Tivoli, Texas Property Taxes
The median property tax rate in Tivoli, TX is 2.23%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Tivoli at $65,100, the typical annual property tax bill reaches $1,307, still below the national median of $2,690. Property taxes in Tivoli 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 Tivoli'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 Tivoli 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
Tivoli, 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 Tivoli Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tivoli with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tivoli 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 Tivoli, Texas
Property taxes in Tivoli, Texas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Tivoli stands at 2.23%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Tivoli set these rates annually, and they can vary considerably across different neighborhoods. Each year, Tivoli 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 Tivoli's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 77990 has both the highest and lowest median property tax rate of 2.23%. Understanding how these cities compare with Tivoli provides valuable insights into the varying tax landscape across Refugio County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tivoli Tax Rate
2.23%
Average Refugio County Tax Rate
2.20%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tivoli, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77990 | 1.19% | 1.72% | 2.23% | 2.83% | 2.83% |
Source: Ownwell
Property Tax Assessment Values Across Tivoli, Texas
In Tivoli, 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 Refugio 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 Tivoli, 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 Tivoli helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 77990, with a tax bill of $1,307.
Average Tivoli Assessed Value
$65,100
Average Refugio County Assessed Value
$86,620
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tivoli, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77990 | $9,996 | $30,730 | $65,100 | $113,950 | $158,830 |
Source: Ownwell
Property Tax Bills Across Tivoli, Texas
In Tivoli, located in Refugio County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Tivoli is $65,100, and the property tax rate is determined by local taxing authorities. This rate is applied to the assessed value to calculate the annual tax bill. Factors such as property improvements, market conditions, and changes in local tax rates can influence the assessed value and, consequently, the tax bill. For homeowners in Tivoli, the tax bill can vary significantly. The 25th percentile tax bill is $572, while the 75th percentile tax bill reaches $2,180. At the 90th percentile, homeowners may see a tax bill as high as $3,457. Despite these variations, the median tax bill in Tivoli is $1,307, which is above the national median property tax rate of 0.99%. Understanding these factors can help homeowners anticipate their property tax obligations and budget accordingly.
Average Tivoli Tax Bill
$1,307
Average Refugio County Tax Bill
$1,670
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Tivoli, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77990 | $163 | $572 | $1,307 | $2,180 | $3,457 |
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 | |
|---|---|
| Refugio Appraisal District | |
| Website | www.refugiocad.org |