Preston, Webster County, Georgia Property Taxes
Median Preston, GA effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Preston, GA home value: $42,200
Median annual Preston, GA tax bill: $440, $1,960 lower than the national median property tax bill of $2,400.
How are property taxes in Webster calculated?
Property taxes in Preston, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Preston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Preston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Preston, Webster County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.04%
Estimate Property Tax Bill
$439
$407
Property Tax Rates Across Preston, Webster County, Georgia
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Preston, located in Webster County, Georgia, the effective property tax rate is 1.04%. This rate aligns with the median property tax rate for Georgia, which is also 1.04%. When compared to the national median property tax rate of 1.02%, Preston's rate is slightly higher. However, the property tax bill in Preston is still competitive when considering the national median property tax bill of $2,400. Understanding these rates can help property owners in Preston make informed financial decisions, ensuring they maximize potential savings and exemptions. By staying informed about local property tax trends, residents can better navigate their financial obligations and potentially reduce their tax burden.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Preston Tax Rate
1.04%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Webster County Tax Rate
1.04%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Preston, Webster County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31824 | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Preston, Webster County, Georgia
When examining property taxes in Preston, Georgia, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Webster County Tax Assessor's office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Webster County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Preston.
For example, the median home price in Preston is $42,200, with tax bills ranging significantly across the county. Zip code 31824 has the highest median home price at $42,200.
Property Tax Assessment Values Across Preston, Webster County, Georgia
Source: Ownwell
$42,200
$49,700
$57,200
Median Preston Market Value
$42,200
Median Webster County Market Value
$44,300
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Preston, Webster County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31824 | $9,400 | $19,682 | $42,200 | $72,220 | $121,005 |
Source: Ownwell
Property Tax Bills Across Preston, Webster County, Georgia
In Preston, located in Webster County, GA, property tax bills are determined by the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Homeowners in this region face a median property tax bill of $440, which is significantly lower than the national median of $2,400. However, tax bills can vary, with the 25th percentile at $205 and the 75th percentile reaching $754, highlighting the range homeowners might experience based on property value and location within the county.
Factors such as changes in home value, local government budgets, and school district funding needs can influence the tax rate and, consequently, the tax bill. Homeowners may find these fluctuations challenging to navigate, and that's where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell assists homeowners in potentially reducing their tax bills, ensuring they pay no more than their fair share. This service can lead to significant savings, particularly in areas where tax assessments may not accurately reflect current market conditions.
Median Preston Tax Bill
$440
Median Webster County Tax Bill
$460
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Preston, Webster County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31824 | $98 | $205 | $440 | $754 | $1,263 |
Source: Ownwell