Taylor County Property Taxes
The median property tax rate in Taylor County is 2.16%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $148,796, the typical annual property tax bill in Taylor County reaches $3,051, surpassing the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Taylor County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Abilene or another part of Taylor County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Taylor County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.16%
Estimate Property Tax Bill
$3,214
$2,974
$1,148
Average Taylor County Tax Savings
Ownwell’s Taylor County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Taylor County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Taylor County to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also highlights how Ownwell can help lower property taxes in Taylor County. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Taylor County, Texas
Property taxes in Taylor County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Taylor County is 2.16%, which is higher than both the Texas state median of 1.83% and the U.S. national median of 0.99%. Local government entities within Taylor County set these rates annually, and they can vary significantly between different areas within the county. Each year, Taylor County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Taylor County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Abilene has one of the higher property tax rates in Texas at 2.22%, while the city of Callahan Co Entrance boasts one of the lowest at 0.60%. Analyzing how Taylor County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Taylor County Tax Rate
2.16%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Taylor County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Abilene | 1.43% | 2.01% | 2.22% | 2.31% | 2.31% |
Buffalo Gap | 1.23% | 1.37% | 1.44% | 1.83% | 1.83% |
Callahan Co Entrance | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Dyess Afb | 1.35% | 1.66% | 1.82% | 1.82% | 1.97% |
Goldsboro | 0.52% | 0.66% | 0.88% | 1.16% | 1.33% |
Lawn | 0.71% | 1.22% | 1.46% | 1.82% | 1.82% |
Merkel | 1.01% | 1.34% | 1.76% | 1.97% | 1.97% |
Ovalo | 0.37% | 0.82% | 1.36% | 1.44% | 1.44% |
Trent | 1.00% | 1.32% | 1.56% | 1.73% | 1.73% |
Tuscola | 1.18% | 1.35% | 1.43% | 1.44% | 1.68% |
Tye | 1.01% | 1.86% | 2.01% | 2.01% | 2.01% |
Wingate | 0.21% | 0.48% | 1.23% | 1.58% | 1.58% |
Winters | 0.39% | 0.54% | 1.38% | 1.44% | 1.44% |
Source: Ownwell
$1,148
Average Taylor County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Taylor County, Texas
In Taylor County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Taylor County Appraisal District. The assessed value, however, 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 in Taylor County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Taylor County has a median home price of $148,796, with tax bills varying significantly. For example, Winters has the lowest median tax bill at $435, while Callahan Co Entrance has the highest at $6,074. Being aware of these valuation processes in Taylor County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Taylor County Assessed Value
$148,796
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Taylor County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Abilene | $47,894 | $82,102 | $151,024 | $240,383 | $341,373 |
Buffalo Gap | $20,908 | $48,976 | $124,337 | $254,298 | $450,141 |
Callahan Co Entrance | $1,004,537 | $1,004,537 | $1,004,537 | $1,004,537 | $1,004,537 |
Dyess Afb | $2,382 | $9,668 | $41,422 | $110,060 | $173,041 |
Goldsboro | $66,678 | $87,678 | $122,676 | $202,746 | $250,788 |
Lawn | $13,166 | $33,468 | $77,377 | $207,890 | $472,054 |
Merkel | $14,394 | $36,837 | $77,690 | $142,556 | $255,114 |
Ovalo | $31,641 | $91,044 | $253,958 | $413,759 | $542,959 |
Trent | $8,945 | $29,794 | $62,466 | $108,036 | $175,045 |
Tuscola | $74,495 | $166,265 | $294,378 | $395,740 | $504,910 |
Tye | $4,387 | $14,604 | $32,782 | $68,151 | $115,210 |
Wingate | $30,159 | $57,872 | $177,843 | $375,004 | $648,230 |
Winters | $7,119 | $15,771 | $69,391 | $220,218 | $414,141 |
Source: Ownwell
$1,148
Average Taylor County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Taylor County, Texas
Property tax bills in Taylor County, TX, are calculated based on the assessed value of your property, which is determined by the local appraisal district. The assessed value is then multiplied by the local tax rate to determine your annual tax bill. In Taylor County, the median home price is $148,796, and tax bills can vary significantly. For instance, the 25th percentile tax bill is $1,500, while the 75th percentile reaches $4,905, and the 90th percentile can go up to $6,681. Comparatively, the national median property tax rate is 0.99%, making Taylor County's rates relatively high. Several factors influence your tax bill, including property size, location, and improvements. These taxes can place a considerable financial burden on homeowners. However, Ownwell can help by providing expert property tax appeal and exemption services. Our team works diligently to ensure your property is fairly assessed, potentially lowering your tax bill and saving you money. With Ownwell, you can navigate the complexities of property taxes with ease and confidence.
Average Taylor County Tax Bill
$3,051
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Taylor County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Abilene | $930 | $1,683 | $3,216 | $5,005 | $6,761 |
Buffalo Gap | $267 | $792 | $1,881 | $4,265 | $6,257 |
Callahan Co Entrance | $6,074 | $6,074 | $6,074 | $6,074 | $6,074 |
Dyess Afb | $54 | $169 | $615 | $1,763 | $2,906 |
Goldsboro | $824 | $922 | $1,085 | $1,151 | $1,191 |
Lawn | $221 | $447 | $950 | $2,362 | $5,008 |
Merkel | $178 | $566 | $1,237 | $2,237 | $3,505 |
Ovalo | $281 | $757 | $2,410 | $5,176 | $6,482 |
Trent | $153 | $396 | $772 | $1,513 | $2,286 |
Tuscola | $997 | $2,244 | $3,992 | $5,412 | $6,863 |
Tye | $64 | $219 | $562 | $1,130 | $2,015 |
Wingate | $297 | $520 | $1,357 | $2,951 | $5,604 |
Winters | $76 | $145 | $435 | $1,376 | $2,673 |
Source: Ownwell
$1,148
Average Taylor County Tax Savings
Save on your property taxes & more with Ownwell.
Want to lower your Taylor County property taxes?
Looking to reduce your Taylor County property taxes? Ownwell is the leading property tax protest company serving Taylor County. We specialize in helping property owners in the Abilene area and beyond lower their taxes by working directly with the Taylor County Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Taylor County property tax protest process and identify all available property tax exemptions so you don’t have to. Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities for reducing your tax burden. By managing the protest process from beginning to end, we not only simplify the procedure but also increase your chances of obtaining a favorable result. Let Ownwell be your trusted partner in lowering your Taylor County property tax expenses through our proven strategies and expert advocacy.
Property Tax Protests in Texas
In Taylor County, TX, homeowners have the right to protest their property tax assessments if they believe they are inaccurate. The process begins with filing a formal protest with the Taylor County Appraisal District. This is typically done by completing a protest form and submitting it by the deadline specified on your assessment notice. Homeowners can argue that their property's assessed value is too high compared to similar properties or that there are errors in the property's characteristics. Once the protest is filed, the homeowner will be scheduled for a hearing before the Appraisal Review Board (ARB). During the hearing, homeowners can present evidence such as recent sales data, independent appraisals, or photographs demonstrating discrepancies between the assessed value and the property's actual market value. The ARB, an independent panel appointed to review and decide on these disputes, will listen to both the homeowner and the appraisal district's representative before making a decision. The potential outcomes of a property tax protest include a reduction in the assessed value, which can lead to a lower property tax bill, or the ARB may determine that the original assessment was accurate. In some cases, the ARB may even increase the assessed value if the evidence suggests it was initially too low. Ownwell can assist homeowners throughout this process by providing expert guidance and representation. Our team of experienced property tax consultants can help gather the necessary evidence, prepare a compelling case, and represent homeowners during the ARB hearing. By leveraging our expertise, homeowners can improve their chances of achieving a favorable outcome and potentially save a significant amount on their property taxes.
Exemptions in Texas
Taylor County offers several property tax exemption programs designed to reduce the property tax burden for eligible homeowners. One of the primary exemptions available is the Homestead Exemption, which significantly lowers the taxable value of a primary residence. Homeowners who use the property as their primary residence can apply for this exemption, resulting in substantial tax savings. Another important exemption is the Over-65 Exemption, aimed at senior citizens. Homeowners aged 65 or older can qualify for this exemption, which provides additional tax relief and may even freeze school district taxes at the current level, preventing future increases. Disabled individuals can benefit from the Disability Exemption, which offers tax reductions for homeowners with qualifying disabilities. This exemption helps alleviate the financial strain on those who may have limited income due to their disability. Veterans and their surviving spouses may also qualify for the Disabled Veteran Exemption, which varies depending on the degree of disability and can lead to significant tax reductions or even full exemption in some cases. Applying for these exemptions typically involves submitting the appropriate forms and documentation to the Taylor County Appraisal District. Ownwell can assist homeowners in navigating this process, ensuring all necessary paperwork is completed accurately and on time. By leveraging Ownwell's expertise, homeowners can maximize their property tax savings and take full advantage of the available exemption programs.
Available Exemptions
Senior
Disabled
Home Stead
Veteran
Solar/Wind
Non-Profit
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 | |
---|---|
Taylor Appraisal District | |
Website | esearch.taylor-cad.org |
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