Putnam County, Georgia Property Taxes

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

Median Putnam County effective property tax rate: 0.75%, significantly lower than the national median of 1.02%.
Median Putnam County home value: $222,449
Median annual Putnam County tax bill: $1,336, $1,064 lower than the national median property tax bill of $2,400.

How are property taxes in Putnam County calculated?

Property taxes in Putnam County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Eatonton or another part of Putnam County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Putnam County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$1,668

$1,548

Ownwell’s Putnam County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Putnam County with just two data points. By entering your property's estimated assessed value, our calculator applies Putnam County’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 more 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 Putnam County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Putnam County, Georgia

Local government entities set tax rates, which can vary widely within a state. 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 Putnam County's effective property tax rate to other counties in Georgia or the U.S. median property tax rate. Putnam County has a median property tax rate of 0.75%, which is significantly lower than the national median of 1.02%. Within Georgia, Madison boasts the highest median property tax rate at 0.83%, while Buckhead offers the lowest at 0.73%. Understanding these rates is crucial for property owners aiming to manage their expenses effectively. By knowing where Putnam County stands in comparison to both state and national figures, property owners can make informed decisions about their investments and potential savings through property tax appeals or exemptions.

Property Tax Rates Across Putnam County, Georgia

Source: Ownwell

0.73%

0.78%

0.83%

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 Putnam County Tax Rate

0.75%

Median Effective Georgia Tax Rate

1.08%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Putnam County, Georgia

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Buckhead	0.23%	0.38%	0.73%	0.80%	0.90%
Eatonton	0.20%	0.45%	0.75%	0.86%	1.11%
Hillsboro	N/A	N/A	N/A	N/A	N/A
Madison	0.62%	0.80%	0.83%	0.96%	1.00%
Milledgeville	0.27%	0.44%	0.75%	0.83%	0.89%
Monticello	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Putnam County, Georgia

When examining property taxes in Putnam County, 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 Putnam County Board of Assessors 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 Putnam 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 Putnam County. For example, the median tax bill in Putnam County is $2,120, with tax bills ranging significantly across the county. Buckhead has the highest median home price at $374,708.

Property Tax Assessment Values Across Putnam County, Georgia

Source: Ownwell

$102,420

$238,564

$374,708

Median Putnam County Market Value

$222,449

Median Georgia Market Value

$231,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Putnam County, Georgia

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Buckhead	$107,409	$216,795	$374,708	$583,412	$723,367
Eatonton	$43,541	$86,527	$213,296	$411,109	$683,486
Hillsboro	N/A	N/A	N/A	N/A	N/A
Madison	$50,294	$54,959	$102,420	$180,704	$382,541
Milledgeville	$183,523	$225,546	$288,386	$406,547	$564,642
Monticello	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Putnam County, Georgia

In Putnam County, GA, property tax bills are determined by assessing a home's value and applying the local tax rate. The median home price is $222,449, which is below the national median, and the property tax rate is assessed accordingly. Homeowners in this county face a wide range in tax bills, with the 25th percentile paying around $502, while those in the 75th percentile pay approximately $2,816. At the 90th percentile, tax bills can reach $4,896, indicating significant variability based on property value and location within the county.

For instance, Buckhead residents experience the highest median tax bill at $2,120, whereas Madison residents benefit from the lowest median tax bill at $965. This variation impacts homeowners' financial planning, as those in higher-tax areas may need to allocate more of their budget towards property taxes. Compared to the national median property tax bill of $2,400, Putnam County's figures reflect both affordability and diversity in tax obligations, emphasizing the importance of understanding local property tax dynamics for effective financial management.

Property Tax Bills Across Putnam County, Georgia

Source: Ownwell

$965

$1,543

$2,120

Median Putnam County Tax Bill

$1,336

Median Georgia Tax Bill

$2,212

Median United States Tax Bill

$2,400

Property Tax Bills Across Putnam County, Georgia

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Buckhead	$488	$947	$2,120	$3,914	$5,356
Eatonton	$158	$487	$1,272	$2,801	$4,901
Hillsboro	N/A	N/A	N/A	N/A	N/A
Madison	$130	$491	$965	$1,859	$2,379
Milledgeville	$635	$1,241	$2,005	$2,809	$4,137
Monticello	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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