Waynesboro, Georgia Property Taxes
The median property tax rate in Waynesboro, GA is 0.97%, which is slightly lower than the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Waynesboro at $377,300, the typical annual property tax bill reaches $3,641, significantly higher than the national median of $2,690. Property taxes in Waynesboro 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 Waynesboro'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 Waynesboro 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
Waynesboro, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$3,660
$3,396
Ownwell’s Waynesboro Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Waynesboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Waynesboro to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in more localized trends, additional neighborhood-level information is available below. Your property’s assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Waynesboro, Georgia
Property taxes in Waynesboro, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Waynesboro is 0.97%, slightly below the U.S. national median of 0.99%. Local government entities within Waynesboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Waynesboro 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. For comparison, the zip code 30830 in Jenkins County has the highest median property tax rate of 0.97%, while the same zip code also has the lowest median tax rate of 0.97%. Understanding how these areas compare with Waynesboro provides valuable insights into the varying tax landscape across Burke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Waynesboro Tax Rate
0.97%
Average Jenkins County Tax Rate
1.02%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Waynesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30830 | 0.97% | 0.97% | 0.97% | 0.97% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Waynesboro, Georgia
In Waynesboro, 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 Burke 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 Waynesboro, 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 Waynesboro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Waynesboro are both $3641.00, found in zip code 30830.
Average Waynesboro Assessed Value
$377,300
Average Jenkins County Assessed Value
$55,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Waynesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30830 | $377,300 | $377,300 | $377,300 | $377,300 | $377,300 |
Source: Ownwell
Property Tax Bills Across Waynesboro, Georgia
In Waynesboro, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. For instance, with a median home price of $377,300, the tax bills in Waynesboro remain consistent across various percentiles, with a median tax bill of $3,641. This figure is notably higher than the national median property tax rate of 0.99%, indicating a significant impact on homeowners in the area. Several factors influence the tax bill, including property location, home size, and any applicable exemptions. Homeowners in Waynesboro can expect their property taxes to be a substantial part of their annual expenses. Understanding how these taxes are calculated helps homeowners plan their finances better and potentially seek exemptions or appeals to lower their tax burden. The uniformity in tax bills across different percentiles suggests a standardized approach in the city, providing predictability for residents.
Average Waynesboro Tax Bill
$3,641
Average Jenkins County Tax Bill
$562
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Waynesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30830 | $3,641 | $3,641 | $3,641 | $3,641 | $3,641 |
Source: Ownwell