30656 Property Tax Rate

Property owners in ZIP code 30656 (Monroe, Georgia) pay a median of $2,401/year in property taxes on homes valued at $307,200. This translates to an effective tax rate of 0.78%, which is 10% below the Georgia state average of 0.87%.

The monthly property tax burden for a median-valued home in 30656 is approximately $200, which factors into escrow payments on mortgages. This ZIP code is located within Walton County. This is $557 more than the Georgia average of $1,844/year.

Compared to similar ZIP codes in Georgia, 30656 has higher property taxes. ZIP codes with similar effective rates include 30650 (0.78%) and 30720 (0.78%).

In Monroe, property taxes represent approximately 2.7% of the median household income of $88,431, providing context for the relative tax burden on homeowners in this area.

Georgia has no statewide property tax cap; your property will be reassessed at market value at sale with reassessments continuing by Walton County. Walton County provides a $2,000 basic homestead exemption on assessed value plus exemptions for seniors 65+, veterans, and disabled owners — file with the Walton County Assessor's office by April 1 of the year following purchase. Contact the Walton County Assessor within 30 days of closing to file your homestead exemption and determine eligibility for additional local exemptions.