Williamson, Georgia Property Taxes
The median property tax rate in Williamson, GA is 1.37%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Williamson, the typical annual property tax bill reaches $2,181, exceeding the national median of $2,690. Property taxes in Williamson are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Williamson'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 Williamson 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
Williamson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$2,264
$2,199
Ownwell’s WILLIAMSON Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in WILLIAMSON with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in WILLIAMSON to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in more detailed trends on a neighborhood level, scroll down to discover localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Williamson, Georgia
Property taxes in Williamson, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Williamson is 1.37%, significantly higher than the U.S. national median of 0.99%. Local government entities within Williamson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Williamson 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 Williamson's effective property tax rate to other areas in Georgia and the national median. For comparison, the zip code 30292 has both the highest and lowest median property tax rate of 1.37%. Understanding how these cities compare with Williamson provides valuable insights into the varying tax landscape across Spalding County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Williamson Tax Rate
1.37%
Average Spalding County Tax Rate
1.55%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Williamson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30292 | 0.65% | 1.05% | 1.37% | 1.72% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Williamson, Georgia
In Williamson, 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 local 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 Williamson, 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. The median home price in Williamson is approximately $165,234. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The highest median tax bill in Williamson is $2,181 in the 30292 zip code, while the lowest is also $2,181 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Williamson Assessed Value
$165,234
Average Spalding County Assessed Value
$111,332
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Williamson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30292 | $42,223 | $104,277 | $165,234 | $229,173 | $308,293 |
Source: Ownwell
Property Tax Bills Across Williamson, Georgia
In Williamson, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. For example, if your home in Williamson has a median home price of $165,234, the assessed value would be a fraction of this amount. The tax rate is then applied to the assessed value to determine the tax bill. Factors that influence the tax bill include the property's location, size, and any applicable exemptions. In Williamson, the tax bills can vary significantly, with the 25th percentile at $1,140 and the 75th percentile at $3,150. The highest median tax bill in the area is $2,181, which is relatively high compared to the national median property tax rate of 0.99%. For homeowners, these taxes can have a substantial impact on annual expenses, making it crucial to understand how these bills are calculated and what factors can influence them.
Average Williamson Tax Bill
$2,181
Average Spalding County Tax Bill
$1,423
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Williamson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30292 | $408 | $1,140 | $2,181 | $3,150 | $4,156 |
Source: Ownwell