Quantcast

North Gwinnett News

Monday, October 14, 2024

Gwinnett County effective property tax rate in Q3 2022 was lower than the national average

Re 7

Property owners in Gwinnett County paid 0.8% of the value of their homes in property taxes in the third quarter of 2022, which is less than 0.7 times the national average, according to the real estate analysis posted by the North Gwinnett News.

The median sales price of a Gwinnett County home in the third quarter of 2022 was $397,000, based on data from the 3,183 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 0.7 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 Auburn, Dacula, and Peachtree Corners paid the highest rates.

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

CityQ3 2022 SalesQ3 2022 Median PriceMedian tax 2022Effective tax rate
Auburn1$300,000$3,2811.1%
Dacula37$344,900$3,5261%
Peachtree Corners126$500,000$4,8611%
Suwanee116$457,750$4,0640.9%
Grayson25$500,000$4,3230.9%
Mountain Park54$345,500$3,0990.9%
Berkeley Lake17$630,000$5,7040.9%
Sugar Hill139$472,700$3,9150.8%
Norcross75$330,000$2,7020.8%
Duluth132$400,000$3,2440.8%
Doraville4$418,750$3,5580.8%
Snellville157$350,000$2,5180.7%
Lilburn61$365,000$2,5240.7%
Loganville33$380,000$2,5530.7%
Braselton41$524,500$3,7830.7%
Lawrenceville107$350,000$2,5060.7%
Buford67$396,000$1,3330.3%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS