Jewell, Georgia Property Taxes
The median property tax rate in Jewell, GA is 1.24%, noticeably higher than both the national median of 0.99% and Georgia's state median of 1.08%. With a median home value of $21,616, the typical annual property tax bill in Jewell amounts to $236, which is significantly lower than the national median of $2,690. Property taxes in Jewell are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural use. Understanding Jewell's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Jewell or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jewell, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Jewell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jewell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jewell to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Jewell, Georgia
Property taxes in Jewell, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jewell is 1.24%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Jewell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jewell 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 Jewell's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31045 zip code has the highest median property tax rate of 1.24%, while the 31045 zip code also has the lowest median tax rate of 1.24%. Understanding how these cities compare with Jewell provides valuable insights into the varying tax landscape across Warren County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jewell Tax Rate
1.24%
Average Warren County Tax Rate
1.20%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jewell, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31045 | 0.82% | 1.15% | 1.24% | 1.24% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Jewell, Georgia
In Jewell, 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 Warren 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 Jewell, 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. For instance, the median home price in Jewell is $21,616, with tax bills ranging from $116 at the 25th percentile to $1,085 at the 90th percentile. The highest and lowest median tax bills are both $236 in the 31045 zip code. By understanding 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 Jewell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jewell Assessed Value
$21,616
Average Warren County Assessed Value
$44,621
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jewell, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31045 | $4,443 | $10,744 | $21,616 | $51,367 | $92,479 |
Source: Ownwell
Property Tax Bills Across Jewell, Georgia
In Jewell, located in Warren County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the home's market value. Factors such as property size, location, and improvements can influence this assessed value. Homeowners in Jewell can expect their tax bills to vary significantly; for instance, the 25th percentile tax bill is around $116, while the 75th percentile tax bill reaches approximately $553. At the 90th percentile, tax bills can be as high as $1,085. The highest median tax bill in the area is $236, which is quite modest compared to the national median property tax rate of 0.99%. These property taxes are crucial for funding local services like schools, infrastructure, and emergency services. Understanding how these factors interplay can help homeowners anticipate their annual tax obligations and better manage their financial planning.
Average Jewell Tax Bill
$236
Average Warren County Tax Bill
$491
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Jewell, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31045 | $55 | $116 | $236 | $553 | $1,085 |
Source: Ownwell