Dexter, Georgia Property Taxes
The median property tax rate in Dexter, GA is 0.90%, 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 Dexter at $89,436, the typical annual property tax bill amounts to $829, significantly below the national median of $2,690. Property taxes in Dexter are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Dexter's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Dexter or another part of Laurens County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dexter, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$805
$782
Ownwell’s Dexter Property Tax Bill Calculator empowers homeowners, real estate investors, and prospective buyers to estimate their annual property taxes in Dexter with just two data points. By inputting your property's estimated assessed value, the calculator uses the median tax rate in Dexter to provide an estimate of your property tax bill. This valuable tool helps you grasp potential tax obligations. For those interested in neighborhood-specific trends, additional localized information is available as you scroll down. Your property’s assessed value, determined by Laurens County for tax calculations, considers any applicable exemptions.
Property Tax Rates Across Dexter, Georgia
Property taxes in Dexter, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dexter is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Dexter set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dexter 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 Dexter's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31019 has both the highest and lowest median property tax rate of 0.90%. Understanding how these cities compare with Dexter provides valuable insights into the varying tax landscape across Laurens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dexter Tax Rate
0.90%
Average Laurens County Tax Rate
0.90%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dexter, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31019 | 0.90% | 0.90% | 0.90% | 0.90% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Dexter, Georgia
In Dexter, Georgia, 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 Laurens 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 Dexter, 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. Being aware of these valuation processes in Dexter helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 31019, with a bill of $829, which is also the lowest median tax bill in the area.
Average Dexter Assessed Value
$89,436
Average Laurens County Assessed Value
$75,596
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dexter, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31019 | $22,521 | $42,015 | $89,436 | $166,326 | $262,054 |
Source: Ownwell
Property Tax Bills Across Dexter, Georgia
In Dexter, Laurens County, GA, property tax bills are calculated based on the assessed value of the home, which is a percentage of the market value. The median home price in Dexter is $89,436. Property tax rates are applied to this assessed value to determine the annual tax bill. For example, the tax bill for the 25th percentile is $395, while for the 75th percentile, it rises to $1,522, and at the 90th percentile, it reaches $2,361. These variations depend on factors such as property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, homeowners in Dexter may find their tax rates to be relatively more manageable. However, the financial impact can still be significant, influencing household budgets and potentially affecting decisions about home ownership and property investments. Understanding how these taxes are calculated is crucial for homeowners to manage their finances effectively.
Average Dexter Tax Bill
$829
Average Laurens County Tax Bill
$799
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Dexter, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31019 | $213 | $395 | $829 | $1,522 | $2,361 |
Source: Ownwell