Jersey Village, Texas Property Taxes
The median property tax rate in Jersey Village, TX is 1.71%, noticeably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Jersey Village at $326,832, the typical annual property tax bill reaches $5,415, surpassing the national median of $2,690. Property taxes in Jersey Village are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Jersey Village'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 Jersey Village 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
Jersey Village, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.71%
Estimate Property Tax Bill
$5,589
-$58,571
$1,148
Average Jersey Village, Texas Tax Savings
Ownwell’s Jersey Village Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jersey Village with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jersey Village 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 Jersey Village. 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 Harris County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Jersey Village, Texas
Property taxes in Jersey Village, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jersey Village is 1.71%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Jersey Village set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jersey Village 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 Jersey Village's effective property tax rate to other counties in Texas and the national median. For comparison, the 77041 zip code has the highest median property tax rate of 1.94%, while 77040 has the lowest median tax rate of 1.69%. Understanding how these cities compare with Jersey Village provides valuable insights into the varying tax landscape across Harris County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jersey Village Tax Rate
1.71%
Average Harris County Tax Rate
1.78%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jersey Village, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77040 | 0.64% | 0.91% | 1.69% | 1.91% | 2.68% |
| 77041 | 1.94% | 1.94% | 1.94% | 1.94% | 1.94% |
| 77064 | 0.94% | 1.18% | 1.76% | 1.82% | 2.68% |
Source: Ownwell
$1,148
Average Jersey Village Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Jersey Village, Texas
In Jersey Village, 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 Harris 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 Jersey Village, 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 highest median tax bill in the area is $7,455 in zip code 77064, whereas the lowest is $549 in zip code 77041. 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 Jersey Village helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jersey Village Assessed Value
$326,832
Average Harris County Assessed Value
$240,543
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jersey Village, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77040 | $245,000 | $274,550 | $313,812 | $391,759 | $546,320 |
| 77041 | $28,304 | $28,304 | $28,304 | $28,304 | $28,304 |
| 77064 | $352,730 | $378,542 | $427,904 | $496,436 | $566,636 |
Source: Ownwell
$1,148
Average Jersey Village Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Jersey Village, Texas
In Jersey Village, Harris County, TX, property tax bills are calculated based on the assessed value of your home and the local tax rate. With a median home price of $326,832, the tax rate is applied to this assessed value to determine your tax bill. Factors such as location, property condition, and improvements can influence the assessed value. The tax bills in Jersey Village range significantly, from the 25th percentile at $3,035 to the 90th percentile at $9,722, reflecting the diversity in property values and assessments. Homeowners in Jersey Village can face high property tax bills, especially when compared to the national median property tax rate of 0.99%. This makes it crucial to ensure your property is accurately assessed. Ownwell offers expert property tax appeal and exemption services to help you potentially reduce your tax bill. By analyzing your property’s assessment and identifying discrepancies, Ownwell can assist in lowering your tax obligations, providing substantial savings and financial relief.
Average Jersey Village Tax Bill
$5,415
Average Harris County Tax Bill
$4,078
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Jersey Village, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77040 | $1,838 | $2,792 | $5,167 | $7,067 | $9,335 |
| 77041 | $549 | $549 | $549 | $549 | $549 |
| 77064 | $3,781 | $5,447 | $7,455 | $9,227 | $10,661 |
Source: Ownwell
$1,148
Average Jersey Village Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 20 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Harris Appraisal District | |
| Phone | (713) 957-7800 |
| Website | hcad.org |
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