The median Waco homeowner pays $1,148/year in property taxes. That is 2.99% of median household income. See how Waco compares and check your savings potential.
Out in Haralson County near the Alabama line, Waco is a town of about 779 people along the corridor between Bremen and Tallapoosa, the kind of west Georgia community where housing has stayed genuinely affordable. The typical home is worth about $158,500, roughly 30 percent below the Haralson County median of $227,500, toward the bottom of a county whose values range from about $134,515 at the 25th percentile to $359,451 at the 75th. Affordability does not mean the tax math is painless. Haralson's effective property tax rate of about 1.21 percent is higher than in several metro Atlanta counties, and with a median household income of $38,393, property taxes claim nearly 3 percent of what a typical Waco household earns. There is also a well-documented pattern in property assessment that works against towns like this: lower-priced homes tend to be assessed at a higher share of their true market value than expensive ones, because valuation models miss the condition problems, dated systems, and deferred maintenance that buyers price in but spreadsheets cannot see. A house that would struggle to bring its assessed value in an actual sale is over-assessed by definition, and in a small market with few sales, nobody recalibrates the model quickly. Reviewing the number on your notice costs nothing. Contesting it must happen within 45 days of the date printed on that notice, the single appeal window Georgia law provides each year.
Waco Appeal Quick Facts
The median home in Waco is valued at $158,500, and the typical homeowner pays about $1,148 per year in property tax (Census ACS 2024), based on Haralson County's 3.015% combined millage applied to 40% of fair market value after exemptions. That means the typical Waco homeowner spends 2.99% of household income on property taxes alone. If Haralson County has overestimated your home's fair market value, you are paying more than you should. Georgia law guarantees that filing an appeal cannot increase your assessment, so there is no risk in checking. At $158,500, Waco home values are 30% below the Haralson County median, 6% below Georgia's statewide median of $170,200, 50% below the national median of $318,000.
Check If Your Waco Home Is Overassessed
Bremen leads Haralson County in home values, but your individual assessment could still be too high regardless of where Waco falls in the county ranking.
In smaller communities like Waco, finding comparable sales can be harder. Expand your search to other parts of Haralson 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 Haralson County Property Tax Guide.
Based on a combined tax rate of 3.015%. Your actual rate may vary by tax district.
A 10% reduction on the median Waco home ($158,500 down by $15,850) would save approximately $191 per year, or $573 over three years with the 299c value freeze.
At 2.99% of household income, even a modest reduction in your assessed value makes a real difference in your annual budget.
Property tax appeals in Waco are filed with the Haralson County Board of Assessors. You have 45 days from the date of your assessment notice to submit a PT-311A form.
Haralson County Board of Assessors: 4266 Georgia Hwy 120, Buchanan, GA 30113 | 770-646-2022 For the full appeal process and deadline details, see our Haralson County Property Tax Guide.
Based on 2024 American Community Survey estimates and Haralson County millage rates.