Woodbury, Georgia Property Taxes
The median property tax rate in Woodbury, GA is 1.38%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Woodbury at $77,800, the typical annual property tax bill reaches $1,208, exceeding the national median of $2,690. Property taxes in Woodbury 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 Woodbury'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 Woodbury or another part of Meriwether County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Woodbury, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.38%
Estimate Property Tax Bill
$1,074
$996
Ownwell’s Woodbury Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Woodbury with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Woodbury 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 Woodbury, Georgia
Property taxes in Woodbury, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Woodbury is 1.38%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Woodbury set these rates annually, and they can vary significantly across different neighborhoods. Each year, Woodbury 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 Woodbury's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30293 zip code has the highest median property tax rate of 1.38%, while the same zip code also has the lowest median tax rate of 1.38%. Understanding how these cities compare with Woodbury provides valuable insights into the varying tax landscape across Meriwether County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Woodbury Tax Rate
1.38%
Average Meriwether County Tax Rate
1.38%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Woodbury, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30293 | 1.38% | 1.38% | 1.38% | 2.07% | 2.07% |
Source: Ownwell
Property Tax Assessment Values Across Woodbury, Georgia
In Woodbury, 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 local 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 Woodbury, 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 Woodbury helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 30293, with a median tax bill of $1208.
Average Woodbury Assessed Value
$77,800
Average Meriwether County Assessed Value
$91,140
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Woodbury, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30293 | $25,126 | $42,400 | $77,800 | $147,700 | $262,570 |
Source: Ownwell
Property Tax Bills Across Woodbury, Georgia
In Woodbury, located in Meriwether County, GA, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the market value, which is determined by the local tax assessor. Homeowners in Woodbury experience a range of property tax bills, influenced by various factors such as property size, location, and market conditions. The median home price in Woodbury is $77,800, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $688, while the 75th percentile tax bill reaches $2,245. At the higher end, the 90th percentile tax bill is $3,687. Compared to the national median property tax rate of 0.99%, the property tax rates in Woodbury can present a considerable financial impact on homeowners. Understanding these factors helps homeowners anticipate their property tax obligations and manage their finances more effectively. The highest and lowest median tax bills in Woodbury are both recorded at $1,208 in the zip code 30293, illustrating some consistency in the tax landscape across the city.
Average Woodbury Tax Bill
$1,208
Average Meriwether County Tax Bill
$1,393
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Woodbury, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30293 | $401 | $688 | $1,208 | $2,245 | $3,687 |
Source: Ownwell