Lilburn, Georgia Property Taxes
The median property tax rate in Lilburn, GA is 1.07%, slightly higher than the national median of 0.99% but just below the Georgia state median of 1.08%. With a median home value of $352,000 in Lilburn, the typical annual property tax bill amounts to $3,832, significantly surpassing the national median of $2,690. Property taxes in Lilburn are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Lilburn's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Lilburn 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
Lilburn, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$3,766
$3,495
$1,148
Average Tax Savings
Ownwell’s Lilburn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lilburn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lilburn 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 Lilburn. 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 Lilburn, Georgia
Property taxes in Lilburn, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lilburn is 1.07%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Lilburn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lilburn 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 Lilburn's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30047 zip code has the highest median property tax rate of 1.07%, while the same zip code also has the lowest median tax rate of 1.07%. Understanding how these cities compare with Lilburn 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 Lilburn Tax Rate
1.07%
Average Gwinnett County Tax Rate
1.09%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lilburn, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30047 | 0.26% | 0.87% | 1.07% | 1.32% | 1.54% |
Source: Ownwell
$1,148
Average Lilburn Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Lilburn, Georgia
In Lilburn, 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 Lilburn, 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 Lilburn helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $3,832 in the 30047 zip code, while the lowest is the same at $3,832.
Average Lilburn Assessed Value
$352,000
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 Lilburn, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30047 | $253,800 | $296,700 | $352,000 | $421,500 | $506,800 |
Source: Ownwell
$1,148
Average Lilburn Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Lilburn, Georgia
In Lilburn, Gwinnett County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For example, with a median home price of $352,000, homeowners can expect varying tax bills. The 25th percentile tax bill is around $2,480, while the 75th percentile reaches $4,969, and the 90th percentile can go up to $6,124. These tax bills are influenced by factors such as local tax rates, property assessments, and any applicable exemptions. The national median property tax rate is 0.99%, but specific rates in Gwinnett County can significantly affect what homeowners pay. Ownwell offers a valuable service for homeowners looking to reduce their property tax bills. By leveraging expertise in property tax appeals and exemptions, Ownwell helps identify potential savings, ensuring homeowners are not overpaying. This can lead to substantial reductions in annual property tax expenses, making homeownership in Lilburn more affordable.
Average Lilburn Tax Bill
$3,832
Average Gwinnett County Tax Bill
$4,152
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Lilburn, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30047 | $898 | $2,480 | $3,832 | $4,969 | $6,124 |
Source: Ownwell
$1,148
Average Lilburn 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 | |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.