Lawrenceville, Georgia Property Taxes
The median property tax rate in Lawrenceville, GA is 1.10%, notably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $353,600 in Lawrenceville, the typical annual property tax bill reaches $4,060, surpassing the national median of $2,690. Property taxes in Lawrenceville are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Lawrenceville'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 Lawrenceville 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
Lawrenceville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$3,890
$3,778
$1,148
Average Lawrenceville, Georgia Tax Savings
Ownwell’s Lawrenceville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lawrenceville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lawrenceville to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Lawrenceville. 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 Lawrenceville, Georgia
Property taxes in Lawrenceville, Georgia, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lawrenceville is 1.10%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Lawrenceville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lawrenceville 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 Lawrenceville's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30045 zip code has the highest median property tax rate of 1.12%, while the 30046 zip code has the lowest median tax rate of 1.06%. Understanding how these cities compare with Lawrenceville provides valuable insights into the varying tax landscape across Gwinnett County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lawrenceville Tax Rate
1.10%
Average Gwinnett County Tax Rate
1.09%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lawrenceville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30043 | 0.29% | 0.94% | 1.09% | 1.50% | 1.53% |
30044 | 0.29% | 0.95% | 1.12% | 1.52% | 1.55% |
30045 | 0.35% | 0.98% | 1.12% | 1.51% | 1.54% |
30046 | 0.18% | 0.79% | 1.06% | 1.28% | 1.52% |
Source: Ownwell
$1,148
Average Lawrenceville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Lawrenceville, Georgia
In Lawrenceville, 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 Gwinnett 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 Lawrenceville, 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 Lawrenceville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Lawrenceville is found in the 30045 zip code at $4,402, while the lowest median tax bill is in the 30046 zip code at $3,329.
Average Lawrenceville Assessed Value
$353,600
Average Gwinnett County Assessed Value
$373,300
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lawrenceville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30043 | $281,840 | $328,000 | $381,900 | $448,200 | $523,500 |
30044 | $255,100 | $287,700 | $327,000 | $386,100 | $468,500 |
30045 | $285,500 | $326,200 | $373,300 | $435,075 | $517,850 |
30046 | $215,440 | $272,100 | $313,000 | $366,600 | $426,300 |
Source: Ownwell
$1,148
Average Lawrenceville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Lawrenceville, Georgia
Property tax bills in Lawrenceville, Gwinnett County, GA, are determined based on the assessed value of a property, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. In Lawrenceville, the median home price is $353,600, leading to varying tax bills across different percentiles. For instance, homeowners in the 25th percentile pay around $2,869, while those in the 75th percentile face bills as high as $5,125, and the 90th percentile sees bills up to $6,174. The highest median tax bill in the area is $4,402 in the 30045 zip code, while the lowest is $3,329 in the 30046 zip code. Ownwell helps homeowners save on their property tax bills by offering expert property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it to market trends, Ownwell identifies opportunities for reductions, ensuring you never overpay on your property taxes.
Average Lawrenceville Tax Bill
$4,060
Average Gwinnett County Tax Bill
$4,152
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Lawrenceville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30043 | $1,098 | $3,103 | $4,344 | $5,438 | $6,517 |
30044 | $1,022 | $2,845 | $3,971 | $4,921 | $5,877 |
30045 | $1,372 | $3,310 | $4,402 | $5,490 | $6,550 |
30046 | $621 | $2,145 | $3,329 | $4,226 | $5,077 |
Source: Ownwell
$1,148
Average Lawrenceville Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Appeal Deadline | May 20 |
Tax Bill | |
Issued | September 1 |
Due Date #1 | September 15 |
Due Date #2 | November 15 |
Links | |
---|---|
Gwinnett Assessor's Office | |
Phone | (770) 822-7200 |
Website | gwinnettassessor.manatron.com |
taxpayer.services@gwinnettcounty.com |
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