Average Tax Assessment in Dawson County

Dawson County has 11,489 properties with a cumulative value of $3.6B, representing 0.45% of all real estate value in Georgia. Property taxes in Dawson County totaled $26.9M, with an average homeowner paying $2,342 in property taxes, which is lower than the state average of $2,360. The average property tax rate in Dawson County is 0.75%, which is lower than the state average of 1.00%. Property taxes are based on the assessed value of the property, which is typically lower than the market value.

The property tax timeline in Georgia begins on January 1st, when the property values are assessed. Property value notices are then issued between April and July, and property owners have 30 to 45 days after the notices are mailed to file an appeal. Finally, property tax bills are issued on September 1st.

Dawson County has an average property tax rate of 0.75%, which is the same as the average rate across the state of Georgia. This rate is slightly lower than the national average of 1.07%. The county collects an estimated $26.9 million in property taxes each year. The city of Dawsonville has the highest effective property tax rate in the county at 0.75%, while the city of Jasper has the lowest effective property tax rate at 0.75%. This indicates that property tax rates in Dawson County are relatively consistent across the county, with only slight variations between cities.

Overall, property taxes in Dawson County are relatively low compared to other counties in the state. This makes it an attractive option for homeowners looking for a place to settle down and invest in real estate. The consistent property tax rates across the county also make it easier for homeowners to budget for their taxes each year.

The data from Redfin shows that home prices in Dawson County, Georgia have decreased by 9.44% from October 2022 to October 2023. This indicates that the housing market in the area has cooled off, as the median home price has dropped from $610,000 to $355,000. Additionally, the home inventory in the area has also decreased, from 154 homes in October 2022 to 134 homes in October 2023. This suggests that the housing market in Dawson County is becoming more competitive, as fewer homes are available for purchase.

Dawson County is home to a large amount of outstanding home mortgage loans, totaling $975.2M. This represents a significant portion of the total home value in the county, and demonstrates the importance of mortgages in the local economy. Furthermore, there are 4.3K outstanding loans in the county, indicating a large number of homeowners who are taking advantage of the mortgage market.

The median mortgage rate in Dawson County varies across cities, with Dawsonville having the highest rate at 3.9%, and Jasper having the lowest rate at 3.79%. This slight variation in rates can make a big difference in the amount of money a homeowner pays over the life of their loan, and it is important for potential homeowners to shop around to find the best rate. Overall, mortgages in Dawson County are an important part of the local economy, and homeowners should take the time to research their options to get the best rate possible.