Norcross, Georgia Property Taxes
The median property tax rate in Norcross, GA is 1.28%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Norcross at $285,700, the typical annual property tax bill reaches $3,425, exceeding the national median of $2,690. Property taxes in Norcross 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 Norcross'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 Norcross 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
Norcross, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$3,657
$3,552
$1,148
Average Norcross, Georgia Tax Savings
Ownwell’s Norcross Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Norcross with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Norcross 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 Norcross. 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 Norcross, Georgia
Property taxes in Norcross, Georgia, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Norcross is 1.28%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Norcross set these rates annually, and they can vary significantly across different neighborhoods. Each year, Norcross 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 Norcross's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30093 ZIP code has the highest median property tax rate of 1.47%, while the 30071 ZIP code has the lowest median tax rate of 1.09%. Understanding how these cities compare with Norcross 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 Norcross Tax Rate
1.28%
Average Gwinnett County Tax Rate
1.09%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Norcross, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30071 | 0.25% | 0.82% | 1.09% | 1.28% | 1.51% |
| 30093 | 0.33% | 0.95% | 1.47% | 1.55% | 1.59% |
Source: Ownwell
$1,148
Average Norcross Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Norcross, Georgia
In Norcross, 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 Norcross, 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 Norcross helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in Norcross is $3,498 in the 30071 zip code, while the lowest is $3,369 in the 30093 zip code.
Average Norcross Assessed Value
$285,700
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 Norcross, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30071 | $230,000 | $272,500 | $315,400 | $392,350 | $565,700 |
| 30093 | $188,200 | $230,100 | $270,000 | $311,000 | $366,800 |
Source: Ownwell
$1,148
Average Norcross Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Norcross, Georgia
In Norcross, 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. The median home price in Norcross is $285,700. Local tax rates are applied to this assessed value to determine the annual tax bill. The tax rate in Gwinnett County is influenced by factors such as local government budgets, school funding, and public services. Homeowners in Norcross can expect tax bills ranging from $2,390 at the 25th percentile to $5,299 at the 90th percentile, with the highest median tax bill found in zip code 30071 at $3,498. Ownwell helps homeowners reduce their property tax bills by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners are not overpaying. This can result in significant savings, especially in areas with higher tax rates. Trust Ownwell to advocate on your behalf and secure the most favorable tax outcomes.
Average Norcross Tax Bill
$3,425
Average Gwinnett County Tax Bill
$4,152
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Norcross, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30071 | $906 | $2,332 | $3,498 | $4,631 | $5,972 |
| 30093 | $1,025 | $2,427 | $3,369 | $4,238 | $4,979 |
Source: Ownwell
$1,148
Average Norcross Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 20 |
| 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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