$
Annual Tax
$1,529
0.79%
Effective Rate
Monthly Tax
$127
Assessed Value
$79,409
Taxable Value
$77,409
Summary
A $198,523 home in Georgia has an estimated annual property tax of $1,529 (0.79% effective rate), with homestead exemption applied.
Georgia's 0.79% effective property tax rate ranks #25 nationally (1 = highest).
Georgia offers a $2,000 homestead exemption off assessed value. This saves you approximately $40/year.
Georgia assesses property at 40.0% of market value.
Your estimated monthly property tax is $127.
Taxable Assessed: $77,409
Property Tax Calculation Breakdown
7 rows
| Step | Amount |
|---|---|
| Home Market Value | $198,523 |
| × Assessment Ratio (40.0%) | $79,409 |
| − Homestead Exemption | −$2,000 |
| = Taxable Value | $77,409 |
| × Tax Rate (1.9750%) | |
| = Annual Property Tax | $1,529 |
| ÷ 12 = Monthly Tax | $127 |
Property tax rates are statewide average effective rates based on 2025 data from the Tax Foundation and ACS. Actual taxes vary significantly by county, city, and school district. Contact your local assessor for exact figures. Not tax advice.