Bowdon, Georgia Property Taxes
The median property tax rate in Bowdon, GA is 1.00%, closely aligning with the national median of 0.99% and slightly below the Georgia state median of 1.08%. With the median home value in Bowdon at $135,477, the typical annual property tax bill amounts to $1,003, which is significantly lower than the national median of $2,690. Property taxes in Bowdon are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Bowdon's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Bowdon or another part of the city, grasping the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Bowdon, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$1,355
$1,257
Ownwell’s Bowdon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bowdon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bowdon to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Carroll County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Bowdon, Georgia
Property taxes in Bowdon, Georgia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Bowdon is 1.00%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Bowdon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bowdon estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Bowdon's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30108 zip code has the highest median property tax rate of 1.00%, while the same zip code also has the lowest median tax rate of 1.00%. Understanding how these cities compare with Bowdon provides valuable insights into the varying tax landscape across Carroll County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bowdon Tax Rate
1.00%
Average Carroll County Tax Rate
1.00%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bowdon, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30108 | 0.11% | 0.58% | 1.00% | 1.21% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Bowdon, Georgia
In Bowdon, Georgia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Carroll County Appraisal District for tax purposes. In contrast, the assessed value 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. In Bowdon, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Bowdon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 30108 has the highest and lowest median tax bill at $1003.
Average Bowdon Assessed Value
$135,477
Average Carroll County Assessed Value
$185,559
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bowdon, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30108 | $34,363 | $73,429 | $135,477 | $226,134 | $346,214 |
Source: Ownwell
Property Tax Bills Across Bowdon, Georgia
In Bowdon, located in Carroll County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Bowdon stands at $135,477. Property taxes are then determined by applying the local tax rate to this assessed value. Factors such as property improvements, neighborhood developments, and local government budgets can influence the assessed value. For homeowners, this means that any increase in their property's market value or changes in local tax rates can lead to higher tax bills. In Bowdon, property tax bills can vary significantly. For instance, the 25th percentile tax bill is $371, while the 75th percentile tax bill reaches $1,907. At the 90th percentile, homeowners might see tax bills as high as $2,928. Compared to the national median property tax rate of 0.99%, Bowdon's property taxes can be relatively moderate, but they still represent a significant annual expense for homeowners. This variability underscores the importance of understanding local tax assessments and staying informed about potential changes.
Average Bowdon Tax Bill
$1,003
Average Carroll County Tax Bill
$1,516
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Bowdon, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30108 | $167 | $371 | $1,003 | $1,907 | $2,928 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
---|---|
Tax Bill | |
Issued | September 1 |
Due Date #1 | September 15 |
Due Date #2 | November 15 |
Links |
---|