Brookeland, Texas Property Taxes
The median property tax rate in Brookeland, TX is 1.40%, higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $163,664 in Brookeland, the typical annual property tax bill amounts to $1,291, which is below the national median of $2,690. Property taxes in Brookeland are calculated based on the tax assessed value, typically lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Brookeland'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 Brookeland or another part of Jasper County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brookeland, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$2,291
$2,120
Ownwell’s BROOKELAND Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BROOKELAND with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BROOKELAND 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 Brookeland, Texas
Property taxes in Brookeland, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brookeland is 1.40%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Brookeland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brookeland 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 Brookeland's effective property tax rate to other counties in Texas and the national median. For comparison, the 75931 zip code has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these cities compare with Brookeland provides valuable insights into the varying tax landscape across Jasper County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brookeland Tax Rate
1.40%
Average Jasper County Tax Rate
1.09%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brookeland, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75931 | 0.25% | 0.65% | 1.40% | 1.61% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Brookeland, Texas
In Brookeland, 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 Jasper 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 Brookeland, 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 Brookeland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 75931, both at $1,291.
Average Brookeland Assessed Value
$163,664
Average Jasper County Assessed Value
$100,074
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brookeland, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75931 | $20,438 | $53,509 | $163,664 | $329,591 | $509,385 |
Source: Ownwell
Property Tax Bills Across Brookeland, Texas
In Brookeland, located in Jasper County, TX, property tax bills are calculated based on the assessed value of a home. The median home price in Brookeland is $163,664. Property taxes are determined by multiplying the assessed value by the local tax rate. In this area, tax bills can vary significantly. For instance, the 25th percentile tax bill is $449, while the 75th percentile tax bill is $3,351. At the higher end, the 90th percentile tax bill reaches $6,419. Several factors influence these tax bills, including the home's assessed value, local tax rates, and applicable exemptions. These taxes fund essential community services such as schools, emergency services, and infrastructure, directly impacting homeowners. While the median tax bill in Brookeland is $1,291, which falls below the national median property tax rate of 0.99%, it still represents a significant annual expense for homeowners. Understanding these factors helps homeowners better prepare for their financial responsibilities and potential savings through exemptions or appeals.
Average Brookeland Tax Bill
$1,291
Average Jasper County Tax Bill
$781
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Brookeland, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75931 | $150 | $449 | $1,291 | $3,351 | $6,419 |
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 | |
|---|---|
| Jasper Appraisal District | |
| Website | propaccess.trueautomation.com |