La Grange, Texas Property Taxes
The median property tax rate in LA GRANGE, TX is 1.13%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $259,570 in LA GRANGE, the typical annual property tax bill is $2,627, just below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding LA GRANGE'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 LA GRANGE 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
La Grange, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$2,933
$2,714
Ownwell’s LA GRANGE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LA GRANGE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LA GRANGE 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 La Grange, Texas
Property taxes in LA GRANGE, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in LA GRANGE is 1.13%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within LA GRANGE set these rates annually, and they can vary significantly across different neighborhoods. Each year, LA GRANGE 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 LA GRANGE's effective property tax rate to other counties in Texas and the national median. For comparison, the 78945 ZIP code has both the highest and lowest median property tax rate of 1.13%. Understanding how these cities compare with LA GRANGE provides valuable insights into the varying tax landscape across Fayette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average La Grange Tax Rate
1.13%
Average Fayette County Tax Rate
1.14%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across La Grange, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78945 | 0.47% | 0.97% | 1.13% | 1.24% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across La Grange, Texas
In LA GRANGE, Texas, understanding the difference between "market value" and "assessed value" is essential 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 Fayette 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 LA GRANGE, 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 LA GRANGE is $259,570. The tax bills vary significantly, with the 25th percentile at $1,262 and the 75th percentile reaching $4,010. The highest median tax bill in the area is $2,627 in the 78945 zip code, which also has the lowest median tax bill. Understanding these valuation processes helps property owners identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average La Grange Assessed Value
$259,570
Average Fayette County Assessed Value
$251,650
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across La Grange, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78945 | $42,628 | $124,625 | $259,570 | $440,140 | $719,364 |
Source: Ownwell
Property Tax Bills Across La Grange, Texas
In La Grange, Fayette County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in La Grange experience a range of property tax bills depending on their home's value. For instance, the 25th percentile tax bill is $1,262, while the 75th percentile tax bill is $4,010, and the 90th percentile tax bill reaches up to $5,602. The median home price in La Grange is $259,570, which influences the overall tax liability. Homeowners with properties closer to the median value can expect their tax bills to reflect this average. Compared to the national median property tax rate of 0.99%, the tax rates in La Grange can result in significant variations in tax bills, impacting homeowners' financial planning and budgeting. Understanding these factors helps homeowners anticipate their property tax obligations more accurately.
Average La Grange Tax Bill
$2,627
Average Fayette County Tax Bill
$2,303
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across La Grange, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78945 | $478 | $1,262 | $2,627 | $4,010 | $5,602 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Fayette Appraisal District | |
Website | esearch.fayettecad.org |