Rio Grande City, Texas Property Taxes
The median property tax rate in Rio Grande City, TX is 0.78%, which is lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $62,520, the typical annual property tax bill in Rio Grande City amounts to $445, significantly below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Rio Grande City's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Rio Grande City or another part of Starr County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rio Grande City, 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 RIO GRANDE CITY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in RIO GRANDE CITY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in RIO GRANDE CITY 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 Rio Grande City, Texas
Property taxes in Rio Grande City, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rio Grande City is 0.78%, lower than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Rio Grande City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rio Grande City 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 Rio Grande City's effective property tax rate to other counties in Texas and the national median. For comparison, the 78582 zip code has the highest median property tax rate of 0.78%, while the same zip code also has the lowest median tax rate of 0.78%. Understanding how these cities compare with Rio Grande City provides valuable insights into the varying tax landscape across Starr County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rio Grande City Tax Rate
0.78%
Average Starr County Tax Rate
0.79%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rio Grande City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78582 | 0.41% | 0.59% | 0.78% | 0.90% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Rio Grande City, Texas
In Rio Grande City, 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 Starr 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 Rio Grande City, 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. With a median home price of $62,520, property tax bills in Rio Grande City vary widely. The 25th percentile tax bill is $250, while the 75th percentile reaches $803. The highest median tax bill in the area is $445 in the 78582 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rio Grande City Assessed Value
$62,520
Average Starr County Assessed Value
$59,860
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rio Grande City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78582 | $22,230 | $38,590 | $62,520 | $115,895 | $197,760 |
Source: Ownwell
Property Tax Bills Across Rio Grande City, Texas
In Rio Grande City, located in Starr County, TX, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. Homeowners here can expect their tax bills to vary significantly, reflecting the diverse property values within the area. The median home price stands at $62,520. Property tax rates are applied to this assessed value to determine the final tax bill. For instance, homeowners in the 25th percentile typically see tax bills around $250, while those in the 75th percentile face bills closer to $803. At the higher end, the 90th percentile tax bills can reach up to $1,511. These figures illustrate the range of property taxes in the city, which can impact household budgets differently depending on the value of the home. Compared to the national median property tax rate of 0.99%, Rio Grande City's property tax rates reflect the local economic conditions and property values, ensuring that homeowners contribute fairly to community services and infrastructure.
Average Rio Grande City Tax Bill
$445
Average Starr County Tax Bill
$430
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Rio Grande City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78582 | $137 | $250 | $445 | $803 | $1,511 |
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 | |
|---|---|
| Starr Appraisal District | |
| Website | propaccess.trueautomation.com |