Average Tax Assessment in Cook County
Real Estate Values and Property Tax Valuation in Cook County, Georgia
Cook County has a total of 5,750 properties with a cumulative value of $544.1M. This represents 0.07% of all real estate value in Georgia. Property taxes in Cook County totaled $6.8M, with an average property tax rate of 1.24%, which is higher than the state average of 1.00%. The average Cook County homeowner pays $1,174 in property taxes, which is lower than the state average of $2,360. Property taxes are calculated based on the assessed value of the property, which is typically lower than the market value.
The property tax timeline in Georgia begins on January 1st, when the property values are assessed. Property value notices are then issued between April and July, and property owners have 30 to 45 days after the notices are mailed to file an appeal. Finally, property tax bills are issued on September 1st.
Updated November 01, 2023
| Important Links | |
|---|---|
| Cook Assessor | (312) 443-7550 |
| Cook Assessor | (218) 387-3650 |
| Cook Clerk of Court | (229) 896-7717 |
| Cook Recorder of Deeds | (312) 603-5050 |
| Important Dates | |
|---|---|
| Property Valuation Date: | January 1st |
| Property Value Notices Issued: | April - July |
| Property Tax Appeal Deadline: | 30 to 45 days after notices mailed |
| Property Tax Bills Issued: | September 1st |
| Real Property Tax Bill Due (1st of #): | May - December, Varies by jurisdiction, Fulton County - October 15th |
| Available Exemptions | |
|---|---|
| Senior | Available |
| Disabled | Available |
| Homestead | Available |
| Veteran | Available |
| Solar/Wind | Not Available |
| Charitable | Available |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Cook County
Residential Property Taxes by Cities in Cook County
Cook County has an average property tax rate of 1.24%, which is slightly lower than the national average of 1.28%. This rate is applied to the assessed value of a property to calculate the amount of taxes due. Property taxes in Cook County are collected by the county government and are used to fund public services such as schools, roads, and public safety.
Property tax rates in Cook County vary across cities, with Adel having the highest effective property tax rate of 1.25% and Lenox having the lowest effective property tax rate of 1.16%. Property taxes in Cook County are generally lower than the rest of the state, making it an attractive option for homeowners looking to save on their tax bills. Property taxes in Cook County are expected to generate approximately $6.8 million in revenue in 2023.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Cook County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Cook County.
Effective Property Tax Rate
The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.
Reduce your property tax bill with Ownwell!
Real Estate Values in Cook County
Home prices in Cook County, Georgia have seen a significant increase from October 2022 to October 2023, with a 52.90% increase in median home price. This is likely due to the decrease in home inventory, as there were only 26 homes available in October 2023 compared to 20 in October 2022. This indicates that demand for homes in Cook County is high, driving up prices.
Average Home Value in Cook County, Georgia
Last updated: November 2023
Percent Change in Total Home Sales in Cook County
Last updated: November 2023
Percent Change in New Home Listings in Cook County
Last updated: November 2023
Reduce your property tax bill with Ownwell
Mortgage Rates in Cook County
Cook County is home to a large number of outstanding home mortgage loans, totaling $97.1 million. This represents a significant portion of the total home value in the county, indicating that many residents are taking advantage of the opportunity to purchase a home. The number of outstanding loans in Cook County is 934, indicating that many people are taking advantage of the opportunity to own a home.
The median mortgage rate in Cook County varies across cities, with Sparks having the highest rate at 4.12%, and Lenox having the lowest rate at 3.93%. This variation in rates across cities indicates that there are different opportunities for potential homebuyers to find the best rate for their needs. Overall, the mortgage market in Cook County is strong, with a large number of outstanding loans and a wide range of rates available.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Cook County by city.
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Cook County.
Housing Expenses in Cook County, Georgia
Reduce your property tax bill with Ownwell
With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.
How Ownwell works?
- Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
- Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
- Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
- When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.