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Banks County Housing Market

Georgia · 159 counties · Ranked #2370 in home value

Below National Avg

Housing at a Glance

Median Home Value

$251,700

vs national$251,700 vs $281,900 national

Median Gross Rent

$788/mo

vs national$788 vs $1,163 national

Effective Tax Rate

0.63%

vs national0.63% vs 1.02% national

Median Household Income

$68,830

vs national$68,830 vs $74,755 national

Affordability Ratio

3.7x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

24.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,586

Tax as % of Home Value

0.63%

Monthly Owner Cost

$921

Renter Income

$41,507

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Frequently Asked Questions

What is the median home value in Banks County?

The median home value in Banks County is $251,700. This is below the national median of $281,900.

How much is rent in Banks County?

The median gross rent in Banks County is $788 per month.

What is the property tax rate in Banks County?

The effective property tax rate in Banks County is 0.63%. The median annual property tax bill is $1,586.

Is Banks County affordable?

With a home-value-to-income ratio of 3.7x, Banks County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.