Washington, Georgia Property Taxes
The median property tax rate in Washington, GA is 1.14%, higher than both the national median of 0.99% and Georgia’s state median of 1.08%. With a median home value of $73,169 in Washington, the typical annual property tax bill is $914, which is below the national median of $2,690. Property taxes in Washington are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Washington’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 Washington or another part of Wilkes County, grasping the local property tax structure will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Washington, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$834
$810
Ownwell’s WASHINGTON Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WASHINGTON with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WASHINGTON 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 Washington, Georgia
Property taxes in Washington, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Washington is 1.14%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Washington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Washington 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 Washington's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30673 zip code has the highest median property tax rate of 1.14%, while the 30673 zip code also has the lowest median tax rate of 1.14%. Understanding how these cities compare with Washington provides valuable insights into the varying tax landscape across Wilkes County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Washington Tax Rate
1.14%
Average Wilkes County Tax Rate
1.14%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Washington, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30673 | 0.90% | 1.09% | 1.14% | 1.49% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Washington, Georgia
In Washington, 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 Wilkes 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 Washington, 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. For example, the median home price in Washington is $73,169, with tax bills ranging from $568 at the 25th percentile to $2,600 at the 90th percentile. The highest median tax bill is $914 in zip code 30673, which is also where the lowest median tax bill is found. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Washington Assessed Value
$73,169
Average Wilkes County Assessed Value
$74,526
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Washington, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30673 | $26,431 | $46,816 | $73,169 | $134,247 | $233,422 |
Source: Ownwell
Property Tax Bills Across Washington, Georgia
Property tax bills in Washington, GA, located in Wilkes County, are determined by assessing the value of a property and applying the local tax rate to that assessed value. The assessed value is typically a percentage of the property's market value, and this percentage can vary. For instance, if the median home price is $73,169, the assessed value is calculated based on this figure. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions or deductions. For homeowners in Washington, the tax bill can range significantly. At the 25th percentile, the tax bill is $568, while at the 75th percentile, it rises to $1,567. The top 10% of tax bills can reach up to $2,600. These property taxes impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. While the median tax bill in Washington is $914, it's essential to note that this is below the national median property tax rate of 0.99%, making it relatively affordable for homeowners in the area.
Average Washington Tax Bill
$914
Average Wilkes County Tax Bill
$892
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Washington, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30673 | $294 | $568 | $914 | $1,567 | $2,600 |
Source: Ownwell