Waynesboro, Georgia Property Taxes
The median property tax rate in Waynesboro, GA is 0.81%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Waynesboro at $115,933, the typical annual property tax bill is $1,043, falling below the national median of $2,690. Property taxes in Waynesboro are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Waynesboro'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 Waynesboro 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
Waynesboro, 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 Waynesboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Waynesboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Waynesboro 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 Waynesboro, Georgia
Property taxes in Waynesboro, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Waynesboro is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Waynesboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Waynesboro 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. For comparison, the zip code 30830 has both the highest and lowest median property tax rate of 0.81%. Understanding how these cities compare with Waynesboro provides valuable insights into the varying tax landscape across Burke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Waynesboro Tax Rate
0.81%
Average Burke County Tax Rate
0.79%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Waynesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30830 | 0.72% | 0.75% | 0.81% | 1.04% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Waynesboro, Georgia
In Waynesboro, 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 Burke 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 Waynesboro, 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 Waynesboro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 30830 has the highest median tax bill at $1043, providing a clear picture of property tax variations within the area.
Average Waynesboro Assessed Value
$115,933
Average Burke County Assessed Value
$99,724
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Waynesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30830 | $16,740 | $49,948 | $115,933 | $209,484 | $337,904 |
Source: Ownwell
Property Tax Bills Across Waynesboro, Georgia
Property tax bills in Waynesboro, located in Burke County, GA, are calculated based on the assessed value of a property, which is typically a percentage of its market value. Homeowners in Waynesboro can expect their property tax bills to vary significantly, influenced by factors such as property location, size, and improvements. The median home price in Waynesboro is $115,933, and the tax bill can range widely. For instance, the 25th percentile tax bill is around $420, while the 75th percentile tax bill is approximately $1,741. The 90th percentile tax bill can reach up to $2,722. Waynesboro's property tax rate is crucial for homeowners to understand, especially when compared to the national median property tax rate of 0.99%. The highest median tax bill in the area is $1,043, found in the zip code 30830. This variability in property tax bills can significantly impact homeowners' annual expenses, making it essential for them to be aware of their property's assessed value and corresponding tax obligations.
Average Waynesboro Tax Bill
$1,043
Average Burke County Tax Bill
$840
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Waynesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30830 | $138 | $420 | $1,043 | $1,741 | $2,722 |
Source: Ownwell