The median Good Hope homeowner pays $2,583/year in property taxes. That is 2.7% of median household income. See how Good Hope compares and check your savings potential.
Good Hope is one of Walton County's smallest incorporated towns, about 582 people surrounded by pasture, hayfields, and timber a short drive from Monroe, the county seat. Rural addresses like these used to sit outside Atlanta's housing economics, but Walton County's growth has pulled values up everywhere: the typical Good Hope home is worth about $352,000, roughly 4 percent above the Walton County median of $339,500, in a county where values run from roughly $231,316 at the 25th percentile to $449,546 at the 75th. Walton's effective property tax rate is about 1.21 percent, and property taxes take around 2.7 percent of the local median household income of $95,563. The assessment problem in a town this small is that almost nothing here matches the county model's assumptions. Properties tend toward acreage, wells, barns, and houses built or expanded over generations, none of which mass valuation handles well. With few local sales to anchor on, the model borrows prices from subdivisions closer to Monroe or Loganville, where a three-bedroom house means something entirely different. That is how farmland-adjacent homes end up carrying suburban valuations. Nobody at the county is going to catch that mistake for you, and neighbors tend to talk about rising taxes more often than they act on them. Georgia law sets the appeal deadline at 45 days from the date of your assessment notice, and an appeal is how you put your own evidence on the record. The date printed on your notice controls. Confirm with your county before you file.
Good Hope Appeal Quick Facts
The median home in Good Hope is valued at $352,000, and the typical homeowner pays about $2,583 per year in property tax (Census ACS 2024), based on Walton County's 3.033% combined millage applied to 40% of fair market value after exemptions. That means the typical Good Hope homeowner spends 2.7% of household income on property taxes alone. If Walton County has overestimated your home's fair market value, you are paying more than you should. Filing is free, and the Board of Equalization can lower your value but cannot raise it above the county assessors' figure, except on a value already frozen by an earlier appeal. At $352,000, Good Hope home values are 4% above the Walton County median, 106% above Georgia's statewide median of $170,200, 10% above the national median of $318,000.
Check If Your Good Hope Home Is Overassessed
Loganville leads Walton County in home values, but your individual assessment could still be too high regardless of where Good Hope falls in the county ranking.
In smaller communities like Good Hope, finding comparable sales can be harder. Expand your search to other parts of Walton County. The Board of Equalization understands limited inventory in small towns. Focus on homes with similar square footage and condition, even if they are several miles away. For the full evidence strategy, exemption details, and step-by-step filing instructions, see our Walton County Property Tax Guide.
Based on a combined tax rate of 3.033%. Your actual rate may vary by tax district. Three-year figures are estimates and apply only if your value is reduced; you can then keep saving for up to three years, subject to the statutory exceptions.
A 10% reduction on the median Good Hope home ($352,000 down by $35,200) would save approximately $427 per year, or $1,281 over three years (estimated, subject to the statutory exceptions) with the 299c value freeze.
At 2.7% of household income, even a modest reduction in your assessed value makes a real difference in your annual budget.
Property tax appeals in Good Hope are filed with the Walton County Board of Assessors. To appeal, submit a PT-311A form. Georgia law sets the appeal deadline at 45 days from the date of your assessment notice. The date printed on your notice controls. Confirm with your county before you file.
Walton County Board of Assessors: 303 South Hammond Dr., Suite 109, Monroe, GA 30655 | 770-267-1352 For the full appeal process and deadline details, see our Walton County Property Tax Guide.
Based on 2024 American Community Survey estimates and Walton County millage rates.