Jeffersonville, Georgia Property Taxes
The median property tax rate in Jeffersonville, GA is 1.03%, slightly higher than the national median of 0.99% but below Georgia's state median of 1.08%. With the median home value in Jeffersonville at $41,608, the typical annual property tax bill amounts to $380, which is significantly lower than the national median of $2,690. Property taxes in Jeffersonville are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Jeffersonville'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 Jeffersonville or elsewhere in Wilkinson County, a thorough understanding of the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jeffersonville, 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 Jeffersonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jeffersonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jeffersonville 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 Jeffersonville, Georgia
Property taxes in Jeffersonville, Georgia, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Jeffersonville is 1.03%, which is higher than the U.S. national median of 0.99%. Local government entities within Jeffersonville set these rates annually, and they can vary across different neighborhoods. Each year, Jeffersonville 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 Jeffersonville's effective property tax rate to other areas in Georgia and the national median. For comparison, the 31044 zip code has the median property tax rate of 1.03%. Understanding how these areas compare with Jeffersonville provides valuable insights into the varying tax landscape across Wilkinson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jeffersonville Tax Rate
1.03%
Average Wilkinson County Tax Rate
1.36%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jeffersonville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31044 | 0.27% | 0.60% | 1.03% | 1.36% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Jeffersonville, Georgia
In Jeffersonville, 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 Wilkinson 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 Jeffersonville, 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 Jeffersonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 31044, with a median tax bill of $380.
Average Jeffersonville Assessed Value
$41,608
Average Wilkinson County Assessed Value
$56,049
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jeffersonville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31044 | $10,775 | $22,787 | $41,608 | $85,002 | $132,226 |
Source: Ownwell
Property Tax Bills Across Jeffersonville, Georgia
In Jeffersonville, GA, located in Wilkinson County, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the market value, which is determined by the county tax assessor. Homeowners in Jeffersonville can expect their property tax bills to vary significantly depending on the value of their property. For instance, the median home price in the area is $41,608, and tax bills range from $170 at the 25th percentile to $1,491 at the 90th percentile, with the median tax bill being $380. This is considerably lower than the national median property tax rate of 0.99%. Factors such as property size, location, and any applicable exemptions or deductions also play a role in determining the final tax bill. Understanding these factors is crucial for homeowners to anticipate their annual property tax obligations accurately. Lower property tax bills can make homeownership more affordable, but it’s essential to stay informed about any changes in assessed values or tax rates that could impact future bills.
Average Jeffersonville Tax Bill
$380
Average Wilkinson County Tax Bill
$637
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Jeffersonville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31044 | $55 | $170 | $380 | $644 | $1,491 |
Source: Ownwell