Donley County Property Taxes
The median property tax rate in Donley County is 2.20%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Donley County, the typical annual property tax bill reaches $745, which is well below the national median of $2,690. Property taxes in Donley County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Donley County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Clarendon or another part of Donley County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Donley County 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 Donley County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Donley County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Donley County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Donley County, Texas
Property taxes in Donley County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Donley County is 2.20%, which is higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Donley County set these rates annually, and they can vary significantly between different areas within the county. Each year, Donley County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Clarendon has one of the higher property tax rates in Texas at 2.44%, while the city of Canyon Lake boasts one of the lowest at 0.66%. Analyzing how Donley County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Donley County Tax Rate
2.20%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Donley County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Canyon Lake | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% |
Clarendon | 1.76% | 2.20% | 2.44% | 2.44% | 2.44% |
Hedley | 1.10% | 1.83% | 2.05% | 2.05% | 2.05% |
Howardwick | 2.20% | 2.20% | 2.20% | 2.20% | 2.20% |
Lelia Lake | 1.01% | 1.68% | 1.83% | 1.83% | 1.83% |
Mclean | 0.38% | 0.50% | 0.91% | 1.50% | 1.64% |
Memphis | 0.64% | 0.99% | 1.56% | 1.62% | 1.65% |
Source: Ownwell
Property Tax Assessment Values Across Donley County, Texas
In Donley County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Donley County Appraisal District. The assessed value, however, 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. Assessment notices in Donley County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Donley County's highest median tax bill is found in Canyon Lake at $2,513, while the lowest is in Memphis at $428. Being aware of these valuation processes in Donley County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Donley County Assessed Value
$35,022
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Donley County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Canyon Lake | $381,355 | $381,355 | $381,355 | $381,355 | $381,355 |
Clarendon | $5,521 | $16,186 | $37,750 | $81,116 | $141,942 |
Hedley | $3,372 | $9,426 | $24,080 | $51,043 | $125,055 |
Howardwick | $6,599 | $14,408 | $29,904 | $60,638 | $88,604 |
Lelia Lake | $8,373 | $23,034 | $61,617 | $80,640 | $230,376 |
Mclean | $58,729 | $73,497 | $110,336 | $179,529 | $262,549 |
Memphis | $12,234 | $28,782 | $56,361 | $80,352 | $94,746 |
Source: Ownwell
Property Tax Bills Across Donley County, Texas
In Donley County, TX, property tax bills are calculated based on the assessed value of a property, which is determined by the local appraisal district. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including the property's size, location, and condition, as well as recent sales of comparable properties in the area. Homeowners in Donley County can expect a range of tax bills. For instance, the 25th percentile tax bill is $326, while the 75th percentile tax bill reaches $1,428. At the 90th percentile, homeowners may face a tax bill as high as $2,627. Comparatively, the national median property tax rate is 0.99%, making Donley County's rates competitive within the broader context. The impact on homeowners can be significant, especially when considering the highest median tax bill in nearby Canyon Lake at $2,513 versus the lowest in Memphis at $428. These variations highlight the importance of understanding local tax rates and assessed values to budget effectively for property taxes.
Average Donley County Tax Bill
$745
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Donley County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Canyon Lake | $2,513 | $2,513 | $2,513 | $2,513 | $2,513 |
Clarendon | $125 | $377 | $837 | $1,637 | $2,904 |
Hedley | $69 | $193 | $464 | $904 | $1,539 |
Howardwick | $145 | $316 | $648 | $1,318 | $1,937 |
Lelia Lake | $122 | $422 | $926 | $1,384 | $2,302 |
Mclean | $667 | $846 | $935 | $1,101 | $1,422 |
Memphis | $102 | $224 | $428 | $654 | $790 |
Source: Ownwell