Property Taxes in Georgia
Georgia's effective property tax rate is 0.77%, ranking #23 out of 50 states (1 = lowest). The median annual property tax paid is $2,006.
Georgia assesses property at 40% of fair market value, with local millage rates varying by county, school district, and special district. The state offers a homestead exemption that varies by county — Fulton County's basic homestead exemption is $30,000 off the assessed value for county taxes. A statewide $2,000 homestead exemption applies to state taxes. Georgia also offers additional exemptions for seniors, veterans, and disabled homeowners that can significantly reduce or eliminate property tax obligations.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Tax Foundation, U.S. Census
Tax Rate
0.77%
Median Annual Tax
$2,006
National Rank
#23 of 50
1 = lowest
Homestead Exemption
Yes
Annual Property Tax by Home Price
| Home Price | Annual Tax | Monthly |
|---|---|---|
| $200,000 | $1,540 | $128 |
| $300,000 | $2,310 | $193 |
| $400,000 | $3,080 | $257 |
| $500,000 | $3,850 | $321 |
| $750,000 | $5,775 | $481 |
* Based on the average effective rate of 0.77%. Actual rates vary by county and municipality.
Homestead Exemption in Georgia
Up to $21,500
File for the homestead exemption after purchasing your primary residence in Georgia to reduce your assessed property value, lowering your annual tax bill. Contact your county assessor's office for the application.
How Georgia Compares
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