Dawson, Georgia Property Taxes
The median property tax rate in Dawson, GA is 1.24%, higher than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $68,080 in Dawson, the typical annual property tax bill reaches $790, which is notably lower than the national median of $2,690. Property taxes in Dawson are calculated based on the tax assessed value, which is often below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Dawson's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether in the heart of Dawson 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
Dawson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$844
$820
Ownwell’s Dawson Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dawson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dawson to give you a clear estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities and plan your finances accordingly. 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 Dawson, Georgia
Property taxes in Dawson, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dawson is 1.24%, higher than both the Georgia state median of 0.83% and the U.S. national median of 0.99%. Local government entities within Dawson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dawson 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 Dawson's effective property tax rate to other counties in Georgia and the national median. For comparison, the 39842 zip code has both the highest and lowest median property tax rate of 1.24%. Understanding how these cities compare with Dawson provides valuable insights into the varying tax landscape across Terrell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dawson Tax Rate
1.24%
Average Terrell County Tax Rate
1.24%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dawson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39842 | 0.88% | 1.13% | 1.24% | 1.24% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Dawson, Georgia
In Dawson, 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 Terrell 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 Dawson, 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. The median home price in Dawson is $68,080, with tax bills ranging from $417 at the 25th percentile to $2,372 at the 90th percentile. The zip code 39842 has both the highest and lowest median tax bill, each at $790. Being aware of these valuation processes in Dawson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dawson Assessed Value
$68,080
Average Terrell County Assessed Value
$67,472
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dawson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39842 | $17,697 | $36,950 | $68,080 | $116,656 | $220,791 |
Source: Ownwell
Property Tax Bills Across Dawson, Georgia
In Dawson, Terrell County, GA, property tax bills are primarily calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. For homeowners in Dawson, the median home price is $68,080. The property tax rate in Terrell County is relatively modest compared to the national median of 0.99%. For instance, the tax bill at the 25th percentile is $417, while at the 75th percentile, it rises to $1,330. At the 90th percentile, homeowners can expect to pay around $2,372. These tax bills can significantly impact homeowners, especially those on fixed incomes or with limited financial flexibility. Understanding how these taxes are calculated and what factors are considered—such as the assessed value and applicable tax rates—can help homeowners better anticipate and manage their financial obligations. The highest and lowest median tax bill in the area is $790, highlighting the variability in tax burdens within the region.
Average Dawson Tax Bill
$790
Average Terrell County Tax Bill
$779
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Dawson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39842 | $196 | $417 | $790 | $1,330 | $2,372 |
Source: Ownwell