Wildwood, Georgia Property Taxes
The median property tax rate in Wildwood, GA is 0.90%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $182,400 in Wildwood, the typical annual property tax bill amounts to $1,633, falling below the national median of $2,690. Property taxes in Wildwood are calculated based on the tax assessed value, which often comes in lower than the market value due to various exemptions such as those for primary residences and agricultural use. Gaining a thorough understanding of Wildwood's property tax system, exploring available exemptions, and identifying possible reductions can result in substantial yearly savings. Whether you're in the heart of Wildwood or another part of the city, understanding the local property tax system can greatly benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wildwood, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$1,642
$1,523
Ownwell’s Wildwood Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wildwood with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Wildwood to provide an estimated property tax bill. This valuable tool helps you grasp potential tax liabilities effortlessly. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is determined by the county for tax purposes, factoring in any applicable exemptions.
Property Tax Rates Across Wildwood, Georgia
Property taxes in Wildwood, Georgia, play an essential role in funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Wildwood is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Wildwood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wildwood 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 Wildwood's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30757 has both the highest and lowest median property tax rate of 0.90%. Understanding how these areas compare with Wildwood provides valuable insights into the varying tax landscape across Dade County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wildwood Tax Rate
0.90%
Average Dade County Tax Rate
0.90%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wildwood, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30757 | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Wildwood, Georgia
In Wildwood, 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 Dade 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 Wildwood, 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. The median home price in Wildwood is $182,400, and the property tax bills range significantly. For instance, the 25th percentile tax bill is $967, while the 75th percentile tax bill is $2,369. The highest median tax bill is $1,633, found in the 30757 zip code, which also has the lowest median tax bill of $1,633. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Average Wildwood Assessed Value
$182,400
Average Dade County Assessed Value
$197,725
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wildwood, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30757 | $48,158 | $108,000 | $182,400 | $264,560 | $414,770 |
Source: Ownwell
Property Tax Bills Across Wildwood, Georgia
In Wildwood, located in Dade 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 Wildwood is $182,400. Property taxes are influenced by several factors, including the assessed value, local tax rates, and any applicable exemptions. Homeowners in Wildwood can expect their tax bills to vary significantly, with the 25th percentile tax bill at $967, and the 75th percentile tax bill reaching up to $2,369. For those at the higher end, the 90th percentile tax bill can be as high as $3,714. The property tax rate in Wildwood is an important factor affecting homeowners, as it determines how much they will pay annually. Compared to the national median property tax rate of 0.99%, the tax burden in Wildwood can be substantial, impacting household budgets and the overall affordability of owning a home in the area.
Average Wildwood Tax Bill
$1,633
Average Dade County Tax Bill
$1,818
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Wildwood, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30757 | $431 | $967 | $1,633 | $2,369 | $3,714 |
Source: Ownwell