Bowdon, Georgia Property Taxes
The median property tax rate in Bowdon, GA is 0.81%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Bowdon at $107,998, the typical annual property tax bill reaches $734, significantly below the national median of $2,690. Property taxes in Bowdon are calculated based on the tax assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural properties. Understanding Bowdon'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 Bowdon or another part of Heard County, understanding the local property tax system will benefit 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
0.81%
Estimate Property Tax Bill
$875
$850
Ownwell’s Bowdon Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Bowdon with just two data inputs. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bowdon to provide an estimate of your property tax bill. This valuable 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Bowdon, Georgia
Property taxes in Bowdon, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bowdon is 0.81%, which is lower than 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 both the highest and lowest median property tax rate of 0.81%. Understanding how these areas compare with Bowdon provides valuable insights into the varying tax landscape across Heard County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bowdon Tax Rate
0.81%
Average Heard County Tax Rate
0.83%
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 | 0.32% | 0.49% | 0.81% | 0.83% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Bowdon, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bowdon, Georgia. 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 Heard 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. For instance, the highest median tax bill in Bowdon is $734 in the 30108 zip code, while the lowest median tax bill is also $734 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bowdon Assessed Value
$107,998
Average Heard County Assessed Value
$110,648
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 | $11,769 | $60,223 | $107,998 | $205,778 | $285,301 |
Source: Ownwell
Property Tax Bills Across Bowdon, Georgia
In Bowdon, located in Heard 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 local tax rate is then applied to this assessed value to determine the tax bill. For instance, with a median home price of $107,998, homeowners can expect varying tax bills depending on their property's assessed value and the applicable tax rate. Factors such as property size, location, and any applicable exemptions can influence the assessed value, thereby affecting the overall tax bill. In Bowdon, the 25th percentile tax bill is around $386, while the 75th percentile reaches $1,310, and the 90th percentile can go up to $1,896. Comparatively, the median property tax bill in the area is $734, which is significantly lower than the national median property tax rate of 0.99%. This lower tax burden can be advantageous for homeowners, making Bowdon an attractive place for property investment.
Average Bowdon Tax Bill
$734
Average Heard County Tax Bill
$808
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 | $88 | $386 | $734 | $1,310 | $1,896 |
Source: Ownwell