Bowen Island Property Tax Rate 2026
The residential rate, the taxes that add up to it, and a calculator for your home
Bowen Island's 2026 residential property tax rate is 0.4175% of assessed value, up from 0.3861% in 2025 (+8.1%). A home assessed at $500,000 pays about $2,087 a year, and one at $1,000,000 about $4,175. On the benchmark home in Bowen Island, priced at $1,386,600 in August 2026, that rate comes to about $5,789 a year. It is the 14th lowest of the 35 British Columbia cities and towns we cover; their median rate is 0.4437%.
Bowen Island property tax calculator
The 2026 assessment, the home's market value on July 1, 2025.
The tax is the assessed value times Bowen Island's 2026 rate of 0.4175%. Flat charges on the same bill, such as water or garbage fees, are not included.
Property tax in 2026
$5,790/yr
$483 a month
At the 2025 rate (0.3861%), the same value paid $5,355: $435 less than in 2026.
How the rate adds up
A home in Bowen Island pays seven separate property taxes on the same bill, each set by a different government or for a different purpose. Each is a percentage of the home's assessed value; added together, they make the 0.4175% rate.
| Tax | Rate | Tax per year on $500,000 |
|---|---|---|
| Municipal | 0.2594% | $1,297 |
| School (provincial) | 0.0823% | $411 |
| Metro Vancouver | 0.0056% | $28 |
| TransLink | 0.0359% | $179 |
| Islands Trust | 0.0139% | $70 |
| Provincial police tax | 0.0165% | $83 |
| BC Assessment and MFA | 0.0038% | $19 |
| Total in 2026 | 0.4175% | $2,087 |
| Total in 2025 | 0.3861% | $1,930 |
It includes the Islands Trust levy and the provincial police tax that Bowen pays as a municipality of under 5,000 people; parcel taxes and utility fees are billed on top.
Property tax at different home values
| Assessed value | Tax per year | Tax per month |
|---|---|---|
| $400,000 | $1,670 | $139 |
| $600,000 | $2,505 | $209 |
| $800,000 | $3,340 | $278 |
| $1,000,000 | $4,175 | $348 |
| $1,500,000 | $6,262 | $522 |
| $2,000,000 | $8,349 | $696 |
On a typical home in Bowen Island
| Home | Price | Tax per year | Tax per month |
|---|---|---|---|
| Benchmark home | $1,386,600 benchmark | $5,789 | $482 |
| Detached | $1,389,700 benchmark | $5,801 | $483 |
The prices are from our Bowen Island report for August 2026, and each is taxed as if it were the home's assessed value. B.C. assesses homes every year at their market value of the July before.
British Columbia cities and towns compared
| Whistler | 0.2775% | 0.2603% | +6.6% | $1,388 |
| West Vancouver | 0.3239% | 0.2938% | +10.2% | $1,619 |
| District of North Vancouver | 0.3282% | 0.3033% | +8.2% | $1,641 |
| Burnaby | 0.3284% | 0.2977% | +10.3% | $1,642 |
| Vancouver | 0.3364% | 0.3118% | +7.9% | $1,682 |
| Surrey | 0.3427% | 0.3108% | +10.3% | $1,714 |
| City of North Vancouver | 0.3477% | 0.3218% | +8% | $1,738 |
| Richmond | 0.3538% | 0.3194% | +10.8% | $1,769 |
| Township of Langley | 0.3617% | 0.3349% | +8% | $1,808 |
| Port Coquitlam | 0.3775% | 0.3497% | +8% | $1,888 |
| Coquitlam | 0.3852% | 0.3515% | +9.6% | $1,926 |
| Delta | 0.3958% | 0.3660% | +8.1% | $1,979 |
| Squamish | 0.4148% | 0.3801% | +9.1% | $2,074 |
| Bowen Island | 0.4175% | 0.3861% | +8.1% | $2,087 |
| City of Langley | 0.4207% | 0.3808% | +10.5% | $2,103 |
| Port Moody | 0.4291% | 0.3939% | +8.9% | $2,146 |
| White Rock | 0.4319% | 0.3833% | +12.7% | $2,159 |
| Mission | 0.4437% | 0.4001% | +10.9% | $2,218 |
| Abbotsford | 0.4521% | 0.4124% | +9.6% | $2,260 |
| Maple Ridge | 0.4536% | 0.4189% | +8.3% | $2,268 |
| Pitt Meadows | 0.4622% | 0.4222% | +9.5% | $2,311 |
| Kelowna | 0.4741% | 0.4449% | +6.6% | $2,370 |
| New Westminster | 0.4793% | 0.4364% | +9.8% | $2,397 |
| West Kelowna | 0.4943% | 0.4612% | +7.2% | $2,472 |
| Saanich | 0.5201% | 0.4938% | +5.3% | $2,600 |
| Langford | 0.5335% | 0.4924% | +8.4% | $2,668 |
| Courtenay | 0.5409% | 0.5153% | +5% | $2,704 |
| Oak Bay | 0.5478% | 0.5148% | +6.4% | $2,739 |
| Victoria | 0.5656% | 0.5203% | +8.7% | $2,828 |
| Penticton | 0.5686% | 0.5338% | +6.5% | $2,843 |
| North Cowichan | 0.6088% | 0.5618% | +8.4% | $3,044 |
| Campbell River | 0.6370% | 0.6113% | +4.2% | $3,185 |
| Kamloops | 0.6854% | 0.6476% | +5.8% | $3,427 |
| Nanaimo | 0.7312% | 0.6909% | +5.8% | $3,656 |
| Prince George | 0.9712% | 0.9382% | +3.5% | $4,856 |
How homes are assessed in British Columbia, with the same table, is on the British Columbia property tax rates page.
Bowen Island Property Tax: Quick Answers
What is the property tax rate in Bowen Island?
In 2026, it is 0.4175% of a home's assessed value. It adds up seven taxes: municipal (0.2594%), school (0.0823%), Metro Vancouver (0.0056%), TransLink (0.0359%), Islands Trust (0.0139%), provincial police tax (0.0165%) and BC Assessment and MFA (0.0038%). It includes the Islands Trust levy and the provincial police tax that Bowen pays as a municipality of under 5,000 people; parcel taxes and utility fees are billed on top.
How much is property tax on a house in Bowen Island?
About $2,087 a year on a home assessed at $500,000, $3,131 at $750,000 and $4,175 at $1,000,000. On the benchmark home in Bowen Island ($1,386,600), it is about $5,789.
How is property tax calculated in Bowen Island?
The tax is the home's assessed value times the rate: $500,000 × 0.4175% = $2,087. B.C. assesses homes every year at their market value of the July before.
Did property tax go up in Bowen Island in 2026?
The rate went up 8.1%, from 0.3861% in 2025 to 0.4175%. A bill also changes with the home's assessment.
Work out your own numbers
- Property tax estimator: the tax on your home's assessed value
- Annual cost of ownership calculator: property tax with insurance, utilities and upkeep
- Understanding property taxes before you buy
- Income needed to buy a home in each city, with property tax in the monthly cost
Other provinces
Source: Bowen Island, 2026 tax rates; 2025 tax rates. Rates are for a residential home and include the school or education tax; flat fees on the same bill are not included.
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