Chula, Georgia Property Taxes
The median property tax rate in Chula, GA is 1.18%, which is 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 being $130,503, the typical annual property tax bill reaches $1,202, falling 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, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$1,540
$1,496
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, 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 1.18%, which is significantly higher than 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 31733 zip code has the highest median property tax rate of 1.18%, while the same zip code also has the lowest median tax rate of 1.18%. Understanding how these cities compare with Chula provides valuable insights into the varying tax landscape across Tift County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Chula Tax Rate
1.18%
Average Tift County Tax Rate
1.19%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chula, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31733 | 0.58% | 0.88% | 1.18% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Chula, 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 Tift 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. 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 $1202, while the lowest median tax bill is also found in zip code 31733 at $1202.
Average Chula Assessed Value
$130,503
Average Tift County Assessed Value
$88,368
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chula, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31733 | $20,050 | $64,527 | $130,503 | $209,876 | $288,974 |
Source: Ownwell
Property Tax Bills Across Chula, Georgia
In Chula, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. To determine the tax bill, local tax authorities first assess the market value of the property. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions. For homeowners in Chula, the property tax rate can significantly impact their finances. The median home price in Chula is $130,503, and the property tax bills vary widely. For instance, the tax bill at the 25th percentile is $498, while it reaches $2,157 at the 75th percentile, and $3,060 at the 90th percentile. Compared to the national median property tax rate of 0.99%, the property tax burden in Chula can be relatively high or low, depending on the specific property and its assessed value. This variability underscores the importance of understanding how local property taxes are calculated and their potential impact on homeowners.
Average Chula Tax Bill
$1,202
Average Tift County Tax Bill
$893
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Chula, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31733 | $197 | $498 | $1,202 | $2,157 | $3,060 |
Source: Ownwell