Bainbridge, Georgia Property Taxes
The median property tax rate in Bainbridge, GA is 1.18%, higher than both the national median of 0.99% and Georgia's state median of 1.08%. With a median home value of $108,490 in Bainbridge, the typical annual property tax bill amounts to $1,249, surpassing the national median of $2,690. Property taxes in Bainbridge are determined based on the assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Gaining a thorough understanding of Bainbridge's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Bainbridge or another part of Decatur County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bainbridge, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$1,280
$1,243
Ownwell’s Bainbridge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bainbridge with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bainbridge 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 Decatur County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Bainbridge, Georgia
Property taxes in Bainbridge, Georgia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Bainbridge is 1.18%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Bainbridge set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bainbridge 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 Bainbridge's effective property tax rate to other areas in Georgia and the national median. For comparison, the zip code 39819 has the highest median property tax rate of 1.19%, while zip code 39818 has the lowest median tax rate of 1.13%. Understanding how these areas compare with Bainbridge provides valuable insights into the varying tax landscape across Decatur County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bainbridge Tax Rate
1.18%
Average Decatur County Tax Rate
1.16%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bainbridge, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39817 | 0.96% | 1.12% | 1.16% | 1.23% | 1.23% |
| 39818 | 0.98% | 1.04% | 1.13% | 1.14% | 1.15% |
| 39819 | 1.00% | 1.14% | 1.19% | 1.23% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Bainbridge, Georgia
In Bainbridge, 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 Decatur 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 Bainbridge, 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. The median home price in Bainbridge is $108,490, with tax bills ranging from $624 at the 25th percentile to $3,282 at the 90th percentile. The highest median tax bill is $2,120 in zip code 39818, while the lowest median tax bill is $1,094 in zip code 39817. Being aware of these valuation processes in Bainbridge helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bainbridge Assessed Value
$108,490
Average Decatur County Assessed Value
$105,240
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bainbridge, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39817 | $21,762 | $43,257 | $95,916 | $156,580 | $232,549 |
| 39818 | $162,596 | $171,798 | $187,136 | $340,345 | $432,270 |
| 39819 | $34,374 | $65,582 | $120,985 | $209,421 | $319,136 |
Source: Ownwell
Property Tax Bills Across Bainbridge, Georgia
In Bainbridge, Decatur 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 Bainbridge is $108,490. Local tax authorities determine the assessed value, and then apply the local tax rate to calculate the property tax bill. Factors such as property improvements, location, and market conditions can influence the assessed value. For homeowners, this means that the property tax bill can vary significantly. For instance, the 25th percentile tax bill is $624, while the 75th percentile tax bill is $2,123, and the 90th percentile tax bill reaches $3,282. The highest median tax bill in the area is $2,120 in zip code 39818, whereas the lowest is $1,094 in zip code 39817. These variations affect homeowners' budgets and can influence decisions about buying, selling, or investing in property. Comparing these figures to the national median property tax rate of 0.99% highlights the local differences in tax burdens.
Average Bainbridge Tax Bill
$1,249
Average Decatur County Tax Bill
$1,188
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Bainbridge, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39817 | $221 | $478 | $1,094 | $1,811 | $2,612 |
| 39818 | $1,598 | $1,793 | $2,120 | $3,903 | $4,973 |
| 39819 | $381 | $741 | $1,406 | $2,428 | $3,721 |
Source: Ownwell