31051 Property Tax Rate

Property owners in ZIP code 31051 (Lilly, Georgia) pay a median of $550/year in property taxes on homes valued at $133,300. This translates to an effective tax rate of 0.41%, which is 53% below the Georgia state average of 0.87%.

The monthly property tax burden for a median-valued home in 31051 is approximately $46, which factors into escrow payments on mortgages. This ZIP code is located within Dooly County. This is $1,294 less than the Georgia average of $1,844/year.

Compared to similar ZIP codes in Georgia, 31051 has lower property taxes. ZIP codes with similar effective rates include 30582 (0.41%) and 31561 (0.43%).

In Lilly, property taxes represent approximately 1.8% of the median household income of $30,341, providing context for the relative tax burden on homeowners in this area.

Georgia property undergoes reassessment at fair market value when purchased, which may significantly increase your tax from the prior owner's assessment. Dooly County residents with primary residences are eligible for a $2,000 homestead exemption and may qualify for additional county exemptions — apply to the Dooly County Tax Assessor by April 1. Contact the Dooly County Tax Assessor before April 1 to file your homestead exemption claim and prevent overpayment of taxes.