Dallas is a lively city with plenty of single-family homes and other properties ready to be listed. If you’re a potential homeowner or real estate agent, knowing the Dallas property tax rate before moving in is essential to you or your clients’ overall housing budget.
We have everything you need if you’re ready to learn when Dallas property taxes are due, along with other important details.
Dallas property tax 2022
Dallas is a massive metropolitan city with a booming job market, home to 6,488,000 people. Among other attractions, Dallas is home to the largest urban arts district in the United States, with 68 acres of visual and performing arts venues, such as the Dallas Museum of Art and the Winspear Opera House. Families enjoy the Dallas Zoo and the Dallas World Aquarium. True crime fans may already know Dallas is where Bonnie and Clyde were born and buried.
Dallas’s cost of living is 4% above the national average, making it moderately expensive. The average house value in Dallas is approximately $326,000 and has gone up by 11% since 2021. The average house sells for approximately $340,000.
In the city of Dallas, property tax rates are set by the City Council. Homeowners need to know which county their property resides in for a complete picture of their property tax rate. The majority of the city is in Dallas County, but small parts of Dallas also land in Collin County, Rockwall County, or Denton County. You can call the numbers listed on the Dallas City website for the most accurate information.
Texas does not have an income tax, meaning property and sales taxes fill the gaps in funding public services. Texas’s average property tax rate is .56, but that number can vary depending on where you live.
In Dallas, the city property tax rate for 2022 is .7458. The Dallas County property tax rate is .217946. That said, these do not include any additional taxes, like school districts or special taxing districts.
Will Dallas property tax rates rise?
Based on Dallas County, Dallas tax rates are expected to decrease, but not by much. In 2021, the tax rate was 0.227946 (around 23 cents) per $100. Both the City of Dallas and Dallas County discussed decreasing property tax rates to provide relief to citizens.
Dallas County adopted a property tax rate reduction of 0.217946 cents per $100, only a cent lower than the previous year.
Like many places in the United States, appraised values of homes have risen significantly. So more than likely, you will pay more in property taxes despite the property tax cut.
Tax rates in surrounding areas
In nearby counties, tax rates will differ. But if you were to go outside of Dallas, you can expect to see some of the following rates:
- Arlington: 0.5998
- El Paso: 0.862398
- Fort Worth: 0.7125
- Houston:0.53364
- Pflugerville: 0.4813
- San Antonio: 0.54161
While these cities are not necessarily close to Dallas, it gives you an idea of how much other places in Texas charge for their own property taxes.
What does property tax revenue fund in Dallas?
Taxes are mostly collected by Dallas County and distributed to fund several public services throughout the area. Dallas only uses 30% of property taxes for city-based services; 7.5% is used to pay back debts from building public structures, and the other 22.5% is dedicated to the General Fund.
The other 70% is distributed to the following:
- Public schools
- Fire and police protection
- Libraries
- City streets
- County roads
- Public parks
Important information to know when moving to Dallas, TX
The City of Dallas and Dallas County collect property taxes on October 1st. If you do not receive your property tax amount by November 1st, contact the Dallas County Tax Office. They are considered delinquent if paid after January 31st.
Think your appraisal is wrong? Appraisal protests are due no later than May 15th for Dallas County and June 1st for the City of Dallas.
Applications for property tax exemptions are due by May 1st. Citizens can apply for homestead and other exemptions to lower their annual property tax amount.
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