Woodbine, Georgia Property Taxes
The median property tax rate in Woodbine, GA is 1.08%, aligning with the state median but higher than the national median of 0.99%. With the median home value in Woodbine at $223,946, the typical annual property tax bill amounts to $2,284, which is below the national median of $2,690. Property taxes in Woodbine are calculated based on the assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Woodbine'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 Woodbine 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
Woodbine, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,419
$2,349
Ownwell’s Woodbine Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Woodbine with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Woodbine 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 Woodbine, Georgia
Property taxes in Woodbine, Georgia, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Woodbine is 1.08%, higher than the U.S. national median of 0.99%. Local government entities within Woodbine set these rates annually, and they can vary significantly across different neighborhoods. Each year, Woodbine 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 Woodbine's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31569 zip code, which includes Woodbine, has both the highest and lowest median property tax rate of 1.08%. Understanding how these cities compare with Woodbine provides valuable insights into the varying tax landscape across Camden County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Woodbine Tax Rate
1.08%
Average Camden County Tax Rate
1.20%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Woodbine, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31569 | 0.94% | 1.01% | 1.08% | 1.17% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Woodbine, Georgia
In Woodbine, 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 Camden 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 Woodbine, 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 Woodbine helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 31569 has the highest and lowest median tax bill, both at $2,284.
Average Woodbine Assessed Value
$223,946
Average Camden County Assessed Value
$230,457
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Woodbine, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31569 | $48,843 | $119,805 | $223,946 | $307,091 | $408,188 |
Source: Ownwell
Property Tax Bills Across Woodbine, Georgia
In Woodbine, Camden County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Woodbine stands at $223,946. Homeowners in this area can expect their property tax bills to vary significantly, with the 25th percentile at $1,227 and the 75th percentile reaching $3,304. For those in the 90th percentile, the tax bill can go up to $4,519. Property taxes in Woodbine are influenced by factors such as the home's assessed value, local tax rates, and any applicable exemptions. These taxes fund essential public services like schools, infrastructure, and emergency services, thereby impacting the overall quality of life for residents. Compared to the national median property tax rate of 0.99%, the property tax rates in Woodbine can vary, offering a range of financial implications for homeowners depending on their specific property assessments.
Average Woodbine Tax Bill
$2,284
Average Camden County Tax Bill
$2,587
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Woodbine, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31569 | $546 | $1,227 | $2,284 | $3,304 | $4,519 |
Source: Ownwell