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Property Taxes in Georgia

Effective Rate

Georgia's average effective property tax rate is low-to-moderate and sits at or below the national average, though exact figures vary by source/methodology. SmartAsset puts Georgia's effective rate at 0.74%; TaxByCounty reports 0.85%; other trackers cite figures around 0.79%–1.00%. The commonly-cited national average effective rate is roughly 0.90%–1.1% (often rounded to ~0.99%-1.0% in comparative studies), so Georgia generally lands at or modestly below the U.S. average. Rates vary enormously by county — from about 0.35% in Fannin County up to roughly 1.7% in Stewart County — reflecting Georgia's decentralized, county-by-county assessment and millage-rate system (all real property is assessed at 40% of fair market value, then taxed via local millage rates set by counties, school districts, and cities).

Example: Estimates of Georgia's median annual property tax bill range from about $1,529 to $2,554 depending on the source (SmartAsset: $2,554, roughly $660 below the national median of $3,211; other trackers cite $1,529–$2,476). For context on county variation: Gwinnett County's median bill is around $4,650 and Fulton County's is around $3,847, while low-tax rural counties like Wheeler County or Chattahoochee County have median bills of only about $529–$562 — illustrating how much local millage rates and home values drive the real-world number more than any single "statewide" figure.

Exemptions

Standard Homestead Exemption (State)
Amount: $2,000 deducted from the 40% assessed value
Applies to county and school taxes on an owner-occupied primary residence; must file with the county tax assessor's office by the April 1 deadline. Many counties/cities also layer on their own larger local homestead exemptions on top of this state minimum.
Senior School Tax Exemption (Age 62+)
Amount: Up to $10,000 of assessed value exempted from school taxes
Available to homeowners 62 or older whose net income (or combined net income with spouse, excluding certain retirement/Social Security income) does not exceed $10,000/year; some counties offer more generous senior exemptions (including full school tax exemptions at higher ages).
HB 581 Statewide Floating Homestead Exemption (2025-2029)
Amount: Caps taxable value growth at the rate of inflation (CPI) each year
Took effect January 2025; local governments (counties, school districts, cities) could opt out annually through March 1 each year 2025-2029. For 2026, most large metro counties/school systems (Fulton, Gwinnett, Cobb, DeKalb, Chatham) opted out, while roughly two-thirds of Georgia's counties (mostly rural, about 65% of counties but only ~17% of the population) remain opted in. Bills in opted-out jurisdictions must carry a notice disclosing the opt-out.

Figures vary meaningfully by source because outlets use different data years, weighting (population vs. simple county average), and definitions of "effective rate." Because of Georgia's 2025 property tax overhaul (HB 581), the actual exemption/cap a homeowner benefits from now depends heavily on whether their specific county AND school district opted in or out of the floating homestead exemption by the March 1 deadline — this makes "the Georgia homestead exemption" a locally variable answer rather than one uniform statewide number, so homeowners should verify their county's and school district's 2026 opt-in/opt-out status directly with their county tax assessor.

Facts on this page reflect research current as of 2026-07-05. Programs, rates, and laws change — confirm current figures with the relevant state agency before relying on them.

Related Resources
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