Dalhart, Dallam County, Texas Property Taxes
The median property tax rate in Dalhart, TX is 1.99%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Dalhart, the typical annual property tax bill reaches $1,640, which is below the national median of $2,690. Property taxes in Dalhart 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 Dalhart'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 Dalhart 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
Dalhart, Dallam County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.99%
Estimate Property Tax Bill
$1,794
$1,665
Ownwell’s Dalhart Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dalhart with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dalhart 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 Dalhart, Dallam County, Texas
Property taxes in Dalhart, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dalhart is 1.99%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Dalhart set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dalhart 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 Dalhart's effective property tax rate to other counties in Texas and the national median. For comparison, the 79022 zip code has the highest median property tax rate of 1.99%, while the 79022 zip code has the lowest median tax rate of 1.99%. Understanding how these cities compare with Dalhart provides valuable insights into the varying tax landscape across Dallam County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dalhart Tax Rate
1.99%
Average Dallam County Tax Rate
1.99%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dalhart, Dallam County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79022 | 0.70% | 1.60% | 1.99% | 1.99% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Dalhart, Dallam County, Texas
In Dalhart, 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 Dallam 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 Dalhart, 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 Dalhart helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Dalhart are both $1,640, found in zip code 79022.
Property Tax Assessment Values Across Dalhart, Dallam County, Texas
Source: Ownwell
$65,215
$77,693
$90,170
Average Dalhart Assessed Value
$90,170
Average Dallam County Assessed Value
$88,040
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dalhart, Dallam County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79022 | $26,058 | $51,002 | $90,170 | $138,085 | $211,936 |
Source: Ownwell
Property Tax Bills Across Dalhart, Dallam County, Texas
In Dalhart, Dallam County, TX, property tax bills are calculated based on the assessed value of your home, which is determined by the local appraisal district. This assessed value is then multiplied by the local tax rate to determine your annual tax bill. The median home price in Dalhart is $90,170, and property tax rates can vary, leading to a range of tax bills. For instance, the 25th percentile tax bill is $842, while the 75th percentile tax bill reaches $2,586, and the 90th percentile tax bill can go up to $3,692. These tax bills are influenced by several factors, including changes in property values, local government budgets, and specific tax rates set by various taxing entities. Compared to the national median property tax rate of 0.99%, Dalhart's rates can significantly impact homeowners' financial planning. Understanding how these factors interplay helps homeowners anticipate their tax liabilities and manage their finances more effectively.
Average Dalhart Tax Bill
$1,640
Average Dallam County Tax Bill
$1,574
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Dalhart, Dallam County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79022 | $222 | $842 | $1,640 | $2,586 | $3,692 |
Source: Ownwell