Avoca, Texas Property Taxes
The median property tax rate in Avoca, TX is 1.18%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Avoca at $178,140, the typical annual property tax bill amounts to $1,913, which is below the national median of $2,690. Property taxes in Avoca 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 Avoca'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 Avoca 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
Avoca, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$2,102
$1,945
Ownwell’s Avoca Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Avoca with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Avoca 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 Avoca, Texas
Property taxes in Avoca, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Avoca is 1.18%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Avoca set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avoca 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 Avoca's effective property tax rate to other counties in Texas and the national median. For comparison, the 79503 zip code has the highest median property tax rate of 1.18%, while the 79503 zip code also has the lowest median tax rate of 1.18%. Understanding how these cities compare with Avoca provides valuable insights into the varying tax landscape across Jones County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Avoca Tax Rate
1.18%
Average Jones County Tax Rate
1.86%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Avoca, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79503 | 0.66% | 0.99% | 1.18% | 1.53% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Avoca, Texas
In Avoca, 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 Jones 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 Avoca, 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 Avoca helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Avoca is $1913 in the 79503 zip code, which also has the lowest median tax bill, indicating uniformity in tax burdens within this area.
Average Avoca Assessed Value
$178,140
Average Jones County Assessed Value
$99,290
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Avoca, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79503 | $44,938 | $89,675 | $178,140 | $279,695 | $424,940 |
Source: Ownwell
Property Tax Bills Across Avoca, Texas
In Avoca, property tax bills are calculated based on the assessed value of a home and the local tax rate set by Jones County. The median home price in Avoca is $178,140, and the property tax rate in this region is determined by various local taxing authorities. Homeowners in Avoca can expect their tax bills to vary significantly, with the 25th percentile tax bill at $1,154 and the 75th percentile reaching $3,198. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. For instance, properties in the zip code 79503 have a median tax bill of $1,913. These property taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Avoca’s property taxes can be relatively high, affecting the overall affordability and cost of living for residents.
Average Avoca Tax Bill
$1,913
Average Jones County Tax Bill
$1,671
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Avoca, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79503 | $405 | $1,154 | $1,913 | $3,198 | $4,377 |
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 | |
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Jones Appraisal District | |
Website | www.jonescad.org |