East Bernard, Texas Property Taxes
The median property tax rate in East Bernard, TX is 1.17%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in East Bernard at $58,300, the typical annual property tax bill is $550, significantly below the national median of $2,690. Property taxes in East Bernard are calculated based on the tax assessed value, which often falls below market value due to exemptions such as those for primary residences and agricultural use. Understanding East Bernard's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of East Bernard 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
East Bernard, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$682
$631
Ownwell’s East Bernard Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in East Bernard. By simply entering your property's estimated assessed value, the calculator applies the median tax rate in East Bernard to provide an accurate property tax bill estimate. This insightful tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across East Bernard, Texas
Property taxes in East Bernard, Texas, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in East Bernard is 1.15%, significantly higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within East Bernard set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Bernard 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 East Bernard's effective property tax rate to other counties in Texas and the national median. For comparison, the ZIP code 77435 has the highest median property tax rate of 1.15%, while the same ZIP code also has the lowest median tax rate of 1.15%. Understanding how these cities compare with East Bernard provides valuable insights into the varying tax landscape across Wharton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average East Bernard Tax Rate
1.17%
Average Colorado County Tax Rate
1.13%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Bernard, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77435 | 0.48% | 0.65% | 1.17% | 1.67% | 1.83% |
Source: Ownwell
Property Tax Assessment Values Across East Bernard, Texas
In East Bernard, 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 Colorado 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 East Bernard, 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. East Bernard's median home price is $58,300, and tax bills can range significantly, with the 25th percentile at $230 and the 90th percentile at $6,747. The highest and lowest median tax bills are both $550 in the 77435 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average East Bernard Assessed Value
$58,300
Average Colorado County Assessed Value
$111,020
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across East Bernard, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77435 | $6,940 | $10,450 | $58,300 | $230,060 | $553,826 |
Source: Ownwell
Property Tax Bills Across East Bernard, Texas
In East Bernard, 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 intended to reflect the property's market value. Once the assessed value is established, the tax rate, set by local taxing authorities, is applied to calculate the annual tax bill. For example, with a median home price of $58,300 in East Bernard, the property tax can vary significantly. Homeowners in the 25th percentile might see tax bills around $230, while those in the 75th percentile could face bills as high as $4,804. At the 90th percentile, tax bills can reach up to $6,747. These tax bills directly impact homeowners by influencing their annual expenses and potentially affecting their ability to maintain or improve their property. Compared to the national median property tax rate of 0.99%, the variation in East Bernard underscores the importance of understanding local tax rates and how they can affect financial planning for homeowners.
Average East Bernard Tax Bill
$550
Average Colorado County Tax Bill
$1,356
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across East Bernard, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77435 | $106 | $230 | $550 | $4,804 | $6,747 |
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 | |
|---|---|
| Colorado Appraisal District | |
| Website | propaccess.trueautomation.com |