Bonaire, Georgia Property Taxes
The median property tax rate in Bonaire, GA is 0.97%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $178,050 in Bonaire, the typical annual property tax bill amounts to $2,071, which is less than the national median of $2,690. Property taxes in Bonaire are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Bonaire'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 Bonaire or another part of Houston County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bonaire, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$1,727
$1,603
Ownwell’s Bonaire Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bonaire with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bonaire 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Bonaire, Georgia
Property taxes in Bonaire, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bonaire is 0.97%, slightly lower than the U.S. national median of 0.99%. Local government entities within Bonaire set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bonaire 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 Bonaire's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31005 zip code has the highest median property tax rate of 0.97%, while the 31005 zip code has the lowest median tax rate of 0.97%. Understanding how these cities compare with Bonaire provides valuable insights into the varying tax landscape across Houston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bonaire Tax Rate
0.97%
Average Houston County Tax Rate
1.32%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bonaire, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31005 | 0.97% | 0.97% | 0.97% | 1.32% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Bonaire, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bonaire, GA. 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 Houston 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 Bonaire, 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 median home price in Bonaire is $178,050, with tax bills ranging from $1,571 at the 25th percentile to $3,620 at the 90th percentile. The zip code 31005 has both the highest and lowest median tax bills at $2,071. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bonaire Assessed Value
$178,050
Average Houston County Assessed Value
$137,400
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bonaire, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31005 | $89,350 | $130,200 | $178,050 | $253,600 | $332,450 |
Source: Ownwell
Property Tax Bills Across Bonaire, Georgia
In Bonaire, located in Houston County, GA, property tax bills are calculated based on the assessed value of a property and the applicable tax rate. The assessed value is determined by the county assessor and typically represents a percentage of the property's market value. Homeowners in Bonaire can expect a median property tax bill of approximately $2,071, which is notably higher than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's location, size, and any improvements made. For instance, properties in the 25th percentile have a tax bill around $1,571, while those in the 75th percentile face a bill closer to $2,736. At the higher end, properties in the 90th percentile can see tax bills reaching up to $3,620. These property taxes significantly impact homeowners by influencing their overall housing costs. Higher property tax bills can affect affordability and the long-term financial planning of residents in Bonaire.
Average Bonaire Tax Bill
$2,071
Average Houston County Tax Bill
$1,709
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Bonaire, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31005 | $1,072 | $1,571 | $2,071 | $2,736 | $3,620 |
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 |
|---|