Avery, Texas Property Taxes
The median property tax rate in Avery, TX is 1.28%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $117,022 in Avery, the typical annual property tax bill amounts to $1,405, surpassing the national median of $2,690. Property taxes in Avery are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Avery'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 Avery 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
Avery, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$1,498
$1,386
Ownwell’s Avery Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Avery. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Avery to provide an accurate estimate of your property tax bill. This user-friendly tool helps you understand your potential tax liabilities, ensuring you are well-prepared for any financial obligations. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, as determined by the county, is used for these calculations, factoring in any applicable exemptions.
Property Tax Rates Across Avery, Texas
Property taxes in Avery, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Avery is 1.28%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Avery set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avery 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 Avery's effective property tax rate to other counties in Texas and the national median. For comparison, the 75554 zip code has the highest median property tax rate of 1.28%, while the same zip code also has the lowest median tax rate of 1.28%. Understanding how these cities compare with Avery provides valuable insights into the varying tax landscape across Bowie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Avery Tax Rate
1.28%
Average Bowie County Tax Rate
1.79%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Avery, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75554 | 1.10% | 1.21% | 1.28% | 1.35% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Avery, Texas
In Avery, 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 Bowie 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 Avery, 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. The median home price in Avery is $117,022, with property tax bills ranging from $484 at the 25th percentile to $3,298 at the 90th percentile. The highest and lowest median tax bills are both found in the 75554 zip code, each at $1,405. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Avery Assessed Value
$117,022
Average Bowie County Assessed Value
$119,330
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Avery, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75554 | $12,282 | $39,320 | $117,022 | $188,214 | $288,718 |
Source: Ownwell
Property Tax Bills Across Avery, Texas
In Avery, TX, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is determined by the local tax assessor and is a percentage of the property's market value. Several factors influence this assessed value, including the property's size, location, and any improvements made. Homeowners in Avery can expect varying tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is $484, while the 75th percentile reaches $2,335, and the 90th percentile climbs to $3,298. These figures illustrate the range of property tax burdens residents might face. The median home price in Avery is $117,022, which plays a significant role in determining the tax bill. Compared to the national median property tax rate of 0.99%, Avery's property tax rates may seem favorable or burdensome depending on individual circumstances. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their finances accordingly.
Average Avery Tax Bill
$1,405
Average Bowie County Tax Bill
$2,049
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Avery, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75554 | $165 | $484 | $1,405 | $2,335 | $3,298 |
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 | |
|---|---|
| Bowie Appraisal District | |
| Website | bowieappraisal.com |