La Marque, Texas Property Taxes
The median property tax rate in LA MARQUE, TX is 1.94%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in LA MARQUE, the typical annual property tax bill reaches $3,497, exceeding the national median of $2,690. Property taxes in LA MARQUE are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding LA MARQUE'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 MARQUE 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 Marque, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.94%
Estimate Property Tax Bill
$4,367
$4,040
$1,148
Average La Marque, Texas Tax Savings
Ownwell’s LA MARQUE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LA MARQUE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LA MARQUE to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in LA MARQUE. 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 Marque, Texas
Property taxes in LA MARQUE, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in LA MARQUE is 1.94%, significantly higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within LA MARQUE set these rates annually, and they can vary significantly across different neighborhoods. Each year, LA MARQUE 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 MARQUE's effective property tax rate to other counties in Texas and the national median. For comparison, the 77568 zip code has the highest median property tax rate of 1.94%, while the same zip code also has the lowest median tax rate of 1.94%. Understanding how these cities compare with LA MARQUE provides valuable insights into the varying tax landscape across Galveston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average La Marque Tax Rate
1.94%
Average Galveston County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across La Marque, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77510 | N/A | N/A | N/A | N/A | N/A |
| 77568 | 0.36% | 0.96% | 1.94% | 2.46% | 2.87% |
Source: Ownwell
$1,148
Average La Marque Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across La Marque, Texas
In LA MARQUE, 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 Galveston 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 MARQUE, 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. Being aware of these valuation processes in LA MARQUE helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 77568 in LA MARQUE has both the highest and lowest median tax bills at $3,497.
Average La Marque Assessed Value
$225,099
Average Galveston County Assessed Value
$305,463
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across La Marque, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77510 | N/A | N/A | N/A | N/A | N/A |
| 77568 | $108,069 | $150,795 | $225,099 | $308,310 | $390,824 |
Source: Ownwell
$1,148
Average La Marque Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across La Marque, Texas
In LA MARQUE, located in Galveston's county, property tax bills are determined based on the assessed value of a home, which is derived from its market value. The median home price here is $225,099, and the tax rate is applied to this assessed value to calculate the tax bill. Various factors, such as property size, location, and market conditions, influence this assessed value. Homeowners in LA MARQUE can expect tax bills ranging from $1,640 at the 25th percentile to $8,911 at the 90th percentile, with a median tax bill of $3,497 in the 77568 zip code. High property taxes can significantly impact homeowners, making it crucial to ensure assessments are accurate. This is where Ownwell steps in. By offering property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax burdens. Their expertise ensures that assessments are fair, potentially saving homeowners hundreds or even thousands of dollars annually. Trust Ownwell to navigate the complexities of property tax appeals and secure the best possible outcome for your property tax bill.
Average La Marque Tax Bill
$3,497
Average Galveston County Tax Bill
$4,120
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across La Marque, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77510 | N/A | N/A | N/A | N/A | N/A |
| 77568 | $566 | $1,640 | $3,497 | $6,581 | $8,911 |
Source: Ownwell
$1,148
Average La Marque Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 17 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Galveston Appraisal District | |
| Website | esearch.galvestoncad.org |
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