Example of Gwinnett County Property Tax Calculation
Gwinnett County calculates property tax based on the assessed value of the property. For example, if a property is assessed at $200,000, the property tax rate of 9.9 mills would result in a tax bill of $1,980. To calculate the tax, simply multiply the assessed value by the millage rate (9.9/1000) and the result will be the annual property tax amount. It's important for residents to remember that property taxes fund important local services such as schools, police and fire departments, and road maintenance.
If you want appeal your property tax assessment - contact your local tax assessor.
Gwinnett County Property Tax Rates
To provide information on the Gwinnett County Property Tax rates, the tax advisor presents the following table in a formatted manner with columns for tax and rate per $100 of assessed value:
|Rate per $100 of Assessed Value
|Varies by city
|Varies by district
|Varies by property
As shown in the table, the Gwinnett County Property Taxes consist of county taxes, city taxes (which vary based on the city), school taxes, and special taxes (which vary based on the district). The total taxes will vary based on the specific property being assessed.
Who sets property tax rates in Gwinnett County ?
Who sets property tax rates in Gwinnett County? The Gwinnett County Board of Commissioners sets the property tax rates in Gwinnett County.
When are property tax rates set in Gwinnett County? Property tax rates in Gwinnett County are typically set in late September or early October each year.
|Gwinnett County property tax rates
|Adult from USA
|Markdown lists and tables
Homestead exemptions in Gwinnett County ?
To help Gwinnett County residents navigate Homestead exemptions and deductions, we've compiled a table of all the county-specific information you need to know.
|Basic Homestead Exemption
|Senior School Tax Exemption
|Primary residence, 65+ years old
|Primary residence, disabled
|Applied with proof of disability
|Primary residence, certain qualified disaster areas
|Applied with proof of damage
|Conservation Use Valuation
|Agricultural or forest land
|Applied with proof of land use
Basic Homestead Exemption
- This exemption applies to any owner-occupied residential property in Gwinnett County that serves as the primary residence of the homeowner.
- The exemption amount is $15,000, meaning the homeowner will only be taxed on the remaining value of their property.
- This exemption is applied automatically and does not require an application.
Senior School Tax Exemption
- This exemption applies to homeowners who are 65 years old or older and who use their property as their primary residence.
- The exemption amount is $8,000, which can help seniors save on property taxes.
- Like the Basic Homestead Exemption, this exemption is applied automatically and does not require an application.
- Homeowners who are disabled and use their property as their primary residence may be eligible for a $10,000 exemption.
- To apply for this exemption, homeowners must provide proof of their disability to the tax assessor's office.
- This exemption can provide much-needed relief for homeowners who are facing financial hardship due to disability-related expenses.
- Homeowners who have suffered damage to their property due to a qualified disaster may be eligible for a Floater exemption.
- This exemption is not tied to a specific amount and varies based on the level of damage incurred.
- Homeowners must provide proof of damage to their property to be considered for this exemption.
Conservation Use Valuation
- This exemption is available to owners of agricultural, timber, and environmentally sensitive land.
- The exemption amount varies based on the use of the land, and homeowners must provide proof of their land's use to be considered for this exemption.
- This exemption can provide significant tax relief for homeowners who utilize their land for conservation purposes.
By taking advantage of these county-specific Homestead exemptions and deductions, Gwinnett County residents can save money on their property taxes and reduce their financial burden.
When is Gwinnett County Property Tax due ?
Gwinnett County Property Tax is typically due on December 1st of each year. The county sends out bills in October and payment must be made by the due date to avoid penalties and interest fees. There are several payment methods available for Gwinnett County Property Tax, including:
|Taxpayers can pay their property tax online through the county's website using a credit card, debit card, or electronic check.
|Taxpayers can mail in their payment by sending a check or money order to the Gwinnett County Tax Commissioner's office.
|Taxpayers can make a payment in-person at the Gwinnett County Tax Commissioner's office, located at 75 Langley Drive in Lawrenceville, GA. Payments can be made using cash, check, credit card, or money order.
It is important for taxpayers to remember to pay their property taxes on time to avoid any penalties and interest fees. Failure to pay property tax can result in the property being sold at a tax sale, so it is important to stay up-to-date on these payments.
If you have more questions - contact your local tax collector.
How is Gwinnett County Property Tax penalty calculated ?
Gwinnett County, like many other counties across the United States, applies penalties for late payment of property taxes. Here is how the Gwinnett County Property Tax penalty is calculated:
Due Date: Property taxes in Gwinnett County are due on October 15th of each year. If payment is not received by the due date, a 5% penalty is added to the outstanding balance.
First Penalty: If the taxes remain unpaid on December 1st, an additional 5% penalty is added to the balance, bringing the total penalty to 10%.
Second Penalty: If the taxes remain unpaid on January 2nd of the following year, a final penalty of 10% is added to the balance, bringing the total penalty to 20%.
For example, if a property owner owed $2,000 in property taxes for the year 2021 and failed to make payment by October 15th, they would be charged a penalty of $100 (5% of $2,000) on top of their original balance. If payment was still not received by December 1st, an additional $100 penalty (5% of $2,000) would be added to the outstanding balance, bringing the total penalty to $200 (10% of $2,000). If payment was not received by January 2nd of the following year, a final $200 penalty (10% of $2,000) would be added to the balance, bringing the total penalty to $400 (20% of $2,000).
It is important for property owners in Gwinnett County to pay their property taxes on time to avoid these penalties. Additionally, failure to pay property taxes can result in liens being placed on the property and even foreclosure.
We recommend contacting the Gwinnett County Tax Office or a local tax professional for the most up-to-date and accurate information.