Example of Wilcox County Property Tax Calculation
Wilcox County calculates property taxes based on the value of the property. For example, if a property is valued at $100,000, the property tax rate in Wilcox County is 1.85%, and there are no exemptions or deductions, then the property owner will owe $1,850 in property taxes for that year.
The county assesses the value of the property every year on January 1st, and the property owner will receive a notice of the assessed value. If the property owner believes the assessed value is incorrect, they can appeal the assessment.
Property taxes are used to fund local services such as schools, police and fire departments, roads, and parks. Wilcox County property taxes are due annually on October 1st, and the county offers several payment options, including online, by mail, or in person.
It is important for property owners in Wilcox County to keep an eye on changes in the property value and tax rates, as these can affect their tax bill.
If you want appeal your property tax assessment - contact your local tax assessor.
Wilcox County Property Tax Rates
The table below lists the Wilcox County Property Tax rates, expressed as the rate per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General Fund | $0.20 |
| County Schools | $0.30 |
| County Fire Protection | $0.05 |
| County Garbage | $0.07 |
| County Library | $0.03 |
| Municipalities | Varies by location |
Please note that the municipal tax rates may vary depending on the location within Wilcox County. It is always a good idea to consult with a certified tax professional for any specific questions regarding property taxes.
Who sets property tax rates in Wilcox County ?
Who Sets Property Tax Rates in Wilcox County?
The property tax rates in Wilcox County are set by the Wilcox County Board of Commissioners. This governing body determines the tax rates annually during the budget process.
The Wilcox County Board of Commissioners works closely with the County Tax Assessor's office to determine the assessed value of each property, which is used to calculate the property tax.
It is essential to note that property tax rates may vary depending on the location and the type of property. The County Board of Commissioners ensures that the property tax rates are fair and equitable for all property owners in Wilcox County.
Property taxes in Wilcox County are due on December 31st of each year, and failure to pay them results in penalties and interest charges. Property owners are advised to consult with a tax advisor to determine the best strategy to minimize their tax liabilities.
Homestead exemptions in Wilcox County ?
In Wilcox County, Georgia, there are some county-specific homestead exemptions and deductions available to eligible homeowners. Here's all the information you need to know:
Exemptions
- Basic homestead exemption: Provides a $2,000 exemption from county taxes. To be eligible, the homeowner must be at least 62 years old or totally and permanently disabled.
- Senior citizens exemption: Offers a $10,000 exemption from county taxes. To be eligible, the homeowner must be at least 65 years old and have at least $10,000 income.
- Disability exemption: Offers a $2,000 exemption from county taxes to homeowners with a permanent and total disability. The homeowner must have a physician's certificate to prove the disability.
Deductions
- School tax deduction: Homeowners with a child attending a public school in Wilcox County are eligible for a $10,000 deduction from county taxes.
- Veterans exemption: Veterans or their surviving spouse are eligible for a $2,000 exemption from county taxes. The veteran must have served during wartime and have been discharged honorably.
- Conservation use assessment: This is a program that allows the owner of 10 or more acres of land to have the property assessed based on its use in conservation, rather than market value.
Notes
- To be eligible for any of these exemptions or deductions, the homeowner must have a valid homestead exemption on their property.
- Homeowners can only apply for one exemption or deduction per year.
- To apply for any of these exemptions or deductions, homeowners must file an application with the county tax assessor's office.
These exemptions and deductions are a great way for eligible homeowners to save money on their county taxes in Wilcox County, Georgia.
When is Wilcox County Property Tax due ?
Wilcox County Property Tax is typically due on October 1st of each year. Property owners have until December 31st to pay their taxes before they are considered delinquent.
There are several payment methods available for Wilcox County Property Tax. These include:
| Payment Method | Description |
|---|---|
| In person | Property owners can pay their taxes in person at the Wilcox County Tax Commissioner's Office located at 103 N Broad Street, Abbeville, GA 31001. Cash, check, and money order are accepted. |
| Online | Property owners can pay their taxes online through the Wilcox County Tax Commissioner's website. Payment can be made using a debit card, credit card, or e-check. |
| Property owners can mail their payment to the Wilcox County Tax Commissioner's Office at P.O. Box 68, Abbeville, GA 31001. Checks and money orders are accepted. |
It is important to note that if property owners choose to pay online or by mail, they should allow ample time for the payment to be received and processed before the December 31st deadline. Late payments will result in penalties and interest fees.
If you have more questions - contact your local tax collector.
How is Wilcox County Property Tax penalty calculated ?
Wilcox County calculates the property tax penalty by adding a percentage of the unpaid tax balance for each month past the due date. The penalty is 1% of the unpaid tax balance for the first month and an additional 1% for each subsequent month until the tax is paid in full.
To make it easier to understand, here is an example:
| Month Past Due Date | Unpaid Tax Balance | Penalty |
|---|---|---|
| 1 | $2,000 | $20 |
| 2 | $2,000 | $40 |
| 3 | $2,000 | $60 |
| 4 | $2,000 | $80 |
| 5 | $2,000 | $100 |
If a property owner in Wilcox County does not pay their $2,000 property tax by the due date and it becomes 5 months past due, they will owe a total of $2,200 ($2,000 in unpaid tax balance and $200 in penalties).
It is important to note that the penalty is applied to the unpaid tax balance only and not to any interest charged on the balance. The interest rate for unpaid property taxes in Wilcox County is 12% per year.
We recommend contacting the Wilcox County Tax Office or a local tax professional for the most up-to-date and accurate information.