Wrightsville, Georgia Property Taxes
The median property tax rate in Wrightsville, GA is 0.90%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Wrightsville at $124,764, the typical annual property tax bill is $1,119, significantly below the national median of $2,690. Property taxes in Wrightsville 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 Wrightsville'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 Wrightsville 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
Wrightsville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$1,123
$1,042
Ownwell’s Wrightsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wrightsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wrightsville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Wrightsville, Georgia
Property taxes in Wrightsville, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wrightsville is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Wrightsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wrightsville 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 Wrightsville's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31096 has both the highest and lowest median property tax rate of 0.90%. Understanding how these areas compare with Wrightsville provides valuable insights into the varying tax landscape across Laurens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wrightsville Tax Rate
0.90%
Average Laurens County Tax Rate
0.90%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wrightsville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31096 | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Wrightsville, Georgia
In Wrightsville, 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 Laurens 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 Wrightsville, 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 Wrightsville 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 $1119 in zip code 31096, while the lowest median tax bill is also $1119 in the same zip code.
Average Wrightsville Assessed Value
$124,764
Average Laurens County Assessed Value
$75,596
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wrightsville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31096 | $41,310 | $54,539 | $124,764 | $233,640 | $313,581 |
Source: Ownwell
Property Tax Bills Across Wrightsville, Georgia
In Wrightsville, Laurens 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 Wrightsville is $124,764. Homeowners can expect their tax bills to vary significantly, with the 25th percentile paying around $489, while those in the 75th percentile might see bills as high as $2,096. Several factors influence the final tax bill, including property size, location, and applicable exemptions. The highest median tax bill in Wrightsville is $1,119, which is notably higher than the national median property tax rate of 0.99%. This variation affects homeowners differently, with those in more expensive homes or less favorable tax brackets shouldering a larger financial burden. Understanding these factors can help homeowners better anticipate their annual tax obligations and plan accordingly.
Average Wrightsville Tax Bill
$1,119
Average Laurens County Tax Bill
$799
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Wrightsville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31096 | $371 | $489 | $1,119 | $2,096 | $2,813 |
Source: Ownwell