Tyrone, GA: Is Your Property Tax Assessment Too High? (2026)
By AppealAlly Team · Published
The median Tyrone homeowner pays $4,238/year in property taxes. That is 3.12% of median household income. See how Tyrone compares and check your savings potential.
Key Takeaways
Appeal deadline: Georgia law sets it at 45 days from the date of your assessment notice. The date printed on your notice controls. Confirm with your county before you file.Median home value: $470,400 in Tyrone.Median annual tax bill: $4,238.Tax burden: 3.12% of median household income in Tyrone.Potential savings: ~$524/year from a 10% reduction, or $1,572 over 3 years with the 299c freeze (estimated, subject to the statutory exceptions).Filed with: Fayette County Board of Assessors (not the city).Free to file: 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.
Tyrone occupies the northwest corner of Fayette County, a low-key residential town along Georgia Highway 74 that borders Peachtree City but has kept a slower, semi-rural feel compared with its larger neighbor. Its 7,896 residents enjoy some of the south metro's strongest fundamentals. The median home is worth about $470,400, around 8% above the Fayette County median of $436,400, and the median household income of $135,691 ranks among the highest in the region. Property taxes still claim about 3.1% of household income, because high values mean high assessments even where the effective county rate sits at a moderate 1.11%. Across Fayette County, home values run from roughly $321,744 at the 25th percentile to $624,684 at the 75th, one of the highest bands in Georgia, and Tyrone's large-lot homes and newer estate-style subdivisions land in a segment where individual sales are sparse. Sparse sales are the enemy of accurate valuation at scale. When few genuinely comparable homes sell in a given year, the assessor's model fills the gap with sales from other neighborhoods or other price tiers, and the resulting figure can drift well above what your specific property would command. The bigger the home, the bigger that drift tends to be. When your assessment notice arrives, treat the value as a claim to verify rather than a fact to accept. 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.
Tyrone Appeal Quick Facts
Appeal Deadline: Georgia law sets it at 45 days from the date of the assessment notice. The date printed on your notice controls. Confirm with your county before you file.
Median Home Value: $470,400 (8% above Fayette County median)
Median Annual Tax Bill: $4,238 (Census ACS 2024)
Tax Burden: 3.12% of median household income
Is your Tyrone property tax assessment too high?
The median home in Tyrone is valued at $470,400, and the typical homeowner pays about $4,238 per year in property tax (Census ACS 2024), based on Fayette County's 2.786% combined millage applied to 40% of fair market value after exemptions. That means the typical Tyrone homeowner spends 3.12% of household income on property taxes alone. If Fayette 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 $470,400, Tyrone home values are 8% above the Fayette County median, 176% above Georgia's statewide median of $170,200, 47% above the national median of $318,000.
How does Tyrone compare to other Fayette County cities?
Peachtree City leads Fayette County in home values, but your individual assessment could still be too high regardless of where Tyrone falls in the county ranking.
What evidence matters for Tyrone appeals?
In a mid-size city like Tyrone, you should be able to find 3-5 comparable sales within Fayette County. Look for homes that sold in the last 12 months with similar square footage, age, and condition. If local sales are limited, expand your search to neighboring areas within the county. For the full evidence strategy, exemption details, and step-by-step filing instructions, see our Fayette County Property Tax Guide.
How much can you save in Tyrone?
Based on a combined tax rate of 2.786%. 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 Tyrone home ($470,400 down by $47,040) would save approximately $524 per year, or $1,572 over three years (estimated, subject to the statutory exceptions) with the 299c value freeze.
At 3.12% of household income, even a modest reduction in your assessed value makes a real difference in your annual budget.
File your appeal through Fayette County
Property tax appeals in Tyrone are filed with the Fayette 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.
Fayette County Board of Assessors: 140 Stonewall Ave. West, Suite 108, Fayetteville, GA 30214 | 770-305-5402 For the full appeal process and deadline details, see our Fayette County Property Tax Guide.
Based on 2024 American Community Survey estimates and Fayette County millage rates.
Frequently Asked Questions
Is my Tyrone property tax too high?
The median annual property tax bill in Tyrone is $4,238 (Census ACS). If your assessed value is higher than what your home would actually sell for, you are paying more than that. Compare your assessed value to recent sales of comparable homes nearby.
Who do I contact to appeal my Tyrone property tax?
Appeals are filed with the Fayette County Board of Assessors, not at the city level. File 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.
How much of my income goes to property taxes in Tyrone?
At the median, Tyrone homeowners pay 3.12% of their household income ($135,691/year) in property taxes. That is a significant burden -- a successful appeal directly increases your take-home.
How do Tyrone property taxes compare to Peachtree City?
Peachtree City leads Fayette County with a median home value of $482,500, compared to Tyrone's $470,400. But a lower county ranking does not mean your individual home is correctly assessed -- overassessments happen at every price point.
How is my Tyrone property tax bill calculated?
Georgia taxes property at 40% of fair market value. For Tyrone's median home ($470,400), the assessed value is $188,160. Multiply by Fayette County's millage rate of 2.786% to get your annual bill. Many Tyrone homeowners find that assessed values have climbed faster than actual sale prices. Comparing your value to 3-5 recent sales of similar homes is the quickest way to spot an overassessment.
Is it worth appealing a small overvaluation in Tyrone?
Yes. Even a $111 per year overcharge (from a $10,000 overvaluation at Fayette County's 2.786% rate) adds up to $333 over three years (estimated); if an appeal removes it, the 299c freeze can keep that saving for up to three years, subject to the statutory exceptions. The appeal is free to file, and the Board of Equalization cannot raise your value above the county assessors' figure, except on a value already frozen by an earlier appeal.
Can my property tax go up if I appeal?
Losing at the Board of Equalization cannot raise your value, with one exception. Under O.C.G.A. § 48-5-311(e)(9), the Board of Equalization, a hearing officer, or an arbitrator can lower your value but cannot raise it above the value the county assessors set. The exception is a value already frozen by an earlier appeal: on an appeal filed while that freeze is in effect, the Board is not capped and could raise the value. That limit applies to the deciding body; the county assessors can still make changes or corrections to your value when they review your appeal.