Warrenton, Georgia Property Taxes
The median property tax rate in Warrenton, GA is 1.15%, which is higher than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $237,319 in Warrenton, the typical annual property tax bill amounts to $2,734, slightly above the national median of $2,690. Property taxes in Warrenton are calculated based on the assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Warrenton'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 Warrenton or another part of McDuffie County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Warrenton, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$2,729
$2,533
Ownwell’s Warrenton Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Warrenton with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Warrenton to provide an accurate estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities and plan your finances accordingly. For those interested in more localized information, trends on a neighborhood level are available further down the page. Your property’s assessed value, determined by the county, is crucial for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Warrenton, Georgia
Property taxes in Warrenton, Georgia, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Warrenton is 1.15%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Warrenton set these rates annually, and they can vary across different neighborhoods. Each year, Warrenton 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 Warrenton's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30828 in McDuffie County has the same median property tax rate of 1.15%. Understanding how these areas compare with Warrenton provides valuable insights into the varying tax landscape across McDuffie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Warrenton Tax Rate
1.15%
Average Mcduffie County Tax Rate
0.93%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Warrenton, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30828 | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Warrenton, Georgia
In Warrenton, 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 McDuffie 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 Warrenton, 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 Warrenton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area both stand at $2,734, specifically in the 30828 zip code.
Average Warrenton Assessed Value
$237,319
Average Mcduffie County Assessed Value
$109,936
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Warrenton, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30828 | $237,319 | $237,319 | $237,319 | $237,319 | $237,319 |
Source: Ownwell
Property Tax Bills Across Warrenton, Georgia
In Warrenton, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the market value of the property. Factors such as the property's location, size, and condition can influence its assessed value. Once the assessed value is established, local tax rates, known as millage rates, are applied to determine the final tax bill. Homeowners in Warrenton, located in McDuffie County, face a median property tax bill of $2,734, which is significantly higher than the national median property tax rate of 0.99%. This higher tax rate can impact homeowners by increasing their annual costs, making budgeting for property expenses more challenging. The consistency of the tax bill across different percentiles, such as the 25th, 75th, and 90th, indicates a uniform tax structure within the area. This uniformity ensures that all homeowners contribute fairly to local services and infrastructure, but it also means that everyone shares the burden of higher property taxes.
Average Warrenton Tax Bill
$2,734
Average Mcduffie County Tax Bill
$1,025
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Warrenton, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30828 | $2,734 | $2,734 | $2,734 | $2,734 | $2,734 |
Source: Ownwell