Odem, Texas Property Taxes
The median property tax rate in Odem, TX is 1.72%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Odem at $159,319, the typical annual property tax bill reaches $2,485, which is below the national median of $2,690. Property taxes in Odem 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 Odem'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 Odem 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
Odem, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.72%
Estimate Property Tax Bill
$2,740
$2,535
Ownwell’s Odem Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Odem with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Odem 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 Odem, Texas
Property taxes in Odem, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Odem is 1.72%, significantly higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Odem set these rates annually, and they can vary significantly across different neighborhoods. Each year, Odem 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 Odem's effective property tax rate to other counties in Texas and the national median. For comparison, the 78370 zip code has the highest median property tax rate of 1.72%, while the 78370 zip code also has the lowest median tax rate of 1.72%. Understanding how these cities compare with Odem provides valuable insights into the varying tax landscape across San Patricio County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Odem Tax Rate
1.72%
Average San Patricio County Tax Rate
1.88%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Odem, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78370 | 1.12% | 1.40% | 1.72% | 1.90% | 2.26% |
Source: Ownwell
Property Tax Assessment Values Across Odem, Texas
In Odem, 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 San Patricio 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. 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. The median home price in Odem is $159,319. The highest median tax bill is $2485 in the 78370 zip code, while the lowest median tax bill is also $2485 in the same zip code. Being aware of these valuation processes in Odem helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Odem Assessed Value
$159,319
Average San Patricio County Assessed Value
$177,138
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Odem, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78370 | $41,412 | $85,980 | $159,319 | $246,290 | $353,523 |
Source: Ownwell
Property Tax Bills Across Odem, Texas
In Odem, located in San Patricio County, Texas, property tax bills are calculated based on the assessed value of a home. The process begins with the county appraiser determining the market value of the property. This value is then multiplied by the local tax rate to calculate the annual tax bill. Factors such as the property's location, size, and condition play a significant role in determining its market value. For homeowners in Odem, the median home price is $159,319. The property tax rate in San Patricio County is slightly above the national median of 0.99%, resulting in varying tax bills. For instance, the 25th percentile tax bill is $1,329, while the 75th percentile reaches $4,282, and the 90th percentile can be as high as $6,006. This variability means that homeowners with more valuable properties or those in prime locations may face higher tax obligations. Understanding these factors helps homeowners anticipate their annual property tax bills and plan their finances accordingly.
Average Odem Tax Bill
$2,485
Average San Patricio County Tax Bill
$3,126
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Odem, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78370 | $659 | $1,329 | $2,485 | $4,282 | $6,006 |
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 | |
|---|---|
| San Patricio Appraisal District | |
| Website | esearch.sanpatcad.org |