Martin, Franklin County, Georgia Property Taxes
Median Martin, GA effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but also lower than the Georgia state median of 1.08%.
Median Martin, GA home value: $136,010
Median annual Martin, GA tax bill: $1,172, $1,228 lower than the national median property tax bill of $2,400.
How are property taxes in Franklin calculated?
Property taxes in Martin, 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 Martin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Martin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Martin, Franklin County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.93%
Estimate Property Tax Bill
$1,570
$1,457
Property Tax Rates Across Martin, Franklin County, Georgia
Local government entities are responsible for setting tax rates, which can vary significantly within Georgia. This is because each county annually estimates its required budget to provide essential services, dividing that figure by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Martin, located in Franklin County, the effective property tax rate is notably close to the state's median rate. With Georgia's median property tax rate at 1.01%, Martin aligns closely with this figure, reflecting a stable tax environment. Comparatively, the national median property tax rate is 1.02%, which suggests that Martin's rate is slightly below the national average, offering potential savings for property owners. This stability in property tax rates can be an attractive feature for homeowners and investors looking to maximize their investment in the area. By understanding these local dynamics, property owners can make informed decisions about their real estate investments and potential savings.
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 Martin Tax Rate
0.93%
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 Franklin County Tax Rate
0.95%
Median Effective Georgia Tax Rate
1.00%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Martin, Franklin County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30557 | 0.46% | 0.72% | 0.93% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Martin, Franklin County, Georgia
When examining property taxes in Martin, 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 Franklin County Tax Assessor 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.
Assessment notices: In Franklin 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 Martin. For example, the median home price in Martin is $136,010, with tax bills ranging significantly across the county. Zip code 30557 has the highest median home price at $136,010.
Property Tax Assessment Values Across Martin, Franklin County, Georgia
Source: Ownwell
$125,174
$181,059
$236,944
Median Martin Market Value
$168,804
Median Franklin County Market Value
$174,612
Median Georgia Market Value
$280,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Martin, Franklin County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30557 | $32,005 | $67,299 | $168,804 | $303,354 | $496,733 |
Source: Ownwell
Property Tax Bills Across Martin, Franklin County, Georgia
Median Martin Tax Bill
$1,412
Median Franklin County Tax Bill
$1,553
Median Georgia Tax Bill
$2,476
Median United States Tax Bill
$2,400
Property Tax Bills Across Martin, Franklin County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30557 | $258 | $550 | $1,412 | $2,529 | $3,901 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Franklin Tax Assessor | |
| Website | qpublic.schneidercorp.com |