Brunswick, Georgia Property Taxes
The median property tax rate in Brunswick, GA is 0.84%, lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Brunswick at $170,500, the typical annual property tax bill is $1,385, falling below the national median of $2,690. Property taxes in Brunswick 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 Brunswick'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 Brunswick 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
Brunswick, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$1,432
$1,391
Ownwell’s Brunswick Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brunswick with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brunswick 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 Brunswick, Georgia
Property taxes in Brunswick, Georgia, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Brunswick is 0.84%, which is lower than the U.S. national median of 0.99%. Local government entities within Brunswick set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brunswick 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 Brunswick's effective property tax rate to other areas in Glynn County and the national median. For comparison, the 31523 zip code has the highest median property tax rate of 0.86%, while the 31520 zip code has the lowest median tax rate of 0.80%. Understanding how these areas compare with Brunswick provides valuable insights into the varying tax landscape across Glynn County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brunswick Tax Rate
0.84%
Average Glynn County Tax Rate
0.84%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brunswick, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31520 | 0.49% | 0.61% | 0.80% | 0.84% | 1.00% |
| 31523 | 0.73% | 0.80% | 0.86% | 1.00% | 1.00% |
| 31525 | 0.73% | 0.79% | 0.86% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Brunswick, Georgia
In Brunswick, 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 Glynn 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 Brunswick, 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 Brunswick helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Brunswick is $2,085 in zip code 31523, while the lowest median tax bill is $612 in zip code 31520. The median home price in Brunswick is $170,500, and understanding these figures can help homeowners anticipate their tax obligations more accurately.
Average Brunswick Assessed Value
$170,500
Average Glynn County Assessed Value
$258,400
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brunswick, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31520 | $29,730 | $52,700 | $91,300 | $154,975 | $218,500 |
| 31523 | $77,300 | $162,500 | $250,100 | $355,400 | $494,300 |
| 31525 | $63,000 | $124,775 | $196,200 | $266,700 | $338,250 |
Source: Ownwell
Property Tax Bills Across Brunswick, Georgia
In Brunswick, Glynn County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the property's market value. Homeowners in Brunswick can expect a wide range of tax bills depending on their property's assessed value and the specific tax rate applied by local authorities. For instance, the median home price in Brunswick is $170,500. Property tax bills can vary significantly, with the 25th percentile at $617 and the 75th percentile reaching $2,161. The 90th percentile tax bill can be as high as $3,030. Certain areas within Brunswick show even more variation. Zip code 31523 has the highest median tax bill at $2,085, while zip code 31520 has the lowest at $612. These differences highlight how location and property value impact the overall tax burden on homeowners. Compared to the national median property tax rate of 0.99%, Brunswick offers a diverse range of tax obligations, reflecting the unique characteristics of its housing market.
Average Brunswick Tax Bill
$1,385
Average Glynn County Tax Bill
$2,196
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Brunswick, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31520 | $192 | $353 | $612 | $1,197 | $1,732 |
| 31523 | $577 | $1,354 | $2,085 | $2,962 | $4,005 |
| 31525 | $464 | $997 | $1,583 | $2,254 | $2,898 |
Source: Ownwell