Jesup, Wayne County, Georgia Property Taxes
The median property tax rate in Jesup, GA is 1.20%, notably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Jesup at $79,196, the typical annual property tax bill reaches $1,151, which is below the national median of $2,690. Property taxes in Jesup are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Jesup'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 Jesup or another part of Wayne County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jesup, Wayne County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$950
$882
Ownwell’s Jesup Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jesup with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jesup 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 Jesup, Wayne County, Georgia
Property taxes in Jesup, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jesup is 1.20%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Jesup set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jesup 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 Jesup's effective property tax rate to other areas in Wayne County and the national median. For comparison, the zip code 31546 has the highest median property tax rate of 1.41%, while the zip code 31545 has the lowest median tax rate of 1.20%. Understanding how these areas compare with Jesup provides valuable insights into the varying tax landscape across Wayne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jesup Tax Rate
1.20%
Average Wayne County Tax Rate
1.20%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jesup, Wayne County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31545 | 1.20% | 1.20% | 1.20% | 1.41% | 1.41% |
| 31546 | 1.20% | 1.20% | 1.41% | 1.41% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Jesup, Wayne County, Georgia
In Jesup, Georgia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Wayne 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 Jesup, 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 Jesup helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Jesup is $1,257 in the 31546 zip code, while the lowest median tax bill is $1,095 in the 31545 zip code.
Property Tax Assessment Values Across Jesup, Wayne County, Georgia
Source: Ownwell
$73,303
$114,832
$156,361
Average Jesup Assessed Value
$79,196
Average Wayne County Assessed Value
$82,626
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jesup, Wayne County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31545 | $14,766 | $31,277 | $73,303 | $164,596 | $240,080 |
| 31546 | $22,656 | $45,410 | $90,970 | $193,729 | $297,254 |
Source: Ownwell
Property Tax Bills Across Jesup, Wayne County, Georgia
In Jesup, located in Wayne County, GA, property tax bills are determined by assessing the value of a property and applying the local tax rate. The assessed value is a percentage of the property's market value, which in Jesup is influenced by factors such as location, property size, and market conditions. Homeowners in Jesup experience a range of property tax bills; for example, the 25th percentile tax bill is around $530, while the 75th percentile reaches $2,253, and the 90th percentile can be as high as $3,374. The median home price in Jesup is $79,196, which is relatively low compared to national averages. This affects the overall tax bill, making it generally more affordable for homeowners. However, the highest median tax bill in Jesup is $1,257 in the 31546 zip code, while the lowest is $1,095 in the 31545 zip code. Understanding these factors can help homeowners better anticipate their property tax obligations and manage their finances accordingly.
Average Jesup Tax Bill
$1,151
Average Wayne County Tax Bill
$1,204
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Jesup, Wayne County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31545 | $265 | $482 | $1,095 | $2,142 | $3,058 |
| 31546 | $349 | $661 | $1,257 | $2,582 | $3,903 |
Source: Ownwell