Moore County Property Taxes
The median property tax rate in Moore County is 1.99%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Moore County, the typical annual property tax bill reaches $1,748, which, while lower than the national median of $2,690, still represents a substantial expense for homeowners. Property taxes in Moore County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Moore County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Dumas or another part of Moore County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Moore County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Moore County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Moore County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Moore County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Moore County, Texas
Property taxes in Moore County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Moore County is 1.99%, which is higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Moore County set these rates annually, and they can vary significantly between different areas within the county. Each year, Moore County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Moore County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Cactus has one of the higher property tax rates in Texas at 2.33%, while the city of Fritch boasts one of the lowest at 0.77%. Analyzing how Moore County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Moore County Tax Rate
1.99%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moore County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cactus | 0.52% | 1.22% | 2.33% | 2.59% | 2.59% |
| Channing | 0.82% | 1.04% | 1.51% | 1.68% | 1.86% |
| Dalhart | 0.84% | 0.84% | 0.84% | 0.84% | 0.84% |
| Dumas | 0.73% | 1.37% | 1.94% | 2.42% | 2.50% |
| Fritch | 0.21% | 0.50% | 0.77% | 0.77% | 0.86% |
| Stinnett | 0.63% | 0.68% | 0.81% | 1.17% | 2.19% |
| Sunray | 0.55% | 1.13% | 2.22% | 2.46% | 2.51% |
Source: Ownwell
Property Tax Assessment Values Across Moore County, Texas
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Moore County, Texas. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Moore County Appraisal District. The assessed value, however, 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. Assessment notices in Moore County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Moore County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Moore County, the highest median tax bill is found in Channing at $2,640, while the lowest is in Fritch at $138.
Average Moore County Assessed Value
$109,905
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moore County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cactus | $7,207 | $13,370 | $19,430 | $34,795 | $74,191 |
| Channing | $85,425 | $133,652 | $159,805 | $285,042 | $434,250 |
| Dalhart | $249,610 | $249,610 | $249,610 | $249,610 | $249,610 |
| Dumas | $17,479 | $70,780 | $125,040 | $187,575 | $260,334 |
| Fritch | $1,500 | $3,225 | $20,075 | $133,935 | $232,845 |
| Stinnett | $86,924 | $151,170 | $193,500 | $286,230 | $335,882 |
| Sunray | $15,910 | $47,270 | $90,490 | $141,980 | $205,590 |
Source: Ownwell
Property Tax Bills Across Moore County, Texas
In Moore County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local tax rate to determine the annual tax bill. Factors influencing the tax bill include the property's market value, any applicable exemptions, and the specific tax rate set by local taxing authorities. For instance, while the national median property tax rate is 0.99%, the rates can vary significantly within the county. Homeowners in Moore County can expect a wide range in their tax bills. The 25th percentile tax bill is around $544, while the 75th percentile reaches up to $3,016. At the higher end, the 90th percentile tax bill can be as much as $4,345. The city with the highest median tax bill is Channing at $2,640, whereas Fritch has the lowest at $138. These variations can significantly impact homeowners' financial planning and budgeting.
Average Moore County Tax Bill
$1,748
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Moore County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cactus | $67 | $213 | $422 | $675 | $1,272 |
| Channing | $1,405 | $1,565 | $2,640 | $3,312 | $4,677 |
| Dalhart | $2,089 | $2,089 | $2,089 | $2,089 | $2,089 |
| Dumas | $306 | $911 | $2,136 | $3,312 | $4,640 |
| Fritch | $11 | $21 | $138 | $441 | $1,037 |
| Stinnett | $728 | $1,056 | $1,664 | $2,606 | $3,329 |
| Sunray | $230 | $549 | $1,428 | $2,461 | $3,636 |
Source: Ownwell