Bowman, Madison County, Georgia Property Taxes
Median Bowman, GA effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Bowman, GA home value: $183,625
Median annual Bowman, GA tax bill: $2,511, $111 higher than the national median property tax bill of $2,400.
How are property taxes in Madison County calculated?
Property taxes in Bowman, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Bowman’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bowman, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bowman, Madison County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.22%
Estimate Property Tax Bill
$2,240
$2,079
Property Tax Rates Across Bowman, Madison County, Georgia
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bowman Tax Rate
1.22%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Madison County Tax Rate
1.22%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bowman, Madison County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30624 | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Bowman, Madison County, Georgia
When examining property taxes in Bowman, GA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. Madison County's appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Madison County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bowman. For example, the median home price in Bowman is $183,625, with tax bills ranging significantly across the county. The 30624 zip code has the highest median home price at $183,625.
Property Tax Assessment Values Across Bowman, Madison County, Georgia
Source: Ownwell
$104,107
$193,329
$282,550
Median Bowman Market Value
$183,625
Median Madison County Market Value
$186,937
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bowman, Madison County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30624 | $32,161 | $88,181 | $183,625 | $350,574 | $492,833 |
Source: Ownwell
Property Tax Bills Across Bowman, Madison County, Georgia
In Bowman, Georgia, located in Madison County, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Bowman is $183,625, and property taxes are influenced by this assessed value along with the local tax rate. Homeowners in Bowman typically face property tax bills ranging from $1,122 at the 25th percentile to $6,223 at the 90th percentile. With a median tax bill of $2,511, Bowman's property taxes are slightly above the national median of $2,400. This can significantly impact homeowners' financial planning, as higher tax bills may affect overall housing affordability.
Ownwell offers valuable assistance to homeowners in Bowman by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners potentially reduce their tax bills. This service not only helps in achieving immediate savings but also contributes to long-term financial stability. Homeowners can rely on Ownwell's expertise to navigate the complexities of property tax regulations and ensure they are not overpaying.
Median Bowman Tax Bill
$2,511
Median Madison County Tax Bill
$2,406
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Bowman, Madison County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30624 | $703 | $1,122 | $2,511 | $4,388 | $6,223 |
Source: Ownwell