Port Wentworth, Georgia Property Taxes
The median property tax rate in Port Wentworth, GA is 1.00%, slightly above the national median of 0.99% but below the Georgia state median of 1.08%. With a median home value of $184,500 in Port Wentworth, the typical annual property tax bill amounts to $1,790, which is lower than the national median of $2,690. Property taxes in Port Wentworth are calculated based on the assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural use. Understanding Port Wentworth'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 Port Wentworth or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Port Wentworth, 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 PORT WENTWORTH Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in PORT WENTWORTH with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in PORT WENTWORTH 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 Port Wentworth, Georgia
Property taxes in Port Wentworth, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Port Wentworth is 1.00%, slightly higher than the U.S. national median of 0.99%. Local government entities within Port Wentworth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Port Wentworth 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 Port Wentworth's effective property tax rate to other areas in Chatham County and the national median. For comparison, the 31407 zip code has the highest median property tax rate of 1.00%, while the same 31407 zip code also has the lowest median tax rate of 1.00%. Understanding how these areas compare with Port Wentworth provides valuable insights into the varying tax landscape across Chatham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Port Wentworth Tax Rate
1.00%
Average Chatham County Tax Rate
0.97%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Port Wentworth, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31407 | 0.41% | 0.85% | 1.00% | 1.17% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Port Wentworth, Georgia
In Port Wentworth, 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 Chatham 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. 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 Port Wentworth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest and lowest median tax bill is 31407, with a median tax bill of $1,790.
Average Port Wentworth Assessed Value
$184,500
Average Chatham County Assessed Value
$207,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Port Wentworth, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31407 | $91,440 | $137,700 | $184,500 | $230,500 | $275,760 |
Source: Ownwell
Property Tax Bills Across Port Wentworth, Georgia
In Port Wentworth, located in Chatham County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county tax assessor. This assessed value is a percentage of the property's market value, typically set at 40% in Georgia. To determine the tax bill, the assessed value is multiplied by the local millage rate, which varies by jurisdiction. Several factors influence the final tax bill, including the property's market value, applicable exemptions, and local tax rates. For instance, the median home price in Port Wentworth is $184,500. Homeowners at the 25th percentile can expect a tax bill around $1,014, while those at the 75th percentile might see bills closer to $2,344. At the 90th percentile, tax bills can reach up to $2,910. These property taxes play a crucial role in funding local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. Understanding these factors helps homeowners anticipate and manage their annual property tax obligations effectively.
Average Port Wentworth Tax Bill
$1,790
Average Chatham County Tax Bill
$1,873
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Port Wentworth, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31407 | $478 | $1,014 | $1,790 | $2,344 | $2,910 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
Links | |
|---|---|
| Chatham Assessor's Office | |
| Website | www.chathamtax.org |