Ashburn, Georgia Property Taxes
The median property tax rate in Ashburn, GA is 1.00%, slightly above the national median of 0.99% but lower than the Georgia state median of 1.08%. With a median home value in Ashburn at $92,214, the typical annual property tax bill amounts to $1,172, which is below the national median of $2,690. Property taxes in Ashburn are determined based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural use. Gaining a thorough understanding of Ashburn's property tax system, exploring available exemptions, and pinpointing opportunities for reductions can result in substantial annual savings. Whether you're situated in the heart of Ashburn or elsewhere in the city, familiarizing yourself with the local property tax system is advantageous for 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%
Estimate Property Tax Bill
$922
$856
Ownwell’s Ashburn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner 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 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 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 1.00%, which is 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 areas in Georgia and the national median. For comparison, the zip code 31714 has the highest median property tax rate of 1.00%, while the same zip code also has the lowest median tax rate of 1.00%. Understanding how these areas compare with Ashburn provides valuable insights into the varying tax landscape across Worth County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ashburn Tax Rate
1.00%
Average Worth County Tax Rate
1.14%
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 | 0.39% | 0.66% | 1.00% | 1.34% | 1.49% |
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 Worth 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 is found in the 31714 zip code, with a value of $1,172.
Average Ashburn Assessed Value
$92,214
Average Worth County Assessed Value
$79,652
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 | $47,926 | $72,095 | $92,214 | $190,788 | $399,270 |
Source: Ownwell
Property Tax Bills Across Ashburn, Georgia
In Ashburn, located in Worth County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners in Ashburn, the median home price is $92,214. Property tax bills can vary widely, with the 25th percentile at $537 and the 75th percentile reaching $1,781. At the higher end, the 90th percentile tax bill is $2,966. Several factors influence these tax bills, including the home's market value, local tax rates, and any applicable exemptions. These taxes fund essential community services such as schools, public safety, and infrastructure. For homeowners, understanding how these factors interplay is crucial for financial planning and anticipating annual costs. Compared to the national median property tax rate of 0.99%, Ashburn's rates reflect the local economic conditions and funding needs, impacting the overall affordability of homeownership in the area.
Average Ashburn Tax Bill
$1,172
Average Worth County Tax Bill
$864
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 | $265 | $537 | $1,172 | $1,781 | $2,966 |
Source: Ownwell