Bowersville, Georgia Property Taxes
The median property tax rate in Bowersville, GA is 0.77%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $117,034 in Bowersville, the typical annual property tax bill amounts to $886, falling below the national median of $2,690. Property taxes in Bowersville are calculated based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural land. Understanding Bowersville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you’re in the heart of Bowersville or another part of Hart County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bowersville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$901
$836
Ownwell’s Bowersville Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Bowersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bowersville to provide an accurate property tax bill estimate. This insightful tool helps you understand potential tax liabilities. For those 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 Hart County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Bowersville, Georgia
Property taxes in Bowersville, Georgia, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Bowersville is 0.77%, which is lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Bowersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bowersville 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 Bowersville's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30516 zip code has the highest median property tax rate of 0.77%, while the same zip code also has the lowest median tax rate of 0.77%. Understanding how these cities compare with Bowersville provides valuable insights into the varying tax landscape across Hart County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bowersville Tax Rate
0.77%
Average Hart County Tax Rate
0.77%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bowersville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30516 | 0.77% | 0.77% | 0.77% | 0.77% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Bowersville, Georgia
In Bowersville, 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 Hart 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 Bowersville, 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 Bowersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $886, found in the 30516 zip code.
Average Bowersville Assessed Value
$117,034
Average Hart County Assessed Value
$165,051
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bowersville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30516 | $33,060 | $60,101 | $117,034 | $213,435 | $346,702 |
Source: Ownwell
Property Tax Bills Across Bowersville, Georgia
In Bowersville, located in Hart County, GA, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The assessed value is typically a percentage of the market value, and in Hart County, this percentage is used to calculate the taxable value. The local tax rate is then applied to this taxable value to determine the final tax bill. For example, with a median home price of $117,034, homeowners can expect varying tax bills. The 25th percentile tax bill is around $454, while the 75th percentile is approximately $1,558. At the 90th percentile, tax bills can reach up to $2,570. These figures indicate how property taxes can fluctuate significantly based on property values and local tax rates. Homeowners in Bowersville should be aware of these factors, as they directly influence the amount they owe annually in property taxes, impacting their overall financial planning and homeownership costs.
Average Bowersville Tax Bill
$886
Average Hart County Tax Bill
$1,350
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Bowersville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30516 | $251 | $454 | $886 | $1,558 | $2,570 |
Source: Ownwell