31537 Property Tax Rate

Property owners in ZIP code 31537 (Folkston, Georgia) pay a median of $1,107/year in property taxes on homes valued at $120,900. 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 31537 is approximately $92, which factors into escrow payments on mortgages. This ZIP code is located within Charlton County. This is $737 less than the Georgia average of $1,844/year.

Compared to similar ZIP codes in Georgia, 31537 has higher property taxes. ZIP codes with similar effective rates include 30290 (0.92%) and 31756 (0.92%).

In Folkston, property taxes represent approximately 2.2% of the median household income of $49,613, providing context for the relative tax burden on homeowners in this area.

Georgia's Basic Homestead Exemption ($2,000 off assessed value) applies to owner-occupied primary residences in Charlton County and requires filing a signed claim form with the Charlton County Assessor within 30 days of purchase. Your property will be reassessed to full market value at sale, and Georgia imposes no state-level cap on annual increases, so plan for your tax liability to rise to match current market conditions. File your homestead exemption application by April 1 to ensure the reduction applies to the current tax year.