To get an estimate on property taxes, enter the
price of the home and then click the "Click to Calculate Taxes" button.
Don't take this as what you will actually pay. Use it to compare various
areas. It's going to depend on what the tax assessor appraises your home
for and the homestead exemptions that you qualify for. The calculation used
in this spreadsheet is as follows: 40% of the price of the home less the
standard homestead exemption
amount. Then divide that by 1000 and multiply it by the millage rate. Millage
rates and exemption amounts as per sources that are linked to. As of
November 2011. There's also a column showing how much it is without the
homestead exemption. This is how much it would be if you were a landlord
and renting it out.
DeKalb County has a special HOST (homestead optional sales tax) where they
collect a 1% sales tax and at the end of the year they have to use at least 80%
of that for additional homestead exemption credits. This makes the
calculation a little tricky but I did adjust for it. This HOST credit is
used on the county portion but not on the school or city portion.
Be careful when you check the county websites for the property taxes.
Some local cities bill the city taxes separately from the county. For
example, Gwinnett County includes the local city taxes in their bills but they
don't do it for Buford, Duluth, Norcross or Suwanee. This calculator is
the total for both city and county and also includes sanitation and stormwater
fees. It's as close to the final tax bill that you'll receive as I could
make it. To be exact, you should just call up the specific taxing
authority and have them
(Please verify all results yourself. Call
the county tax assessor to double check. )