30650 Property Tax Rate

Property owners in ZIP code 30650 (Madison, Georgia) pay a median of $2,456/year in property taxes on homes valued at $314,300. This translates to an effective tax rate of 0.78%, which is 11% below the Georgia state average of 0.87%.

The monthly property tax burden for a median-valued home in 30650 is approximately $205, which factors into escrow payments on mortgages. This ZIP code is located within Morgan County. This is $612 more than the Georgia average of $1,844/year.

Compared to similar ZIP codes in Georgia, 30650 has lower property taxes. ZIP codes with similar effective rates include 30656 (0.78%) and 31303 (0.78%).

In Madison, property taxes represent approximately 3.1% of the median household income of $80,357, providing context for the relative tax burden on homeowners in this area.

Georgia law provides a $2,000 homestead exemption off assessed value statewide, and Morgan County may offer additional county-level exemptions for seniors or agricultural properties. File your homestead exemption claim by April 1 with the Morgan County Assessor to secure the $2,000 deduction on your assessed value. Contact the Morgan County Assessor's office to determine if you qualify for senior, disabled homeowner, or veteran exemptions.