Saint Jo, Texas Property Taxes
The median property tax rate in Saint Jo, TX is 2.07%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $114,790 in Saint Jo, the typical annual property tax bill reaches $1,944, which is below the national median of $2,690. Property taxes in Saint Jo are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Saint Jo'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 Saint Jo or another part of Montague County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Jo, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.07%
Estimate Property Tax Bill
$2,376
$2,199
Ownwell’s SAINT JO Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SAINT JO with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SAINT JO 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 Saint Jo, Texas
Property taxes in Saint Jo, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Jo is 2.07%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Saint Jo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Jo 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 Saint Jo's effective property tax rate to other counties in Texas and the national median. For comparison, the 76265 zip code has both the highest and lowest median property tax rates at 2.07%. Understanding how these cities compare with Saint Jo provides valuable insights into the varying tax landscape across Montague County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Jo Tax Rate
2.07%
Average Montague County Tax Rate
1.38%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Jo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76265 | 0.99% | 1.41% | 2.07% | 2.16% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Saint Jo, Texas
In SAINT JO, 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 Montague 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 SAINT JO, 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 SAINT JO helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 76265 has the highest median tax bill of $1,944, which is significantly lower than the national median property tax rate of 0.99%.
Average Saint Jo Assessed Value
$114,790
Average Montague County Assessed Value
$136,020
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Jo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76265 | $27,310 | $58,290 | $114,790 | $241,860 | $605,444 |
Source: Ownwell
Property Tax Bills Across Saint Jo, Texas
In Saint Jo, Montague County, TX, property tax bills are calculated based on the assessed value of your home and the local property tax rate. The assessed value is determined by the county appraisal district, which evaluates the market value of your property. This value is then multiplied by the local tax rate to determine your annual tax bill. For homeowners in Saint Jo, the median home price is $114,790. Property tax bills can vary significantly, with the 25th percentile at $1,002 and the 75th percentile reaching $3,745. At the higher end, the 90th percentile tax bill can be as much as $7,014. These figures indicate that property taxes in Saint Jo can have a considerable impact on household budgets. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners to understand how local rates and assessed values influence their tax obligations. This knowledge can help homeowners plan their finances more effectively and explore potential tax exemptions or appeals.
Average Saint Jo Tax Bill
$1,944
Average Montague County Tax Bill
$1,909
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Jo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76265 | $501 | $1,002 | $1,944 | $3,745 | $7,014 |
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 | |
|---|---|
| Montague Appraisal District | |
| Website | iswdataclient.azurewebsites.net |