Center, Texas Property Taxes
The median property tax rate in Center, TX is 1.52%, considerably higher than the national median of 0.99%, yet lower than the Texas state median of 1.67%. With the median home value in Center at $54,550, the typical annual property tax bill reaches $639, which is significantly below the national median of $2,690. Property taxes in Center 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 Center'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 Center 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
Center, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.52%
Estimate Property Tax Bill
$829
$767
Ownwell’s CENTER Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in CENTER with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in CENTER 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 Center, Texas
Property taxes in Center, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Center is 1.52%, higher than both the Texas state median of 1.6% and the U.S. national median of 0.99%. Local government entities within Center set these rates annually, and they can vary significantly across different neighborhoods. Each year, Center 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 Center's effective property tax rate to other counties in Texas and the national median. For comparison, the 75935 zip code has the highest median property tax rate of 1.52%, while the 75935 zip code has the lowest median tax rate of 1.52%. Understanding how these cities compare with Center provides valuable insights into the varying tax landscape across Shelby County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Center Tax Rate
1.52%
Average San Augustine County Tax Rate
1.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Center, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75935 | 1.20% | 1.52% | 1.52% | 1.52% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Center, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Center, Texas. 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 San Augustine 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 Center, 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. For example, the median home price in Center is $54,550, with tax bills ranging from $239 at the 25th percentile to $1,994 at the 90th percentile. The zip code with the highest median tax bill is 75935, which stands at $639. 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 Center helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Center Assessed Value
$54,550
Average San Augustine County Assessed Value
$60,840
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Center, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75935 | $4,795 | $18,872 | $54,550 | $90,320 | $136,171 |
Source: Ownwell
Property Tax Bills Across Center, Texas
In CENTER, located in San Augustine County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates properties to establish their market value. For homeowners in CENTER, the median home price is $54,550. The property tax rate in the area can significantly impact the tax bill. For example, the tax bill for homes in the 25th percentile is around $239, while homes in the 75th percentile see tax bills of approximately $1,361. For those in the 90th percentile, the tax bill can go up to $1,994. These tax bills are crucial for homeowners as they directly affect annual expenses. With the national median property tax rate at 0.99%, CENTER's tax figures provide a comparative perspective for homeowners assessing their financial commitments. Understanding these factors helps homeowners plan better for their yearly financial obligations.
Average Center Tax Bill
$639
Average San Augustine County Tax Bill
$792
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Center, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75935 | $67 | $239 | $639 | $1,361 | $1,994 |
Source: Ownwell