31014 Property Tax Rate

Property owners in ZIP code 31014 (Cochran, Georgia) pay a median of $1,296/year in property taxes on homes valued at $119,700. This translates to an effective tax rate of 1.08%, which is 24% above the Georgia state average of 0.87%.

The monthly property tax burden for a median-valued home in 31014 is approximately $108, which factors into escrow payments on mortgages. This ZIP code is located within Bleckley County. This is $548 less than the Georgia average of $1,844/year.

Compared to similar ZIP codes in Georgia, 31014 has higher property taxes. ZIP codes with similar effective rates include 31764 (1.08%) and 30678 (1.08%).

In Cochran, property taxes represent approximately 2.5% of the median household income of $52,016, providing context for the relative tax burden on homeowners in this area.

In Georgia, reassessment occurs at market value when property is sold, meaning your new assessed value will reflect the transaction price. Bleckley County offers a $2,000 homestead exemption for owner-occupied primary residences, plus potential additional county exemptions — file with the Bleckley County Tax Assessor by April 1 to reduce your tax liability. Submit your homestead exemption form to the Bleckley County Tax Assessor within 30 days of purchase to ensure you receive the exemption on your first bill.