Dawson, Georgia Property Taxes
The median property tax rate in Dawson, GA is 1.13%, higher than both the national median of 0.99% and Georgia's state median of 1.08%. With a median home value of $99,600, the typical annual property tax bill in Dawson reaches $1,123, which is below the national median of $2,690. Property taxes in Dawson are calculated based on the tax assessed value, often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Dawson'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 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
1.13%
Estimate Property Tax Bill
$1,125
$1,044
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, 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 0.83%, which is lower than both the Georgia state median of 0.91% 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 the highest median property tax rate of 0.83%, while the same zip code has the lowest median tax rate of 0.83%. 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
1.13%
Average Lee County Tax Rate
1.13%
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 | 0.67% | 1.02% | 1.13% | 1.13% | 1.13% |
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 Lee 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. Being aware of these valuation processes in Dawson 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 39842, with a tax bill of $1,123, which is significantly higher than the national median property tax rate of 0.99%.
Average Dawson Assessed Value
$99,600
Average Lee County Assessed Value
$158,600
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 | $16,148 | $48,175 | $99,600 | $219,178 | $512,090 |
Source: Ownwell
Property Tax Bills Across Dawson, Georgia
In Dawson, located in Lee County, GA, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the property's market value, and in Georgia, this percentage is often set at 40%. Various factors, such as the property's location, size, and condition, can influence the assessed value. Once the assessed value is determined, local tax rates, also known as millage rates, are applied to calculate the final tax bill. For homeowners in Dawson, the median home price is $99,600. Property tax bills can vary significantly, with the 25th percentile tax bill at $502 and the 75th percentile reaching $1,640. At the 90th percentile, homeowners might see tax bills as high as $3,915. Compared to the national median property tax rate of 0.99%, these figures provide a clear picture of how property taxes can impact homeowners differently based on the value of their property and local tax rates.
Average Dawson Tax Bill
$1,123
Average Lee County Tax Bill
$1,734
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 | $182 | $502 | $1,123 | $1,640 | $3,915 |
Source: Ownwell