Coolidge, Georgia Property Taxes
The median property tax rate in Coolidge, GA is 0.98%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $97,698 in Coolidge, the typical annual property tax bill is around $1,131, which is lower than the national median of $2,690. Property taxes in Coolidge are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Coolidge'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 Coolidge or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Coolidge, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Coolidge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Coolidge with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Coolidge 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 Thomas County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Coolidge, Georgia
Property taxes in Coolidge, Georgia, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Coolidge is 0.98%, slightly below the U.S. national median of 0.99%. Local government entities within Coolidge set these rates annually, and they can vary significantly across different neighborhoods. Each year, Coolidge 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 Coolidge's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31738 zip code has the highest median property tax rate of 0.98%, while the 31738 zip code also has the lowest median tax rate of 0.98%. Understanding how these cities compare with Coolidge provides valuable insights into the varying tax landscape across Thomas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Coolidge Tax Rate
0.98%
Average Thomas County Tax Rate
1.01%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coolidge, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31738 | 0.89% | 0.98% | 0.98% | 1.59% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Coolidge, Georgia
In Coolidge, 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 Thomas 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 Coolidge, 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. Being aware of these valuation processes in Coolidge helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1131 in the 31738 zip code, highlighting the uniformity in property tax assessments.
Average Coolidge Assessed Value
$97,698
Average Thomas County Assessed Value
$133,872
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Coolidge, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31738 | $23,476 | $48,562 | $97,698 | $216,943 | $357,765 |
Source: Ownwell
Property Tax Bills Across Coolidge, Georgia
In Coolidge, Thomas County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For instance, with a median home price of $97,698, the property tax rate is applied to the assessed value to determine the annual tax bill. Key factors influencing the tax bill include the home's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Coolidge experience a range of tax bills. The 25th percentile tax bill is $538, while the 75th percentile reaches $2,195, and those in the 90th percentile pay up to $3,502. These figures highlight the variability in property taxes within the area, influenced by property values and local tax policies. Compared to the national median property tax rate of 0.99%, Coolidge's property tax rates can significantly impact homeowners, making it crucial for residents to understand how their tax bills are calculated and what factors contribute to their final amount.
Average Coolidge Tax Bill
$1,131
Average Thomas County Tax Bill
$1,363
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Coolidge, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31738 | $296 | $538 | $1,131 | $2,195 | $3,502 |
Source: Ownwell