Average Tax Assessment in Polk County
Real Estate Values and Property Tax Valuation in Polk County, Georgia
Polk County has a total of 14,927 properties with a cumulative value of $1.8B. This represents 0.22% of all real estate value in Georgia. Property taxes in Polk County totaled $15.4M, with an average property tax rate of 0.86%, which is lower than the state average of 1.00%. The average Polk County homeowner pays $1,029 in property taxes compared to the state average of $2,360. Property taxes are based on the assessed value of the property, which is determined by the local tax assessor.
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 | |
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TexasFile Clerk Records | - |
Polk Appraisal District | (936) 327-2174 |
Polk Treasurer | (936) 327-6801 |
Polk Assessor | (770) 749-2108 |
Important Dates | |
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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 | |
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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 Polk County
Residential Property Taxes by Cities in Polk County
Polk County has an average property tax rate of 0.86%, which is slightly lower than the national average of 1.08%. This rate is applied to the assessed value of a property, and the average Polk County property tax bill is estimated to be around $1,029. Property taxes in Polk County vary across cities, with Rockmart having the highest effective property tax rate of 0.87%, and Cedartown having the lowest effective property tax rate of 0.86%. This means that property owners in Rockmart will pay slightly more in property taxes than those in Cedartown. Despite the slight differences in property tax rates across cities, the overall property tax rate in Polk County is still relatively low compared to the rest of the country. This makes Polk County an attractive place to live for those looking for a lower cost of living.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Polk 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 Polk 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.
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Real Estate Values in Polk County
The data from Redfin shows that the median home price in Polk County decreased by 2.19% from October 2022 to October 2023. This indicates that the housing market in Polk County is cooling off. Additionally, the home inventory in Polk County decreased by 17 homes from October 2022 to October 2023, suggesting that the demand for housing in the area is increasing. Overall, these trends suggest that the housing market in Polk County is becoming more competitive.
Average Home Value in Polk County, Georgia
Last updated: November 2023
Percent Change in Total Home Sales in Polk County
Last updated: November 2023
Percent Change in New Home Listings in Polk County
Last updated: November 2023
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Mortgage Rates in Polk County
Mortgages in Polk County are a major source of funding for homeowners in the area. According to recent statistics, there is a total of $990.0M in outstanding loan amounts across home mortgages in Polk County, with over 3.3K outstanding loans. This represents a significant portion of the total home value in the county.
The median mortgage rate in Polk County varies across cities, with Aragon having the highest median mortgage rate at 4.13%, and Rockmart having the lowest median mortgage rate at 4.%. This variation in rates across cities allows homeowners to find the best rate for their needs. Overall, mortgages in Polk County are a great way for homeowners to finance their homes and secure their financial future.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Polk County by city.
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Polk County.
Housing Expenses in Polk County, Georgia
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