Lilburn, Gwinnett County, Georgia Property Taxes

Local government entities are responsible for setting tax rates, which can differ significantly within a state. Each year, counties estimate their budget needs to provide essential services and then divide this amount by the total assessed value of all taxable properties in their jurisdiction. This calculation determines the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the basic annual process.

In Lilburn, located in Gwinnett County, the effective property tax rate is 1.07%. This rate is slightly above the national median property tax rate of 1.02%. When compared to other areas in Georgia, Lilburn's rate is consistent, as both the highest and lowest median tax rates in the region are also 1.07%. This uniformity suggests that property owners in Lilburn can expect a stable tax environment, which can be a significant factor for homeowners and potential buyers considering the area. Understanding these rates can help property owners make informed decisions about their investments and better anticipate their annual tax obligations.

In Lilburn, Gwinnett County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value, affecting the overall tax liability for homeowners. In Lilburn, the median property tax bill is $3,832, which is above the national median of $2,400, indicating a significant financial obligation for homeowners. This high tax bill can be challenging, especially when compared to the national median property tax rate of 1.02%.

Ownwell offers a solution by providing property tax appeal and exemption services, helping homeowners potentially lower their tax bills. Our experts analyze property assessments to identify discrepancies or overvaluations, assisting in filing appeals that could reduce the tax burden. By leveraging our expertise, homeowners in Lilburn can ensure they are not overpaying on their property taxes, ultimately saving money and alleviating financial strain.