Good Hope, Walton County, Georgia Property Taxes

Name: Property Tax Bills Across Good Hope, Walton County, Georgia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Good Hope, GA effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Good Hope, GA home value: $308,070
Median annual Good Hope, GA tax bill: $4,130, $1,730 higher than the national median property tax bill of $2,400.

How are property taxes in Walton County calculated?

Property taxes in Good Hope, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Good Hope’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Good Hope, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Good Hope, Walton County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$3,655

$3,392

Ownwell’s Good Hope Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Good Hope with just two data points.

By entering your property's estimated assessed value, our calculator applies Good Hope’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Walton County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Good Hope, Walton County, Georgia

Local government entities are responsible for setting property tax rates, resulting in significant variation within a state. Each year, counties determine their necessary budget to maintain public services and divide this by the total assessed value of all taxable property within their boundaries. This process establishes the property tax rate. Although setting tax rates involves votes and legislation, the essence of the process remains annual.

In the city of Good Hope, located in Walton County, Georgia, the effective property tax rate can be compared to other cities within the state and against Georgia's median property tax rates as well as the national average. Georgia's median property tax rate is slightly above the national median, offering a point of comparison for property owners. Understanding these rates and how they are determined can provide property owners with valuable insights into their tax obligations and potential savings through appeals or exemptions. By staying informed, property owners in Good Hope can better navigate their property tax responsibilities and explore opportunities for potential reductions.

Property Tax Rates Across Good Hope, Walton County, Georgia

Source: Ownwell

0.87%

1.02%

1.18%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Good Hope Tax Rate

0.93%

Median Effective Walton County Tax Rate

1.04%

Median Effective Georgia Tax Rate

1.00%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Good Hope, Walton County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
30641	0.22%	0.38%	0.93%	1.16%	1.18%

Source: Ownwell

Property Tax Assessment Values Across Good Hope, Walton County, Georgia

When examining property taxes in Good Hope, GA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Walton County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Walton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Good Hope. For example, the median home price in Good Hope is $308,070, with tax bills ranging significantly across the county. Zip code 30641 has the highest median home price at $308,070.

Property Tax Assessment Values Across Good Hope, Walton County, Georgia

Source: Ownwell

$171,925

$304,310

$436,695

Median Good Hope Market Value

$393,000

Median Walton County Market Value

$328,600

Median Georgia Market Value

$280,310

Median United States Market Value

$235,294

Property Tax Assessment Values Across Good Hope, Walton County, Georgia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
30641	$161,420	$259,900	$393,000	$515,800	$721,520

Source: Ownwell

Property Tax Bills Across Good Hope, Walton County, Georgia

In Good Hope, located in Walton County, GA, property tax bills are determined based on the assessed value of a home, which is typically a percentage of the market value. The property tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as property size, location, and market trends can influence the assessed value, impacting the tax amount homeowners owe. The median home price in Good Hope is $308,070, leading to varying tax bills across different percentiles. For instance, the 25th percentile tax bill is $2,532, while the 75th percentile reaches $5,512, and the 90th percentile climbs to $7,657. These figures highlight the potential financial burden on homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell offers services to help homeowners reduce their property tax bills by identifying potential savings through appeals and exemptions. By leveraging expert knowledge, homeowners can potentially lower their tax liabilities, easing their financial commitments.

Property Tax Bills Across Good Hope, Walton County, Georgia

Source: Ownwell

$1,288

$3,007

$4,726

Median Good Hope Tax Bill

$2,793

Median Walton County Tax Bill

$3,025

Median Georgia Tax Bill

$2,476

Median United States Tax Bill

$2,400

Property Tax Bills Across Good Hope, Walton County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
30641	$731	$1,455	$2,793	$4,648	$6,115

Source: Ownwell

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Appeal Deadline	June 1

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