Onalaska, Texas Property Taxes
The median property tax rate in Onalaska, TX is 1.33%, which is considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Onalaska at $90,411, the typical annual property tax bill reaches $902, falling below the national median of $2,690. Property taxes in Onalaska are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Onalaska'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 Onalaska or another part of Polk County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Onalaska, Texas 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 Onalaska Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Onalaska with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Onalaska to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Onalaska, Texas
Property taxes in Onalaska, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Onalaska is 1.33%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Onalaska set these rates annually, and they can vary significantly across different neighborhoods. Each year, Onalaska 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 Onalaska's effective property tax rate to other counties in Texas and the national median. For comparison, the 77360 zip code has the highest median property tax rate of 1.33%, while the 77360 zip code also has the lowest median tax rate of 1.33%. Understanding how these cities compare with Onalaska provides valuable insights into the varying tax landscape across Polk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Onalaska Tax Rate
1.33%
Average Polk County Tax Rate
1.14%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Onalaska, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77360 | 0.35% | 0.86% | 1.33% | 1.64% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Onalaska, Texas
In Onalaska, 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 Polk 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 Onalaska, 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 Onalaska helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $902.00, and this value is consistent across zip code 77360.
Average Onalaska Assessed Value
$90,411
Average Polk County Assessed Value
$100,271
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Onalaska, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77360 | $12,435 | $34,284 | $90,411 | $193,602 | $350,972 |
Source: Ownwell
Property Tax Bills Across Onalaska, Texas
Property tax bills in Onalaska, located in Polk County, TX, are calculated based on the assessed value of a property and the applicable tax rate. The assessed value is determined by the county assessor, who evaluates the market value of the property. This value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with the median home price in Onalaska at $90,411, homeowners can expect varying tax bills. The 25th percentile tax bill is $289, while the 75th percentile reaches $2,243. For those in the 90th percentile, tax bills can be as high as $4,718. The highest and lowest median tax bills in the region are both recorded at $902 in the 77360 zip code. Compared to the national median property tax rate of 0.99%, Onalaska's rates can significantly impact homeowners, particularly those with higher-valued properties. Understanding these factors is crucial for homeowners to manage their finances and anticipate annual property tax obligations.
Average Onalaska Tax Bill
$902
Average Polk County Tax Bill
$831
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Onalaska, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77360 | $102 | $289 | $902 | $2,243 | $4,718 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Polk Appraisal District | |
Website | propaccess.trueautomation.com |