Gillsville, Banks County, Georgia Property Taxes
Median Gillsville, GA effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Gillsville, GA home value: $213,936
Median annual Gillsville, GA tax bill: $1,574, $826 lower than the national median property tax bill of $2,400.
How are property taxes in Banks County calculated?
Property taxes in Gillsville, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Gillsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gillsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gillsville, Banks County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$1,647
$1,529
Property Tax Rates Across Gillsville, Banks County, Georgia
Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Gillsville’s effective property tax rate to other cities in Georgia and the median property tax rates in Georgia and the U.S.
In Gillsville, located in Banks County, the property tax rates reflect the county’s budgetary needs and the total taxable property value. The effective property tax rate in this area is 0.77%, which is below the national median of 1.02%. This lower rate can be an attractive factor for potential homeowners or investors looking for opportunities in the region. When comparing within Georgia, Gillsville's rate aligns with the state’s median, providing a consistent tax environment for residents. Understanding these rates can help property owners make informed decisions about buying, selling, or appealing their property taxes.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Gillsville Tax Rate
0.77%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Banks County Tax Rate
0.79%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gillsville, Banks County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30543 | 0.36% | 0.58% | 0.77% | 0.90% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Gillsville, Banks County, Georgia
When examining property taxes in Gillsville, Georgia, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Banks County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Banks County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Gillsville. For example, the median home price in Gillsville is $213,936, with tax bills ranging significantly across the county. Zip code 30543 has the highest median home price at $213,936.
Property Tax Assessment Values Across Gillsville, Banks County, Georgia
Source: Ownwell
$119,556
$168,092
$216,628
Median Gillsville Market Value
$213,936
Median Banks County Market Value
$198,598
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gillsville, Banks County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30543 | $76,703 | $127,450 | $213,936 | $303,867 | $440,912 |
Source: Ownwell
Property Tax Bills Across Gillsville, Banks County, Georgia
Median Gillsville Tax Bill
$1,574
Median Banks County Tax Bill
$1,442
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Gillsville, Banks County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30543 | $409 | $809 | $1,574 | $2,367 | $3,084 |
Source: Ownwell