Property Tax & Income in Walton County, Georgia
Walton County has an effective property tax rate of 0.76%. On the median home value of $339,500, that's roughly $2,563 per year. Median household income is $84,945.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Walton County | Georgia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.76% | 0.86% |
| Median home value1 | $339,500 | — |
| State income tax3 | top rate 5.19% | top rate 5.19% |
| State sales tax3 | 7.56% combined | 7.56% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Walton County, GA
Buying a home in Walton County means weighing a median value of $339,500 against an annual property tax bill of about $2,563, based on an effective rate of 0.755%. That rate sits below Georgia's statewide median of 0.859% and also edges under the national figure of 0.794%, so the tax side of the equation works in a buyer's favor here. Households earning the median income of $84,945 would devote roughly three percent of that to property taxes each year. Among the county's communities, Monroe is the largest, with Jersey also within its borders. Statewide, Walton County ranks 113th out of 158 counties for property tax rate, placing it in the lower half. For anyone comparing places to settle, the combination of mid-range home prices and a below-average tax rate shapes the overall cost of ownership.