Tyrone, GA Property Tax: Rates & How to Save (2026)
Tyrone, GA property taxes: $4,238/year median. See rates, how to appeal in Fayette County, and check your savings.
Key Takeaways
Median home value: $470,400 in Tyrone.Median annual tax bill: $4,238.Tax rate: Fayette County's combined rate is 2.786%.Appeals filed with: Fayette County Board of Assessors (not the city).Appeal deadline: 45 days from your assessment notice date.
Tyrone is a Fayette County town south of Atlanta with about 7,900 residents, where the median home value of around $470,000 runs close to the county average. With tax bills averaging over $4,200, making sure your assessment is accurate matters -- this guide shows you how.
Property Tax Rates in Tyrone
Tyrone property taxes are assessed and collected by Fayette County. Georgia assesses all property at 40% of fair market value.
Here is how the tax math works for the median Tyrone home:
Fair Market Value (county assessment): $470,400
Assessed Value ($470,400 x 0.40): $188,160
Tax Rate (Fayette County combined rate): 2.786%
Annual Tax Bill ($188,160 x 2.786%): $5,242
The Census Bureau reports a median annual tax bill of $4,238 for Tyrone, which reflects all levies including county, school, and city taxes.
How Tyrone Compares
Tyrone: $470,400
Fayette County: $436,400
Georgia (statewide): $170,200
Homes in Tyrone are valued 8% above the Fayette County median. The median annual tax bill in Tyrone ($4,238) is 194% above Georgia's statewide median of $1,439. Home values in Fayette County range from about $321,744 (25th percentile) to $624,684 (75th percentile), so your appeal savings depend heavily on where your home falls in that range.
How to Appeal Your Tyrone Property Tax
Property tax appeals in Tyrone are handled by the Fayette County Board of Assessors. You have 45 days from the date of the assessment notice to file using the PT-311A form.
Based on a combined tax rate of 2.786%. Your actual rate may vary by tax district.
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 with the 299c freeze.
The median annual property tax bill in Tyrone is $4,238, based on Census ACS 2024 data. Using Fayette County's millage rate of 2.786%, the computed tax on the median home ($470,400) is approximately $5,242.
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 within 45 days of your assessment notice.
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 with the 299c freeze. The appeal is free to file and there is no risk of your assessment increasing.
Why is my Tyrone property tax bill so high?
The median tax bill in Tyrone is $4,238 -- 194% above Georgia's statewide median of $1,439. This reflects both higher home values and Fayette County's combined millage rate. If your individual assessment is higher than what your home would actually sell for, you are paying even more than necessary.
Can my property tax go up if I appeal?
No. Georgia law (O.C.G.A. § 48-5-311) protects you: the county cannot raise your assessed value above what they originally set just because you filed an appeal. The Board of Equalization only rules on the disputed value. Worst case, your appeal is denied and you keep your current assessment -- your taxes will not increase as a result of appealing.