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Updated 2025 Tax Year

Floyd County
Property Tax Guide

Everything you need to know about property taxes in Floyd County, GA. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
9.500 mills ($9.50 per $1,000 assessed value), varies by district with additional municipal taxes
Exemptions
4+ Available
Section 1

How Property Tax Works

Floyd County, Georgia operates on a property tax system that serves as the primary funding mechanism for essential local services including public schools, law enforcement, fire protection, road maintenance, and county administration. Property taxes in Floyd County are calculated using a millage rate system, where the tax rate is expressed in mills (one mill equals $1 per $1,000 of assessed value). The county assesses properties at 40% of their fair market value, which is the standard assessment ratio throughout Georgia.

The 2025 property tax rate for Floyd County is tentatively set at 9.500 mills, representing an increase from previous years. However, your actual effective tax rate may vary depending on your specific location within the county, as different areas are subject to various special taxing districts such as school districts, municipal services, and other local improvement districts. These additional assessments can significantly impact your total property tax burden, making it important to understand all applicable rates for your specific property location.

Section 2

What Makes Up Your Tax Bill

ComponentRate (Mills)Description
Floyd County Base Levy9.500FY 2025-2026 tentative rate for general county services
School DistrictVariesAdditional millage for local school operations and bonds
Municipal ServicesVariesCity-specific rates if property is within city limits
Special DistrictsVariesFire districts, water/sewer, other improvement districts

Note: The rates shown apply to the FY 2025-2026 levy year. Your total effective rate depends on your property's location within Floyd County and which special taxing districts apply to your area. The final county rate will be determined in an upcoming county meeting. Properties in different municipalities or special districts within Floyd County may have significantly different total tax rates due to these additional assessments.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Floyd County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Floyd County are additional property tax assessments that occur when there are changes to a property's ownership, use, or physical characteristics during the tax year. The most common triggers include new construction, completed renovations that add value, changes in property use classification, or corrections to previous assessments. These taxes are calculated based on the difference between the old and new assessed values, prorated for the portion of the tax year the change was in effect.

For example, if you complete a $100,000 home addition in March, the county assessor will determine the increased assessed value (40% of the added market value, or $40,000) and apply the current millage rate for the remaining months of the tax year. Using the 9.500 mill rate, this would result in a supplemental tax of approximately $380 ($40,000 × 0.0095), prorated from the completion date through the end of the tax year.

Example Calculation

Property Value: $300,000

  • Fair Market Value: $300,000
  • Assessed Value (40%): $120,000
  • Less: Standard Homestead Exemption: -$2,000
  • Net Taxable Value: $118,000
  • Annual Tax (9.5 mills): $1,121
  • Monthly Escrow: $93

Property Value: $600,000

  • Fair Market Value: $600,000
  • Assessed Value (40%): $240,000
  • Less: Standard Homestead Exemption: -$2,000
  • Net Taxable Value: $238,000
  • Annual Tax (9.5 mills): $2,261
  • Monthly Escrow: $188

Property Value: $1,000,000

  • Fair Market Value: $1,000,000
  • Assessed Value (40%): $400,000
  • Less: Standard Homestead Exemption: -$2,000
  • Net Taxable Value: $398,000
  • Annual Tax (9.5 mills): $3,781
  • Monthly Escrow: $315

Important Note: The Standard Homestead Exemption of $2,000 requires application and is not automatic. Additional tax credits may be available for seniors, disabled veterans, and other qualifying circumstances, but all require separate applications with specific deadlines.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Floyd County require borrowers to establish an escrow account for property tax payments, especially when the loan-to-value ratio exceeds 80%. Your lender will estimate your annual property tax liability and divide it by 12 to determine your monthly escrow payment. Since Floyd County property taxes are due starting October 1st each year, lenders typically collect funds throughout the year to ensure adequate reserves when bills become due.

Your lender will conduct an annual escrow analysis to compare actual tax payments with collected funds and adjust your monthly payment accordingly. If property values increase significantly or tax rates change, you may experience escrow shortages requiring increased monthly payments or lump-sum contributions. You can verify your property's assessed value and tax amount through the Floyd County Tax Assessor's office to ensure your lender's calculations are accurate. When your mortgage is paid off, you become responsible for making direct tax payments to Floyd County by the October 1st due date.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are Floyd County property taxes due for the current fiscal year? A: Floyd County property tax bills are due starting October 1st each year. For the 2025 tax year, bills will be due beginning October 1, 2025. If you don't receive your bill by the first week of November, contact the Floyd County Tax Commissioner's office.

Q: What is the Standard Homestead Exemption and how do I apply? A: The Standard Homestead Exemption provides a $2,000 reduction from your assessed value for county and school taxes. This is a tax credit that requires application - it is not automatic. You must own and occupy the property as your primary residence on January 1st and file the application by the same deadline as property tax returns.

Q: Are there additional tax credits available beyond the Standard Homestead Exemption? A: Yes, Floyd County offers various tax credits including senior citizen exemptions, disabled veteran exemptions, and others. An additional homestead exemption of $40,000 of assessed value may be available for qualifying homestead residences. All tax credits require separate applications with specific eligibility requirements and deadlines.

Q: How often are properties reassessed in Floyd County? A: Georgia law requires counties to conduct comprehensive reappraisals periodically. Floyd County follows the state's assessment schedule, with properties typically reassessed every few years to ensure assessments reflect current market values.

Q: How do I appeal my property assessment? A: If you believe your property assessment is incorrect, you can file an appeal with the Floyd County Board of Assessors. Appeals must be filed within specific timeframes after assessment notices are mailed, typically between April 1st and May 31st.

Q: What are the penalties for late property tax payments? A: Floyd County imposes penalties and interest on delinquent property taxes. Specific penalty rates and collection procedures are established by the county. Contact the Floyd County Tax Commissioner's office for current penalty information.

Q: Can I pay my property taxes online? A: Many Georgia counties offer online payment options for property taxes. Contact the Floyd County Tax Commissioner's office or visit their website to determine available payment methods including online, mail, or in-person options.

Q: How do special district taxes affect my total property tax bill? A: Properties within Floyd County may be subject to additional millage rates from school districts, municipalities, fire districts, or other special taxing authorities. Your total effective tax rate depends on which districts your property is located within, which can vary significantly across different areas of the county.

Q: Does the Homestead Exemption cap assessment increases? A: The Standard Homestead Exemption in Georgia provides a $2,000 assessed value reduction but does not cap assessment increases. Some states have homestead caps that limit annual assessment growth, but Georgia's standard exemption is a fixed dollar amount credit that requires annual qualification.

Q: What documentation do I need to apply for tax credits? A: Documentation requirements vary by credit type but typically include proof of ownership, occupancy verification for homestead credits, age verification for senior exemptions, and military service records for veteran exemptions. Contact the Floyd County Tax Assessor's office for specific requirements for each available credit program.

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