Barwick, Georgia Property Taxes
The median property tax rate in Barwick, GA is 1.34%, which is considerably higher than both the national median of 0.99% and Georgia's state median of 1.08%. With a median home value of $82,340 in Barwick, the typical annual property tax bill reaches $1,108, still below the national median of $2,690. Property taxes in Barwick 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 Barwick'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 Barwick or another part of Brooks County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Barwick, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.34%
Estimate Property Tax Bill
$1,103
$1,072
Ownwell’s Barwick Property Tax Bill Calculator is an invaluable tool for any homeowner, real estate investor, or potential owner looking to estimate their annual property taxes in Barwick, GA. By simply entering your property's estimated assessed value, the calculator utilizes the median tax rate in Barwick to provide an accurate estimate of your property tax bill. This user-friendly tool helps you understand your potential tax liabilities with ease. For those interested in more localized trends, you can scroll down to discover detailed information at the neighborhood level. Your property’s assessed value, determined by Brooks County, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Barwick, Georgia
Property taxes in Barwick, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Barwick is 1.34%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Barwick set these rates annually, and they can vary significantly across different neighborhoods. Each year, Barwick 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 Barwick's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31720 zip code has the highest median property tax rate of 1.34%, while the 31720 zip code also has the lowest median tax rate of 1.34%. Understanding how these cities compare with Barwick provides valuable insights into the varying tax landscape across Brooks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Barwick Tax Rate
1.34%
Average Brooks County Tax Rate
1.04%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Barwick, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31720 | 1.24% | 1.29% | 1.34% | 1.41% | 1.60% |
Source: Ownwell
Property Tax Assessment Values Across Barwick, Georgia
In Barwick, 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 Brooks 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 Barwick, 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. The median home price in Barwick is $82,340, with tax bills ranging from $717 at the 25th percentile to $1,998 at the 90th percentile. The highest and lowest median tax bill is $1,108 in the 31720 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 Barwick Assessed Value
$82,340
Average Brooks County Assessed Value
$119,130
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Barwick, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31720 | $34,300 | $52,650 | $82,340 | $111,900 | $149,600 |
Source: Ownwell
Property Tax Bills Across Barwick, Georgia
In Barwick, located in Brooks County, GA, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of its market value. Homeowners in Barwick generally experience property tax bills that range significantly, reflecting the diversity in property values and tax rates within the area. For instance, the tax bill for a home in the 25th percentile is around $717, while those in the 75th percentile see bills closer to $1,514, and the 90th percentile can reach up to $1,998. These variations highlight the impact of different assessed values and applicable tax rates on homeowners. The median home price in Barwick stands at $82,340, and with a tax rate that can be compared to the national median property tax rate of 0.99%, homeowners can gauge their expected tax obligations. This calculated approach ensures that property taxes are fairly distributed based on property values, providing essential revenue for local services and infrastructure.
Average Barwick Tax Bill
$1,108
Average Brooks County Tax Bill
$1,212
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Barwick, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31720 | $472 | $717 | $1,108 | $1,514 | $1,998 |
Source: Ownwell