Winterville, Georgia Property Taxes
The median property tax rate in Winterville, GA is 1.22%, which is considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Winterville at $282,550, the typical annual property tax bill reaches $3,450, exceeding the national median of $2,690. Property taxes in Winterville 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 Winterville'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 Winterville or another part of Madison County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Winterville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$3,447
$3,199
Ownwell’s Winterville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Winterville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Winterville 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 Winterville, Georgia
Property taxes in Winterville, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Winterville is 1.22%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Winterville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Winterville 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 Winterville's effective property tax rate to other areas in Georgia and the national median. For comparison, the 30683 zip code has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these areas compare with Winterville provides valuable insights into the varying tax landscape across Madison County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Winterville Tax Rate
1.22%
Average Madison County Tax Rate
1.22%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Winterville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30683 | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Winterville, Georgia
In Winterville, 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 Madison 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 Winterville, 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 Winterville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 30683, standing at $3,450, while the lowest median tax bill is also in the same zip code, indicating a consistent tax environment.
Average Winterville Assessed Value
$282,550
Average Madison County Assessed Value
$186,937
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Winterville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30683 | $75,229 | $96,406 | $282,550 | $359,126 | $463,662 |
Source: Ownwell
Property Tax Bills Across Winterville, Georgia
In Winterville, GA, located in Madison County, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's market value, local tax rates, and any exemptions for which the homeowner may qualify. For instance, with a median home price of $282,550, the property tax bill can vary significantly. Homeowners in the 25th percentile can expect to pay around $1,177, while those in the 75th percentile might see a bill of approximately $4,385. At the 90th percentile, the tax bill can reach up to $5,662. Compared to the national median property tax rate of 0.99%, the variability in Winterville highlights the impact of local assessments and tax rates on homeowners. This system ensures that property taxes are proportionate to the value of the property, thereby affecting homeowners differently based on their property's assessed value.
Average Winterville Tax Bill
$3,450
Average Madison County Tax Bill
$2,406
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Winterville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30683 | $919 | $1,177 | $3,450 | $4,385 | $5,662 |
Source: Ownwell