31320 Property Tax Rate

Property owners in ZIP code 31320 (Midway, Georgia) pay a median of $2,148/year in property taxes on homes valued at $215,900. This translates to an effective tax rate of 0.99%, which is 14% above the Georgia state average of 0.87%.

The monthly property tax burden for a median-valued home in 31320 is approximately $179, which factors into escrow payments on mortgages. This ZIP code is located within Liberty County. This is $304 more than the Georgia average of $1,844/year.

Compared to similar ZIP codes in Georgia, 31320 has higher property taxes. ZIP codes with similar effective rates include 31326 (1.00%) and 30401 (0.99%).

In Midway, property taxes represent approximately 3.1% of the median household income of $68,958, 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; Liberty County may provide additional exemptions for seniors, disabled residents, or veterans — contact the Liberty County Assessor's office to learn what programs you qualify for. File your homestead exemption claim by April 1 with the Liberty County Assessor to secure all applicable tax reductions.