Bacon County, Georgia Property Taxes
The median property tax rate in Bacon County is 1.04%, which is slightly higher than the national median of 0.99% but lower than the Georgia state median of 1.08%. With a median home value of $95,100, the typical annual property tax bill in Bacon County is $871, significantly below the national median of $2,690. Property taxes here are based on the tax assessed value, often lower than the actual market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Bacon County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you live in Alma or another part of Bacon County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bacon County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$989
$918
Ownwell’s Bacon County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Bacon County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Bacon County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Bacon County, Georgia
Property taxes in Bacon County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Bacon County is 1.04%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Bacon County set these rates annually, and they can vary significantly between different areas within the county. Each year, Bacon County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Bacon County's effective property tax rate with other counties in Georgia and the national median. For comparison, the city of Alma has one of the higher property tax rates in Georgia at 1.04%, while the city of Bristol boasts one of the lowest at 0.81%. Analyzing how Bacon County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Bacon County Tax Rate
1.04%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Bacon County, Georgia
In Bacon County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Bacon County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Bacon County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Bacon County, the highest median tax bill is found in Bristol at $1,439, while Nicholls has the lowest at $803. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Bacon County Assessed Value
$95,100
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Bills Across Bacon County, Georgia
In Bacon County, GA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is a percentage of the property's market value. For instance, if a home in Bacon County has a median home price of $95,100, the assessed value will be a fraction of this amount, adjusted according to local regulations. The property tax rate in Bacon County is then applied to this assessed value to determine the final tax bill. Several factors influence this calculation, including property location, size, and any applicable exemptions. Homeowners in Bacon County experience a range of tax bills; the 25th percentile pays around $484, while those in the 75th percentile pay approximately $1,594. At the 90th percentile, tax bills can reach up to $2,766. Compared to the national median property tax rate of 0.99%, Bacon County offers a relatively moderate tax burden, which can be a significant factor for homeowners considering the affordability of living in this region.
Average Bacon County Tax Bill
$871
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690