31055 Property Tax Rate

Property owners in ZIP code 31055 (Mc Rae Helena, Georgia) pay a median of $1,286/year in property taxes on homes valued at $139,800. This translates to an effective tax rate of 0.92%, which is 5% above the Georgia state average of 0.87%.

The monthly property tax burden for a median-valued home in 31055 is approximately $107, which factors into escrow payments on mortgages. This ZIP code is located within Telfair County. This is $558 less than the Georgia average of $1,844/year.

Compared to similar ZIP codes in Georgia, 31055 has higher property taxes. ZIP codes with similar effective rates include 31415 (0.92%) and 30014 (0.92%).

In Mc Rae Helena, property taxes represent approximately 2.6% of the median household income of $50,394, 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 Telfair County may provide additional exemptions for seniors or disabled homeowners — contact the Telfair County Assessor's office to learn what programs apply to your situation. File your exemption claim by April 1 with the Telfair County Assessor to guarantee it is reflected on your tax bill.