White Settlement, Texas Property Taxes
The median property tax rate in White Settlement, TX is 1.66%, slightly lower than the state median of 1.67% but still considerably higher than the national median of 0.99%. With a median home value of $28,296, the typical annual property tax bill in White Settlement reaches $2,487, which is below the national median of $2,690. Property taxes in White Settlement are calculated based on the tax assessed value, which often falls below the market value due to exemptions like primary residence and agricultural exemptions. Understanding White Settlement'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 White Settlement 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
White Settlement, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.66%
Estimate Property Tax Bill
$470
$435
$1,148
Average White Settlement, Texas Tax Savings
Ownwell’s White Settlement Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in White Settlement with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in White Settlement to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in White Settlement. 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 White Settlement, Texas
Property taxes in White Settlement, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in White Settlement is 1.66%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within White Settlement set these rates annually, and they can vary significantly across different neighborhoods. Each year, White Settlement 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 White Settlement's effective property tax rate to other counties in Texas and the national median. For comparison, the 76108 zip code has the highest median property tax rate of 1.66%, while the same zip code also has the lowest median tax rate of 1.66%. Understanding how these cities compare with White Settlement provides valuable insights into the varying tax landscape across Tarrant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average White Settlement Tax Rate
1.66%
Average Tarrant County Tax Rate
1.70%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across White Settlement, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76108 | 1.39% | 1.48% | 1.66% | 1.82% | 2.56% |
Source: Ownwell
$1,148
Average White Settlement Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across White Settlement, Texas
In White Settlement, 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 Tarrant 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 White Settlement, 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 White Settlement helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in White Settlement is $2487 in the 76108 zip code, while the lowest median tax bill is also $2487 in the same zip code.
Property Tax Assessment Values Across White Settlement, Texas
Source: Ownwell
$13,373
$1,524,308
$3,035,243
Average White Settlement Assessed Value
$28,296
Average Tarrant County Assessed Value
$306,713
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across White Settlement, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76108 | $23,085 | $25,226 | $28,296 | $35,131 | $270,254 |
Source: Ownwell
$1,148
Average White Settlement Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across White Settlement, Texas
In White Settlement, located in Tarrant County, TX, property tax bills are calculated based on the assessed value of your home, which is determined by the local appraisal district. The assessed value is then multiplied by the local property tax rate to determine your tax bill. For example, with a median home price of $28,296, homeowners in White Settlement can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $525, while the 75th percentile reaches up to $4,806, and the 90th percentile can be as high as $5,212. Comparatively, the national median property tax rate is 0.99%, making Tarrant County's rates potentially higher for some homeowners. Homeowners facing high property tax bills can benefit from Ownwell's property tax appeal and exemption services. Ownwell helps identify inaccuracies in assessed values and assists in filing appeals to lower your tax bill. By leveraging their expertise, homeowners can potentially save hundreds or even thousands of dollars annually.
Average White Settlement Tax Bill
$2,487
Average Tarrant County Tax Bill
$5,114
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across White Settlement, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76108 | $450 | $525 | $2,487 | $4,806 | $5,212 |
Source: Ownwell
$1,148
Average White Settlement Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
---|---|
Appeal Deadline | May 24 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
---|---|
Tarrant Appraisal District | |
Phone | (817) 284-0024 |
Website | www.tad.org |
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