Banks County Property Taxes
Banks County, Georgia
Effective Tax Rate
0.00%
3.7% above state avgMedian Annual Tax
$0
$132/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.63%
At a Glance
Median Home Value
$251,700
State avg ▲ $180,827
Tax w/ Mortgage/yr
$1,777
$148/mo escrow
Tax w/o Mortgage/yr
$1,228
$102/mo
State Tax Rate Rank
#10
of 159 counties (1 = lowest)
Data Story
About Property Taxes in Banks County, Georgia
Banks County: Georgia's most tax-efficient county
Banks County's 0.630% effective rate ranks among the lowest in America, placing it in the nation's top 5% for tax efficiency. With a median home value of $251,700, homeowners pay just $1,586 annually—less than 59% of the national median tax of $2,690.
Dramatically below Georgia average
Banks County's 0.630% rate is the lowest among all Georgia counties analyzed, standing 30% below the state average of 0.898%. Despite higher-valued homes than statewide norms, its median tax of $1,586 runs only $57 above the state median of $1,529.
The region's clear tax leader
Banks County (0.630%) outpaces all comparable counties, offering rates far below Barrow (0.832%), Bartow (0.725%), and every other analyzed peer. This makes Banks County exceptionally attractive for North Georgia property buyers prioritizing low taxes.
Premium homes, bargain tax bills
A median $251,700 home in Banks County generates roughly $1,586 in annual property taxes—the highest dollar amount here, reflecting higher home values. With mortgage and insurance, owners pay approximately $1,777 yearly, a remarkable value given median home prices.
Verify your assessment's accuracy
Banks County's low rates shouldn't discourage periodic assessment reviews; even efficient tax systems occasionally overvalue properties. Request an assessment comparison with recent sales if you suspect your home is valued above market rate.
Tax Rate Details
Understanding Millage Rates in Banks County
In Georgia, property taxes are expressed as a millage rate (also called a mill rate). One mill equals $1 of tax for every $1,000 of assessed property value. Your total property tax bill is determined by adding together the millage rates set by the county, city or municipality, school district, and any special districts.
In Georgia, property is assessed at 40% of fair market value. The millage rate is applied to this assessed value, so a home worth $300,000 has an assessed value of $120,000 for tax purposes. Georgia counties, cities, and school districts each set their own millage rates.
Banks County has an effective property tax rate of 0.63%, resulting in a median annual tax bill of $1,586. Use the calculator above to estimate your property tax based on Banks County's current rate, or contact the Banks County tax assessor's office for the exact millage rate breakdown for your property.
How Banks County Compares
Median Annual Property Tax
Banks County
0.63%
Effective rate
Georgia Avg
0.85%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Banks County, Georgia?
What is the millage rate in Banks County, Georgia?
How much are property taxes in Banks County?
How does Banks County compare to the Georgia average?
What is the median home value in Banks County, Georgia?
Is Banks County a low property tax area in Georgia?
How does Banks County rank for property taxes in Georgia?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Georgia
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.