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South Gwinnett News

Saturday, November 23, 2024

Analysis: Gwinnett County effective property tax rate were lighter than the national average in Q1 2022

Re 9

Property owners in Gwinnett County paid 0.8% of the value of their homes in property taxes in the first quarter of 2022, which is less than 0.8 times the national average, according to the real estate analysis posted by the South Gwinnett News.

The median sales price of a Gwinnett County home in the first quarter of 2022 was $383,000, based on data from the 3,546 properties sold during that time. In 2021 the median tax bill for the county was $3,212, which is 0.8% of the median value of the homes that were taxed.

This is 0.8 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Gwinnett County real estate data showed homeowners in seven cities paid the highest tax rate of 1%.

The following table compares Dacula with some other cities belonging to Gwinnett County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2022.

CityQ1 2022 SalesQ1 2022 Median PriceMedian tax 2022Effective tax rate
Dacula68$368,248$3,5261%
Sugar Hill126$409,603$3,9151%
Braselton34$362,799$3,7831%
Peachtree Corners128$483,000$4,8611%
Grayson37$439,000$4,3231%
Mountain Park63$316,000$3,0991%
Berkeley Lake14$577,500$5,7041%
Suwanee135$442,045$4,0640.9%
Duluth177$368,900$3,2440.9%
Snellville183$330,000$2,5180.8%
Loganville24$327,800$2,5530.8%
Lawrenceville125$326,000$2,5060.8%
Lilburn70$345,790$2,5240.7%
Norcross94$384,150$2,7020.7%
Auburn2$607,336$3,2810.5%
Buford82$387,500$1,3330.3%

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