Banks County, Georgia Property Taxes
Census Bureau ACS property tax data for Georgia. Population: 5,205.
The median annual property tax in Banks County is $1,586, which is 4% higher than the Georgia state average and 18% below the national average. The effective tax rate is 0.63% on a median home value of $251,700. Property taxes represent 2.3% of the median household income in this county.
Median Annual Tax
$1,586
+4% vs State
-18% vs US
Median Home Value
$251,700
+39% vs State
+19% vs US
Effective Tax Rate
0.63%
-30% vs State
-34% vs US
With vs Without Mortgage
With Mortgage
$1,777
$148/mo
Without Mortgage
$1,228
$102/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,586 +11.1% | 0.63% |
| 2022 | $1,428 +7.9% | 0.62% |
| 2021 | $1,324 +6.3% | 0.75% |
| 2020 | $1,245 +9.2% | 0.76% |
| 2019 | $1,140 | 0.75% |
Tax Burden
Tax-to-Income Ratio
2.3%
of median household income
Median Income
$68,830
per year
Monthly Tax
$132
per month
Other Counties in Georgia
Bleckley County
Tax: $1,438/yr Rate: 1.08%
Pierce County
Tax: $1,209/yr Rate: 0.92%
Appling County
Tax: $689/yr Rate: 0.85%
Gwinnett County
Tax: $3,381/yr Rate: 0.98%
Coffee County
Tax: $1,014/yr Rate: 0.81%
Gordon County
Tax: $1,450/yr Rate: 0.71%
Frequently Asked Questions
What is the average property tax in Banks County, Georgia? ▼
The median annual property tax in Banks County is $1,586 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.63% on a median home value of $251,700.
How does Banks County property tax compare to the national average? ▼
Property taxes in Banks County are 18% below the national average of $1,923. The effective rate of 0.63% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Banks County? ▼
In Banks County, homeowners with a mortgage pay a median of $1,777 in annual property taxes, while homeowners without a mortgage pay $1,228. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Banks County? ▼
Property taxes in Banks County represent approximately 2.3% of the median household income of $68,830. The national benchmark is generally 2-4% of household income.
Explore More Data
Data 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.