Banks County, Georgia property tax
The median homeowner in Banks County, Georgia pays $1,586 a year in property tax on a home worth $251,700, an effective rate of 0.63%. The national effective rate is 0.98%.
What the rate means here
At 0.63%, Banks County taxes property more lightly than the national 0.98%. The bill works out at $1,586 a year. Low-rate counties usually have another revenue source doing the work, whether that is a state funding formula, sales tax or severance revenue from extraction.
It ranks #142 of 150 Georgia counties by effective rate, against a statewide 0.81%, and #1,973 nationally. The state runs from 1.40% in Clinch County down to 0.35% in Fannin County.
The median home costs 3.66 times the median household income of $68,830, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. This is a small rural county of 18,757 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Banks County | Georgia | United States | |
|---|---|---|---|
| Effective property tax | 0.63% | 0.81% | 0.98% |
| Median tax bill | $1,586 | $2,214 | $2,969 |
| Median home value | $251,700 | $272,900 | $303,400 |
| Median gross rent | $788 | $1,306 | $1,348 |
| Median household income | $68,830 | $74,664 | $78,538 |
| Home price to income | 3.66× | 3.66× | 3.86× |
| Rent as share of income | 13.74% | 20.99% | 20.6% |
| Owner-occupied | 76.69% | 65.36% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 18,757.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Appling County | 0.85% | $689 | $81,400 |
| Lamar County | 0.95% | $1,910 | $201,400 |
| Berrien County | 0.99% | $1,139 | $115,200 |
| Brantley County | 1.12% | $1,028 | $91,800 |
| Pike County | 0.92% | $2,456 | $265,700 |
Banks County property tax: common questions
What is the property tax rate in Banks County, Georgia?
The effective rate is 0.63% of home value, from a median tax bill of $1,586 against a median home value of $251,700. That is 0.35 points below the national 0.98%.
How much is property tax on a $400,000 home in Banks County?
Roughly $2,520 a year at the county effective rate of 0.63%.
Is Banks County expensive compared with the rest of Georgia?
It ranks #142 of 150 Georgia counties by effective property tax rate, and #1973 of 2,826 nationally. That is 0.18 points below the Georgia average of 0.81%.
What does housing cost in Banks County?
The median home is worth $251,700 and median gross rent is $788 a month. Median household income is $68,830, which puts the home at 3.66 times annual income and rent at 13.74% of it.