Georgia (GA) property tax rate: 0.87% | Median home: $335,000 | Median annual tax: $2,915
Georgia is the economic engine of the Southeast. The average effective property tax rate in Georgia is 0.87%, which is near the national average of 1.1%.
On the median Georgia home valued at $335,000, annual property taxes come to approximately $2,915 or $243/month. This is a significant part of your total housing cost and should be factored into any home purchase budget.
Pro tip: Georgia offers a homestead exemption of $2,000 off assessed value for qualified residents.
Combined with Georgia's state income tax rate of 5.49%, homeowners should consider the total tax picture. Property taxes in Georgia are manageable and in line with regional averages.
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Georgia has an average effective property tax rate of 0.87%. On the median home value of $335,000, that equals approximately $2,915 per year or $243 per month.
Property taxes in Georgia are calculated by multiplying your home assessed value by the local tax rate. The assessed value may differ from market value depending on your county assessment ratio. Exemptions like homestead exemptions can reduce your taxable value.
Georgia offers a homestead exemption of $2,000 off assessed value for qualified residents.
Georgia property taxes are near the national average of 1.1%. This means property tax costs are predictable and in line with most states.
Property tax due dates vary by county in Georgia. Most counties offer semi-annual payments. Check with your county tax assessor office for specific due dates. Late payments typically incur penalties of 1-2% per month.