Dayton, Texas Property Taxes
The median property tax rate in Dayton, TX is 1.21%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Dayton, the typical annual property tax bill reaches $1,415, falling below the national median of $2,690. Property taxes in Dayton are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Dayton'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 Dayton or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dayton, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$1,644
$1,521
$1,148
Average Dayton, Texas Tax Savings
Ownwell’s Dayton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dayton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dayton to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Dayton. 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 Dayton, Texas
Property taxes in Dayton, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dayton is 1.21%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Dayton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dayton 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 Dayton's effective property tax rate to other counties in Texas and the national median. For comparison, the 77535 zip code has the highest median property tax rate of 1.21%, while the 77535 zip code also has the lowest median tax rate of 1.21%. Understanding how these cities compare with Dayton provides valuable insights into the varying tax landscape across Liberty County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dayton Tax Rate
1.21%
Average Liberty County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dayton, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77535 | 0.33% | 0.51% | 1.21% | 1.57% | 1.84% |
Source: Ownwell
$1,148
Average Dayton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Dayton, Texas
In Dayton, Texas, 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 Liberty 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 Dayton, 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. For example, the median home price in Dayton is $135,830, with the 25th percentile tax bill at $478 and the 75th percentile tax bill at $3,170. The zip code with the highest median tax bill is 77535 at $1,415, and the lowest is also 77535 at the same value. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dayton Assessed Value
$135,830
Average Liberty County Assessed Value
$88,865
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dayton, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77535 | $36,035 | $69,035 | $135,830 | $258,500 | $373,915 |
Source: Ownwell
$1,148
Average Dayton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Dayton, Texas
In Dayton, TX, located in Liberty County, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. The median home price in Dayton is $135,830, which influences the tax bill. Homeowners in the area experience a wide range of tax bills, from the 25th percentile at $478 to the 90th percentile at $5,202, with the highest median tax bill at $1,415 in the 77535 zip code. Factors such as property location, home improvements, and local tax rates play a crucial role in determining the final tax amount. These taxes can significantly impact homeowners, especially those on a fixed income or with escalating property values. Ownwell helps homeowners by offering property tax appeal and exemption services, potentially lowering their tax bills. By leveraging expert knowledge and local data, Ownwell ensures homeowners pay only their fair share, providing substantial savings and financial relief.
Average Dayton Tax Bill
$1,415
Average Liberty County Tax Bill
$1,071
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Dayton, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77535 | $174 | $478 | $1,415 | $3,170 | $5,202 |
Source: Ownwell
$1,148
Average Dayton Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
---|---|
Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
---|---|
Liberty Appraisal District | |
Website | esearch.libertycad.com |
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