Chula, Irwin County, Georgia Property Taxes
The median property tax rate in Chula, GA is 1.20%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Chula, the typical annual property tax bill reaches $1,067, which is below the national median of $2,690. Property taxes in Chula are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Chula's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Chula or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Chula, Irwin County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,076
$999
Ownwell’s Chula Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Chula with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Chula to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Chula, Irwin County, Georgia
Property taxes in Chula, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Chula is 1.20%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Chula set these rates annually, and they can vary significantly across different neighborhoods. Each year, Chula estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Chula's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31733 has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Chula provides valuable insights into the varying tax landscape across Irwin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Chula Tax Rate
1.20%
Average Irwin County Tax Rate
1.23%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chula, Irwin County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31733 | 0.77% | 1.08% | 1.20% | 1.26% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Chula, Irwin County, Georgia
In Chula, Georgia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Irwin County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Chula, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The median home price in Chula is $89,699. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Chula helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 31733 has the highest median tax bill at $1,067.
Property Tax Assessment Values Across Chula, Irwin County, Georgia
Source: Ownwell
$52,079
$73,242
$94,405
Average Chula Assessed Value
$89,699
Average Irwin County Assessed Value
$67,066
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chula, Irwin County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31733 | $28,986 | $52,118 | $89,699 | $163,843 | $314,995 |
Source: Ownwell
Property Tax Bills Across Chula, Irwin County, Georgia
In Chula, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor's office. The assessed value is typically a percentage of the property's market value. Homeowners in Chula, located in Irwin County, can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $617, while at the 75th percentile, it reaches $1791, and at the 90th percentile, it climbs to $2874. These variations are influenced by factors such as property size, location, and any applicable exemptions. The median home price in Chula is $89,699, and the property tax rate is influenced by this value. Comparing this to the national median property tax rate of 0.99%, homeowners in Chula may find their tax bills to be relatively moderate. However, the financial impact on homeowners can still be significant, especially for those with properties assessed at the higher end of the spectrum. Understanding how these factors interplay is crucial for homeowners to effectively manage their property tax obligations.
Average Chula Tax Bill
$1,067
Average Irwin County Tax Bill
$893
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Chula, Irwin County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31733 | $312 | $617 | $1,067 | $1,791 | $2,874 |
Source: Ownwell