Dawson, Alabama Property Taxes
The median property tax rate in Dawson, AL is 0.32%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%. With a median home value of $88,410 in Dawson, the typical annual property tax bill is $288, well below the national median of $2,690. Property taxes in Dawson 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 Dawson'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 Dawson or another part of DeKalb County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dawson, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.32%
Estimate Property Tax Bill
$283
Ownwell’s Dawson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner 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 estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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, Alabama
Property taxes in Dawson, Alabama, 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 0.32%, which is significantly lower than both the Alabama state median of 0.33% 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 Alabama and the national median. For comparison, the highest median property tax rate in Alabama is 0.66%, while the lowest median tax rate is 0.16%. Understanding how these cities compare with Dawson provides valuable insights into the varying tax landscape across DeKalb County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dawson Tax Rate
0.32%
Average Dekalb County Tax Rate
0.36%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dawson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35963 | 0.18% | 0.25% | 0.32% | 0.47% | 0.71% |
Source: Ownwell
Property Tax Assessment Values Across Dawson, Alabama
In Dawson, Alabama, 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 DeKalb 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. The median home price in Dawson is $88,410, with tax bills varying significantly. For instance, the 25th percentile tax bill is $132, while the 75th percentile tax bill is $520, and the 90th percentile tax bill reaches $822. The highest median tax bill in the area is $288 in the 35963 zip code. 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 Dawson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dawson Assessed Value
$88,410
Average Dekalb County Assessed Value
$106,260
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dawson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35963 | $21,587 | $44,015 | $88,410 | $162,245 | $256,392 |
Source: Ownwell
Property Tax Bills Across Dawson, Alabama
In Dawson, located in DeKalb County, AL, property tax bills are calculated based on the assessed value of a home. The assessed value is determined as a percentage of the market value of the property. Factors such as the property's location, size, and condition play a significant role in determining its market value. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. For homeowners in Dawson, the property tax bill can vary widely. For instance, the 25th percentile tax bill is around $132, while the 75th percentile tax bill reaches $520. At the higher end, the 90th percentile tax bill can be as much as $822. These variations can significantly impact homeowners, influencing their annual expenses and financial planning. Compared to the national median property tax rate of 0.99%, Dawson's property tax bills reflect the local economic conditions and property values, providing a unique financial landscape for its residents.
Average Dawson Tax Bill
$288
Average Dekalb County Tax Bill
$412
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Dawson, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 35963 | $71 | $132 | $288 | $520 | $822 |
Source: Ownwell