31024 Property Tax Rate

Property owners in ZIP code 31024 (Eatonton, Georgia) pay a median of $1,553/year in property taxes on homes valued at $213,900. This translates to an effective tax rate of 0.73%, which is 17% below the Georgia state average of 0.87%.

The monthly property tax burden for a median-valued home in 31024 is approximately $129, which factors into escrow payments on mortgages. This ZIP code is located within Putnam County. This is $291 less than the Georgia average of $1,844/year.

Compared to similar ZIP codes in Georgia, 31024 has lower property taxes. ZIP codes with similar effective rates include 30412 (0.73%) and 30152 (0.73%).

In Eatonton, property taxes represent approximately 2.5% of the median household income of $62,826, providing context for the relative tax burden on homeowners in this area.

Georgia reassesses properties at market value upon sale, with no cap on the increase from the prior owner's assessed value. All Georgia homeowners receive a $2,000 Basic Homestead Exemption off assessed value, and seniors 65+ and disabled homeowners may qualify for additional exemptions in Putnam County — contact the Putnam County Assessor's office to learn about supplemental programs. File your homestead exemption application by April 1 with the Putnam County Assessor to secure all applicable exemptions.