Toccoa, Franklin County, Georgia Property Taxes

Name: Property Tax Bills Across Toccoa, Franklin County, Georgia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Toccoa, GA effective property tax rate: 0.97%, significantly lower than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Toccoa, GA home value: $103,625
Median annual Toccoa, GA tax bill: $857, $1,543 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

Property taxes in Toccoa, 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 Toccoa’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Toccoa, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Toccoa, Franklin County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.97%

Estimate Property Tax Bill

$1,005

$933

Ownwell’s Toccoa Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Toccoa with just two data points.

By entering your property's estimated assessed value, our calculator applies Toccoa’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Franklin County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Toccoa, Franklin County, Georgia

Local government entities determine property tax rates, which can vary significantly within a state. This variation is due to each county's annual estimation of its budgetary needs to provide essential services, which is then divided by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While the process involves votes and legislative measures to set tax rates and budgets, this is the core annual procedure. You can compare Toccoa’s effective property tax rate to other cities in Georgia, as well as the median property tax rates in Georgia and the U.S. Toccoa, located in Franklin County, has a median property tax rate of 0.97%, which is slightly below the national median of 1.02%. This lower rate can be an attractive factor for property owners when compared to the national median property tax bill of $2,400. Understanding these rates can help property owners make informed decisions about their investments and potential appeals.

Property Tax Rates Across Toccoa, Franklin County, Georgia

Source: Ownwell

0.93%

0.98%

1.03%

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 Toccoa Tax Rate

0.97%

Median Effective Franklin County Tax Rate

1.03%

Median Effective Georgia Tax Rate

1.08%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Toccoa, Franklin County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
30577	0.44%	0.74%	0.97%	1.03%	1.03%

Source: Ownwell

Property Tax Assessment Values Across Toccoa, Franklin County, Georgia

When examining property taxes in Toccoa, 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 Franklin 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. Assessment notices: In Franklin 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 Toccoa. For example, the median home price in Toccoa is $103,625, with tax bills ranging significantly across the county. Zip code 30577 has the highest median home price at $103,625.

Property Tax Assessment Values Across Toccoa, Franklin County, Georgia

Source: Ownwell

$97,612

$132,215

$166,817

Median Toccoa Market Value

$103,625

Median Franklin County Market Value

$136,560

Median Georgia Market Value

$231,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Toccoa, Franklin County, Georgia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
30577	$21,525	$39,076	$103,625	$213,459	$339,493

Source: Ownwell

Property Tax Bills Across Toccoa, Franklin County, Georgia

In Toccoa, located in Franklin County, GA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, which is influenced by factors such as location, property size, and improvements. Toccoa's median property tax bill is $857, significantly lower than the national median of $2,400. However, even with lower tax rates, homeowners can still benefit from understanding how their tax bill is calculated and exploring potential savings. With tax bills ranging from $320 at the 25th percentile to $2,619 at the 90th percentile, there is a substantial variation that can impact homeowners' finances. Ownwell can assist homeowners by evaluating their property tax assessments and identifying opportunities for appeals or exemptions. By leveraging expert knowledge and local insights, Ownwell helps ensure that homeowners in Toccoa are not overpaying, potentially leading to significant savings on their property tax bills.

Property Tax Bills Across Toccoa, Franklin County, Georgia

Source: Ownwell

$857

$1,246

$1,634

Median Toccoa Tax Bill

$857

Median Franklin County Tax Bill

$1,238

Median Georgia Tax Bill

$2,212

Median United States Tax Bill

$2,400

Property Tax Bills Across Toccoa, Franklin County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
30577	$197	$320	$857	$1,632	$2,619

Source: Ownwell