Big Sandy, Texas Property Taxes
The median property tax rate in Big Sandy, TX is 0.79%, which is notably lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Big Sandy, the typical annual property tax bill amounts to $837, significantly below the national median of $2,690. Property taxes in Big Sandy are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Big Sandy'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 Big Sandy 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
Big Sandy, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$1,045
$967
Ownwell’s BIG SANDY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BIG SANDY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BIG SANDY 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 Big Sandy, Texas
Property taxes in Big Sandy, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Big Sandy is 0.79%, lower than both the Texas state median of 1.90% and the U.S. national median of 0.99%. Local government entities within Big Sandy set these rates annually, and they can vary significantly across different neighborhoods. Each year, Big Sandy 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 Big Sandy's effective property tax rate to other counties in Texas and the national median. For comparison, the 75797 zip code has the highest median property tax rate of 1.03%, while the 75755 zip code has the lowest median tax rate of 0.78%. Understanding how these cities compare with Big Sandy provides valuable insights into the varying tax landscape across Upshur County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Big Sandy Tax Rate
0.79%
Average Upshur County Tax Rate
0.94%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Big Sandy, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75755 | 0.22% | 0.44% | 0.78% | 1.21% | 1.52% |
75797 | 0.38% | 0.79% | 1.03% | 1.45% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Big Sandy, Texas
In Big Sandy, 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 Upshur 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 Big Sandy, 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. The median home price in Big Sandy is $132,300, with tax bills ranging from $298 at the 25th percentile to $2,931 at the 90th percentile. The highest median tax bill is $849 in the 75755 zip code, while the lowest median tax bill is $357 in the 75797 zip code. By understanding 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 Big Sandy helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Big Sandy Assessed Value
$132,300
Average Upshur County Assessed Value
$157,270
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Big Sandy, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75755 | $21,318 | $59,920 | $135,580 | $223,560 | $353,228 |
75797 | $8,308 | $19,740 | $70,660 | $127,460 | $201,572 |
Source: Ownwell
Property Tax Bills Across Big Sandy, Texas
In Big Sandy, located in Upshur County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Big Sandy is $132,300, and the property tax rate in Texas is generally determined by local entities. The tax bill for homeowners can vary significantly, with the 25th percentile tax bill at $298 and the 75th percentile reaching $1,865. For those at the 90th percentile, tax bills can be as high as $2,931. Several factors influence the property tax bill, including the market value of the home and any applicable exemptions. Homeowners in Big Sandy should be aware that property taxes can considerably impact their annual expenses. The highest median tax bill in the area is $849 in the 75755 ZIP code, while the lowest is $357 in the 75797 ZIP code. Compared to the national median property tax rate of 0.99%, Big Sandy's tax rates and bills reflect the specific economic conditions and property values of the region.
Average Big Sandy Tax Bill
$837
Average Upshur County Tax Bill
$1,214
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Big Sandy, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75755 | $144 | $304 | $849 | $1,890 | $2,941 |
75797 | $87 | $193 | $357 | $1,243 | $2,626 |
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 | |
---|---|
Upshur Appraisal District | |
Website | esearch.upshur-cad.org |