Wrens, Georgia Property Taxes
The median property tax rate in Wrens, GA is 1.25%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Wrens at $58,654, the typical annual property tax bill reaches $703, which is below the national median of $2,690. Property taxes in Wrens 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 Wrens' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Wrens or another part of Jefferson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wrens, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$733
$712
Ownwell’s Wrens Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wrens with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wrens 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 Wrens, Georgia
Property taxes in Wrens, Georgia, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Wrens is 0.91%, which is lower than both the Georgia state median of 0.92% and the U.S. national median of 0.99%. Local government entities within Wrens set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wrens 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 Wrens's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30818 zip code has the highest median property tax rate of 1.30%, while the 30833 zip code has the lowest median tax rate of 1.25%. Understanding how these cities compare with Wrens provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wrens Tax Rate
1.25%
Average Jefferson County Tax Rate
1.25%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wrens, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30818 | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
30833 | 0.84% | 1.13% | 1.25% | 1.27% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Wrens, Georgia
In Wrens, 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 Jefferson 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 Wrens, 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 Wrens helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For context, the zip code 30818 has the highest median tax bill at $1,097, while zip code 30833 has the lowest at $702.
Average Wrens Assessed Value
$58,654
Average Jefferson County Assessed Value
$56,313
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wrens, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30818 | $84,548 | $84,548 | $84,548 | $84,548 | $84,548 |
30833 | $20,624 | $35,476 | $58,532 | $120,009 | $201,840 |
Source: Ownwell
Property Tax Bills Across Wrens, Georgia
In Wrens, property tax bills are calculated based on the assessed value of a home, which is determined by the Jefferson County tax assessor. The median home price in Wrens is $58,654. Property taxes are then levied by applying the local tax rate to this assessed value. Factors such as property size, location, and improvements can influence the assessed value. For homeowners, this means that their tax bill can vary significantly depending on these factors. For example, tax bills in Wrens range from the 25th percentile at $411 to the 75th percentile at $1,418, with the 90th percentile reaching as high as $2,337. The highest median tax bill in the area is $1,097 in the 30818 zip code, while the lowest is $702 in the 30833 zip code. Compared to the national median property tax rate of 0.99%, Wrens offers relatively affordable property taxes, making it an attractive option for homeowners seeking lower tax burdens.
Average Wrens Tax Bill
$703
Average Jefferson County Tax Bill
$685
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Wrens, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30818 | $1,097 | $1,097 | $1,097 | $1,097 | $1,097 |
30833 | $236 | $411 | $702 | $1,420 | $2,338 |
Source: Ownwell