Georgia · County property tax · ACS 2024
Banks County Property Taxes
The median homeowner in Banks County pays $1,663 a year, an effective rate of 0.60%, notably lower than the U.S. average.
- $1,663
- Median tax / yr · Above-median bill
- 0.60%
- Effective rate · Below-median rate
- -17%
- vs U.S. average
- #148 of 158
- rank in GA
The verdict
Homeowners in Banks County pay a median $1,663 a year in property tax, an effective rate of 0.60%, more affordable than 71% of U.S. counties (Census ACS 2024).
- $1,663
- Median annual tax bill, 2024
- 0.60%
- Effective rate on median home
- #895 of 3135
- U.S. counties by tax burden
- -17%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($278,100). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Tax affordability score · Banks County, GA
53/100
5 ACS dimensions · release 2024
Comparative score against U.S. county percentiles on Census ACS medians (effective rate, bill, income share, mortgage gap, home-value/income). Higher means more affordable on those published medians, not a recommendation to buy, sell, appeal, or move, and not your personal tax bill. Missing inputs drop out and redistribute weight. How it is calculated.
Banks County's effective rate vs U.S. county percentiles (ACS 2024)
Median tax as a share of Banks County's median household income
Banks County's median annual property-tax bill vs U.S. counties
Median home value relative to Banks County's median income
Mortgaged vs free-and-clear median bill gap in Banks County
Read the chart values
- Rate relief: 72/100 (B) · 0.60%
- Income room: 61/100 (C+) · 2.2%
- Bill size: 49/100 (D) · $1,663/yr
- Housing pressure: 27/100 (F) · 3.61×
- Mortgage premium: 22/100 (F) · +$639
Track this county alongside up to five others. Saved figures refresh when the annual source data changes.
Census Bureau ACS property tax data for Georgia. Population: 19,264. Owner-occupied homes: 5,397.
The median annual property tax in Banks County is $1,663, which is 29% lower than the Georgia state average and 17% below the national average. The effective tax rate is 0.60% on a median home value of $278,100. Property taxes represent 2.2% of the median household income in this county.
What This Data Tells Us About Banks County
Primary signal
High among Georgia counties by effective rate
Banks County ranks #148 of 158 counties in Georgia by effective rate (6% of in-state counties pay a lower rate).
Decision signal 2
The bill sits below the Georgia median
Homeowners in Banks County pay a median annual property tax of $1,663, notably lower than the national median and well below the Georgia state median. On a $278,100 median home, that works out to an effective rate of 0.60% once the local assessment base and millage are combined.
Decision signal 3
The effective rate sits near the national middle
Banks County's 0.60% effective rate sits near the middle of 3,135 tracked counties (more affordable than 71%).
Decision signal 4
Income and the tax bill sit in the middle band
Property taxes in Banks County run within the commonly cited 2%-4% national benchmark, at about 2.2% of the $77,063 median household income.
This page is for informational purposes only and is not tax, legal, or financial advice. Figures describe the median homeowner household in Banks County as reported to the Census Bureau, your own bill can differ based on your parcel's assessed value, exemptions, special districts, and municipal overlays. Always consult your county assessor, tax collector, or a qualified professional before making decisions that depend on these numbers.
The rate gave way faster than almost anywhere
Between the 2020 and 2024 releases the median home value in Banks County rose 69.1%, from $164,500 to $278,100. The effective rate fell 21.0% over the same span, a steeper move than in 85% of U.S. counties.
The median bill still rose 33.6%, to $1,663. Where the rate drops this far and the bill rises anyway, what changed is the value the rate is applied to.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
The bill here climbed steeply over 2020-2024, up 34% from $1,245 to $1,663. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.
The plurality of owner-occupied homes here falls in the $2,000 to $2,999 band, at 1,291 of 5,397 (23.9%). This shows the reported distribution around the county median, while individual assessments can vary.
Top-quartile earnings meet a below-median rate, putting the median bill at 2.2% of median household income. Counties in this position span a wide range on the ratio above, because the dollar bill tracks home values rather than the rate.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Banks County Homeowners Actually Pay
The single largest group of Banks County homeowners, 1,291 of 5,397 owner-occupied homes (23.9%), pays $2,000 to $2,999 a year. The median is one point in this spread, not a typical bill.
- Less than $800 19.4% (1,045)
- $800 to $1,499 22.5% (1,216)
- $1,500 to $1,999 15.6% (843)
- $2,000 to $2,999 23.9% (1,291)
- $3,000 or more 12.6% (678)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
324 homes here (6.0%) report no real estate tax at all. Exemptions are set by state: how Georgia handles assessments and appeals.
With vs Without Mortgage
Mortgaged homeowners in Banks County pay a substantially higher bill, 52% more, pointing to a wide home-value gap between the two groups.
How Banks County compares
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Banks County's effective rate is higher than 6% of the 158 counties in Georgia - ranking #148 of 158 for property tax burden.
Where Banks County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.60% Among the most affordable more affordable than 71% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
What changed since 2020
The median bill in Banks County moved from $1,245 in the 2020 release to $1,663 in 2024, a change of about 34%. These are American Community Survey 5-year estimates compared across releases that share only one sample year, which is why this page never compares consecutive releases: those overlap in four years of the same households and move mostly on sampling.
Banks County vs Benchmarks
| Metric | Banks County | Georgia Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Above-median bill | |||
| Effective Tax Rate Below-median rate | |||
| Median Home Value | |||
| Tax as % of income Below-median income burden | 2.2% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Banks County stamps QUIET · MID - still check the parcel card
On Banks County's published figures (QUIET · MID), a $278,100 median home carries a $1,663 median bill, so every 10% off an assessed value is worth about $166 a year at the same rate. Whether an appeal is worth filing depends on your own parcel. Use our free Appeal Savings Estimator to run your own numbers, then read our step-by-step appeal guide for the procedure in Georgia.
Property Tax History · QUIET · MID
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,663 +4.9% | 0.60% |
| 2023 | $1,586 +11.1% | 0.63% |
| 2022 | $1,428 +7.9% | 0.62% |
| 2021 | $1,324 +6.3% | 0.75% |
| 2020 | $1,245 | 0.76% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Tax Burden
Tax Affordability Score
An effective rate well below the national average of 0.92% puts Banks County in the "Very Affordable" band for property tax burden.
How this score is calculated: a 1-10 scale derived mechanically from the ratio of this county's effective rate to the national average effective rate (0.92%) - a ratio at or below 0.5× scores 10, a ratio at or above 2.0× scores 1, with a linear scale between. It is a factual comparison of Census figures only, not a recommendation, quality rating, or endorsement of Banks County or any other county.
Counties with similar tax profiles
On effective rate, Banks County sits nearest Broomfield County (CO), Ashley County (AR), Cochise County (AZ).
On published median-tax change, the nearest matches are White County (IL), Conejos County (CO), Whitley County (IN).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
What tax filers report in Banks County
Of the 8,600 federal returns filed from Banks County in 2022, 450 (5.2% of filers) itemised and reported real estate taxes on Schedule A, averaging $3,469 each. The largest group was filers with adjusted gross income of $100-200k, who accounted for 38% of the county's reporting returns.
Two things this does not say. The amount is what filers reported, recorded before the $10,000 cap on combined state and local tax deductions applies, so it is not the amount deducted. And the share is of everyone who files a return, not of homeowners: most filers now take the standard deduction, so a minority itemise at all. Source: IRS Statistics of Income county data, tax year 2022.
Other Counties in Georgia
Frequently Asked Questions
How does Banks County property tax compare to the national average? ▼
Are property taxes increasing in Banks County? ▼
What percentage of income goes to property taxes in Banks County? ▼
What is the average property tax in Banks County, Georgia? ▼
What is the tax affordability score for Banks County? ▼
What to do with Banks County's numbers
- Inside Georgia, Banks County's $1,663 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. Georgia overview →
- Banks County ranks #148 of 158 Georgia counties by effective rate - on the lower-burden half of the state ACS set. Georgia overview →
- If Banks County's assessment looks high versus the $278,100 typical home, check Georgia's filing window and evidence rules before the notice deadline passes. How to appeal →
Effective-rate definition
Effective rate is the county median tax divided by the county median home value ($278,100); your parcel's assessed value, exemptions, and local levies determine your actual bill. U.S. Census Bureau ACS · 2024.
Nationwide peers by effective rate & median bill
Two PlainPropertyTax-derived comparison paths for Banks County, both outside Georgia so the link neighborhoods are not the same-state geography lattice. Axes stay disjoint: median-bill peers exclude the effective-rate peer set.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.60%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,663/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Banks County
Nearest ABS(median_tax) ACS peers for Banks County (QUIET · MID), replacing the old fixed Keep exploring strip.
QUIET MID
Granville County, NC
ABS(median_tax) peer · $1,664/yr (near-tied bill ABS $1); rate 0.67% vs Banks County 0.60%.
Lincoln County, WY
ABS(median_tax) peer · $1,664/yr (near-tied bill ABS $1); rate 0.45% vs Banks County 0.60%.
Adams County, IA
ABS(median_tax) peer · $1,661/yr (near-tied bill ABS $2); rate 1.26% vs Banks County 0.60%.
Dunn County, ND
ABS(median_tax) peer · $1,665/yr (near-tied bill ABS $2); rate 0.61% vs Banks County 0.60%.
Georgia county set
State ACS overview for every published Georgia county rate and median bill.
Assessment cycle basics
Banks County stamps QUIET · MID - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.
Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.
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Editorial standards and provenance
PlainPropertyTax is rendered directly from the U.S. Census Bureau's American Community Survey (ACS) 5-year estimates, no number is typed in by an editor. This page draws directly on the Census ACS county-level record for Banks County. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-09.