Screven, Georgia Property Taxes
The median property tax rate in Screven, GA is 1.20%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Screven at $84,982, the typical annual property tax bill reaches $1,199, exceeding the national median of $2,690. Property taxes in Screven 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 Screven'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 Screven 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
Screven, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,020
$990
Ownwell’s Screven Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Screven with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Screven 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 Screven, Georgia
Property taxes in Screven, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Screven is 0.83%, which is lower than both the Georgia state median of 0.92% and the U.S. national median of 0.99%. Local government entities within Screven set these rates annually, and they can vary significantly across different neighborhoods. Each year, Screven 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 Screven's effective property tax rate to other counties in Georgia and the national median. For comparison, 31560 has both the highest and lowest median property tax rate of 0.83%. Understanding how these cities compare with Screven 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 Screven 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 Screven, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31560 | 1.20% | 1.20% | 1.20% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Screven, Georgia
In Screven, 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 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 Screven, 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 Screven helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the highest median tax bill in Screven is $1199 in the 31560 zip code, while the lowest median tax bill is also $1199 in the same zip code.
Average Screven Assessed Value
$84,982
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 Screven, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31560 | $14,819 | $30,725 | $84,982 | $171,712 | $289,991 |
Source: Ownwell
Property Tax Bills Across Screven, Georgia
In Screven, Wayne County, GA, property tax bills are calculated based on the assessed value of your home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine your annual tax bill. For instance, the median home price in Screven is $84,982, and homeowners can expect their tax bills to vary significantly. Factors influencing your tax bill include the assessed value of your property, local tax rates, and any applicable exemptions. The 25th percentile tax bill is around $485, while the 75th percentile reaches $2,206, and those at the 90th percentile pay approximately $3,672. This wide range demonstrates how property characteristics and local policies can impact what you owe. Compared to the national median property tax rate of 0.99%, Screven's tax bills reflect local economic conditions and municipal budget needs. For homeowners, understanding these factors is crucial for financial planning and anticipating annual expenses.
Average Screven Tax Bill
$1,199
Average Wayne County Tax Bill
$1,204
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Screven, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31560 | $249 | $485 | $1,199 | $2,206 | $3,672 |
Source: Ownwell