Grayson, Georgia Property Taxes
The median property tax rate in Grayson, GA is 1.10%, slightly higher than both the national median of 0.99% and Georgia's state median of 1.08%. With the median home value in Grayson, the typical annual property tax bill reaches $4,444, significantly exceeding the national median of $2,690. Property taxes in Grayson are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Grayson'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 Grayson 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
Grayson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$4,533
$4,207
$1,148
Average Tax Savings
Ownwell’s Grayson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Grayson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Grayson to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Grayson. 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 Grayson, Georgia
Property taxes in Grayson, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grayson is 1.10%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Grayson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grayson 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 Grayson's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30017 zip code has the highest median property tax rate of 1.10%, while the same zip code also has the lowest median tax rate of 1.10%. Understanding how these cities compare with Grayson provides valuable insights into the varying tax landscape across Gwinnett County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Grayson Tax Rate
1.10%
Average Gwinnett County Tax Rate
1.09%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grayson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30017 | 0.32% | 0.92% | 1.10% | 1.47% | 1.52% |
Source: Ownwell
$1,148
Average Grayson Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Grayson, Georgia
In Grayson, 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 Gwinnett 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 Grayson, 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. For instance, the median home price in Grayson is $412,100, with tax bills ranging from $2,991 at the 25th percentile to $7,265 at the 90th percentile. The zip code 30017 has both the highest and lowest median tax bill at $4,444. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Grayson Assessed Value
$412,100
Average Gwinnett County Assessed Value
$373,300
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Grayson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30017 | $290,500 | $340,300 | $412,100 | $496,300 | $591,200 |
Source: Ownwell
$1,148
Average Grayson Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Grayson, Georgia
In Grayson, located in Gwinnett County, GA, property tax bills are calculated based on the assessed value of your home. The assessed value is a percentage of the market value, determined by the county tax assessor. This value is then multiplied by the local tax rate to determine your annual property tax bill. For example, with a median home price of $412,100, tax bills in Grayson can range significantly. The 25th percentile tax bill is around $2,991, while the 75th percentile reaches $5,859, and the 90th percentile can go up to $7,265. Comparatively, Grayson's property tax rates can be higher than the national median property tax rate of 0.99%, affecting homeowners' annual expenses. Ownwell can assist homeowners by reviewing their property assessments and identifying potential discrepancies. By filing appeals and ensuring that properties are fairly assessed, Ownwell helps homeowners reduce their property tax bills, providing significant savings and financial relief.
Average Grayson Tax Bill
$4,444
Average Gwinnett County Tax Bill
$4,152
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Grayson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30017 | $1,341 | $2,991 | $4,444 | $5,859 | $7,265 |
Source: Ownwell
$1,148
Average Grayson Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
Links | |
|---|---|
| Gwinnett Assessor's Office | |
| Phone | (770) 822-7200 |
| Website | gwinnettassessor.manatron.com |
| taxpayer.services@gwinnettcounty.com | |
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