Homer, Banks County, Georgia Property Taxes
Median Homer, GA effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Homer, GA home value: $212,454
Median annual Homer, GA tax bill: $1,495, $905 lower than the national median property tax bill of $2,400.
How are property taxes in Banks County calculated?
Property taxes in Homer, 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 Homer’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Homer, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Homer, Banks County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$1,657
$1,538
Property Tax Rates Across Homer, Banks County, Georgia
Local government entities are responsible for setting property tax rates, which can vary significantly within Georgia. Each year, counties like Banks estimate their required budget for services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the process followed annually.
In Homer, located in Banks County, the effective property tax rate is 0.78%, which is notably lower than the national median property tax rate of 1.02%. This difference can lead to substantial savings for homeowners in Homer compared to the national average. When comparing Homer’s property tax rate to other cities in Georgia, it stands out for its affordability. The median property tax rate in Georgia is also 0.78%, aligning with Homer’s rate, offering a consistent tax experience for residents. These lower rates can be particularly appealing for potential homeowners looking to save on property taxes while enjoying the benefits of living in Georgia.
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 Homer Tax Rate
0.78%
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 Homer, Banks County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30547 | 0.33% | 0.58% | 0.78% | 0.86% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Homer, Banks County, Georgia
When examining property taxes in Homer, GA, 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 Homer. For example, the median home price in Homer is $212,454, with tax bills ranging significantly across the county. ZIP code 30547 has the highest median home price at $212,454.
Property Tax Assessment Values Across Homer, Banks County, Georgia
Source: Ownwell
$119,556
$168,092
$216,628
Median Homer Market Value
$212,454
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 Homer, Banks County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30547 | $78,435 | $123,887 | $212,454 | $322,698 | $472,130 |
Source: Ownwell
Property Tax Bills Across Homer, Banks County, Georgia
Median Homer Tax Bill
$1,495
Median Banks County Tax Bill
$1,442
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Homer, Banks County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30547 | $363 | $822 | $1,495 | $2,320 | $3,450 |
Source: Ownwell