Carlton, Georgia Property Taxes
The median property tax rate in Carlton, GA is 1.21%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Carlton at $102,615, the typical annual property tax bill reaches $1,174, still below the national median of $2,690. Property taxes in Carlton 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 Carlton'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 Carlton or another part of Oglethorpe County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carlton, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$1,242
$1,152
Ownwell’s Carlton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carlton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carlton 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 Carlton, Georgia
Property taxes in Carlton, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carlton is 1.21%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Carlton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carlton 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 Carlton's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30627 zip code has the highest median property tax rate of 1.21%, while the same zip code also has the lowest median tax rate of 1.21%. Understanding how these cities compare with Carlton provides valuable insights into the varying tax landscape across Oglethorpe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carlton Tax Rate
1.21%
Average Oglethorpe County Tax Rate
1.21%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carlton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30627 | 0.99% | 1.21% | 1.21% | 1.21% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Carlton, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Carlton, Georgia. 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 Oglethorpe 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 Carlton, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Carlton is $102,615, with the 25th percentile tax bill at $584 and the 75th percentile at $2,146. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Carlton Assessed Value
$102,615
Average Oglethorpe County Assessed Value
$151,500
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carlton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30627 | $28,950 | $51,400 | $102,615 | $196,500 | $308,800 |
Source: Ownwell
Property Tax Bills Across Carlton, Georgia
In Carlton, located in Oglethorpe County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. For homeowners in Carlton, the property tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions. In Carlton, the median home price is $102,615. Depending on the assessed value, homeowners can expect their tax bills to vary significantly. For instance, 25th percentile tax bills are around $584, while those in the 75th percentile reach up to $2,146. At the 90th percentile, tax bills can be as high as $3,478. These property taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, making it crucial for residents to understand how their tax bills are determined and managed.
Average Carlton Tax Bill
$1,174
Average Oglethorpe County Tax Bill
$1,776
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Carlton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30627 | $317 | $584 | $1,174 | $2,146 | $3,478 |
Source: Ownwell