The median sales price of a Cobb County home in the second quarter of 2023 was $395,000, based on data from the 3,143 properties sold during that time. In 2023, the median tax bill for the county was $2,413, which is 0.6% of the median value of the homes that were taxed.
This is 0.5 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Cobb County real estate data showed homeowners in Kennesaw State University paid the highest tax rate of 0.8%.
The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The following table compares Kennesaw State University with some other cities belonging to Cobb County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2023.
City | Q2 2023 Sales | Q2 2023 Median Price | Median tax 2023 | Effective tax rate |
---|---|---|---|---|
Kennesaw State University | 4 | $350,000 | $2,965 | 0.8% |
Smyrna | 238 | $408,000 | $2,785 | 0.7% |
Kennesaw | 148 | $376,400 | $2,779 | 0.7% |
Vinings | 72 | $469,900 | $3,297 | 0.7% |
Acworth | 128 | $339,500 | $2,469 | 0.7% |
Mableton | 258 | $300,000 | $2,096 | 0.7% |
Fair Oaks | 28 | $308,800 | $1,877 | 0.6% |
Austell | 50 | $290,158 | $1,668 | 0.6% |
Powder Springs | 122 | $320,000 | $2,011 | 0.6% |
Marietta | 321 | $407,050 | $783 | 0.2% |