Burke, Texas Property Taxes
The median property tax rate in Burke, Texas is 1.50%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value in Burke of $115,430, the typical annual property tax bill reaches $1,579, still lower than the national median of $2,690. Property taxes in Burke are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Burke'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 Burke or another part of Angelina County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Burke, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Burke Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Burke with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Burke 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 Burke, Texas
Property taxes in Burke, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burke is 1.50%, which is significantly higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Burke set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burke 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 Burke's effective property tax rate to other counties in Texas and the national median. For comparison, the 75941 zip code has the highest median property tax rate of 1.50%, while the same zip code also has the lowest median tax rate of 1.50%. Understanding how these cities compare with Burke provides valuable insights into the varying tax landscape across Angelina County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burke Tax Rate
1.50%
Average Angelina County Tax Rate
1.54%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burke, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75941 | 0.96% | 1.28% | 1.50% | 1.56% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Burke, Texas
In Burke, 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 Angelina 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 Burke, 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. For instance, the median home price in Burke is $115,430. The tax bills vary significantly, with the 25th percentile at $629 and the 75th percentile at $2,565. The highest median tax bill is $1,579 in the 75941 zip code. Understanding these valuation concepts helps property owners navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Average Burke Assessed Value
$115,430
Average Angelina County Assessed Value
$99,135
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burke, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75941 | $16,204 | $49,712 | $115,430 | $180,052 | $269,575 |
Source: Ownwell
Property Tax Bills Across Burke, Texas
In Burke, located in Angelina County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. Local taxing authorities, such as school districts, municipalities, and other special districts, then apply their respective tax rates to this assessed value to determine the total tax bill. For homeowners in Burke, the median home price stands at $115,430. Property tax bills can vary significantly, with the 25th percentile tax bill at $629 and the 75th percentile reaching $2,565. At the 90th percentile, homeowners might see tax bills as high as $3,760. Comparatively, the national median property tax rate is 0.99%, making Burke's property tax landscape relatively moderate. These taxes fund essential public services, including schools, emergency services, and infrastructure, directly impacting the quality of life for residents. Understanding these factors can help homeowners better anticipate their financial obligations and plan accordingly.
Average Burke Tax Bill
$1,579
Average Angelina County Tax Bill
$1,582
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Burke, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75941 | $204 | $629 | $1,579 | $2,565 | $3,760 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Angelina Appraisal District | |
| Website | propaccess.trueautomation.com |