Ashburn, Georgia Property Taxes
The median property tax rate in Ashburn, 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 Ashburn at $160,018, the typical annual property tax bill reaches $1,916, which is below the national median of $2,690. Property taxes in Ashburn are calculated based on the tax assessed value, often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ashburn'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 Ashburn or another part of Wilcox County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ashburn, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,920
$1,865
Ownwell’s Ashburn Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ashburn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ashburn to provide an estimated property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in seeing trends on a neighborhood level, scrolling down will reveal more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, taking into account any exemptions that may apply.
Property Tax Rates Across Ashburn, Georgia
Property taxes in Ashburn, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ashburn is 1.20%, significantly higher than the U.S. national median of 0.99%. Local government entities within Ashburn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ashburn 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 Ashburn's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31714 zip code has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Ashburn provides valuable insights into the varying tax landscape across Wilcox County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ashburn Tax Rate
1.20%
Average Wilcox County Tax Rate
1.17%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ashburn, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31714 | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Ashburn, Georgia
In Ashburn, 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 Wilcox 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 Ashburn, 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 Ashburn helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1916 in the 31714 zip code, which is also the lowest median tax bill, reflecting a uniform tax rate across the region.
Average Ashburn Assessed Value
$160,018
Average Wilcox County Assessed Value
$55,379
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ashburn, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31714 | $160,018 | $160,018 | $160,018 | $160,018 | $160,018 |
Source: Ownwell
Property Tax Bills Across Ashburn, Georgia
In Ashburn, located in Wilcox County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. Homeowners in Ashburn face a median property tax bill of $1,916, which is above the national median property tax rate of 0.99%. The tax bill is determined by multiplying the assessed value by the local tax rate set by the county. Factors influencing the tax bill include the home's market value, any applicable exemptions, and local government budget requirements. For instance, if the median home price in Ashburn is $160,018, the assessed value would be a fraction of this market price, and local tax rates would then be applied. This calculation ensures that homeowners contribute fairly to community services such as schools, emergency services, and infrastructure. Higher property taxes can significantly impact homeowners by increasing their annual expenses, but they also contribute to maintaining and improving local amenities and services.
Average Ashburn Tax Bill
$1,916
Average Wilcox County Tax Bill
$650
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Ashburn, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31714 | $1,916 | $1,916 | $1,916 | $1,916 | $1,916 |
Source: Ownwell