Fisher County Property Taxes
The median property tax rate in Fisher County is 1.20%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $68,150, the typical annual property tax bill in Fisher County is around $753, significantly below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below the actual market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Fisher County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in a city like Rotan or elsewhere in Fisher County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fisher County 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 Fisher County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Fisher County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Fisher County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to more local informational pages. 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 Fisher County, Texas
Property taxes in Fisher County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Fisher County is 1.20%, which is higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Fisher County set these rates annually, and they can vary significantly between different areas within the county. Each year, Fisher 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. For comparison, the city of Rotan has one of the higher property tax rates in Texas at 1.39%, while the city of Hamlin boasts one of the lowest at 0.64%. Analyzing how Fisher County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Fisher County Tax Rate
1.20%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fisher County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hamlin | 0.42% | 0.52% | 0.64% | 0.76% | 0.88% |
| Hermleigh | 0.51% | 0.68% | 0.85% | 1.24% | 1.57% |
| Mc Caulley | 0.37% | 0.57% | 0.77% | 1.26% | 1.74% |
| Roby | 0.66% | 0.98% | 1.36% | 2.06% | 2.26% |
| Roscoe | 0.45% | 0.56% | 0.70% | 0.73% | 0.77% |
| Rotan | 0.68% | 0.93% | 1.39% | 2.18% | 2.22% |
| Sweetwater | 0.45% | 0.60% | 0.68% | 0.75% | 0.90% |
| Sylvester | 0.52% | 0.75% | 1.23% | 1.68% | 1.74% |
| Trent | 0.52% | 0.59% | 0.67% | 0.74% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Fisher County, Texas
In Fisher 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 Fisher 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 Fisher 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. For instance, Hermleigh has the highest median tax bill at $1,128, while Trent has the lowest at $450. Being aware of these valuation processes in Fisher County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Fisher County Assessed Value
$68,150
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fisher County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hamlin | $51,994 | $81,782 | $139,090 | $211,870 | $255,454 |
| Hermleigh | $53,114 | $80,900 | $126,070 | $184,030 | $193,368 |
| Mc Caulley | $13,679 | $39,148 | $72,325 | $141,085 | $198,911 |
| Roby | $14,507 | $40,520 | $78,020 | $127,715 | $171,107 |
| Roscoe | $48,816 | $55,788 | $112,420 | $195,238 | $211,113 |
| Rotan | $7,994 | $25,870 | $55,780 | $97,240 | $143,098 |
| Sweetwater | $36,890 | $75,440 | $117,790 | $161,645 | $250,860 |
| Sylvester | $6,344 | $20,790 | $51,570 | $121,530 | $152,386 |
| Trent | $18,264 | $32,785 | $74,210 | $171,130 | $243,492 |
Source: Ownwell
Property Tax Bills Across Fisher County, Texas
In Fisher County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Fisher County is $68,150, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $338, while the 75th percentile reaches $1,394, and the 90th percentile can go up to $2,109. These variations are influenced by factors such as property location, home size, and any applicable exemptions. For example, homeowners in Hermleigh face the highest median tax bill of $1,128, whereas those in Trent have a lower median tax bill of $450. Compared to the national median property tax rate of 0.99%, Fisher County's rates reflect the local economic conditions and property values, impacting homeowners differently based on their specific circumstances.
Average Fisher County Tax Bill
$753
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Fisher County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hamlin | $238 | $376 | $761 | $1,356 | $1,678 |
| Hermleigh | $282 | $472 | $1,128 | $1,920 | $2,389 |
| Mc Caulley | $64 | $237 | $479 | $1,100 | $1,815 |
| Roby | $253 | $531 | $996 | $1,640 | $2,312 |
| Roscoe | $308 | $387 | $482 | $1,216 | $1,452 |
| Rotan | $131 | $314 | $678 | $1,343 | $2,086 |
| Sweetwater | $189 | $436 | $779 | $1,123 | $1,691 |
| Sylvester | $47 | $203 | $520 | $1,221 | $2,278 |
| Trent | $126 | $200 | $450 | $1,138 | $1,663 |
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 | |
|---|---|
| Fisher Appraisal District | |
| Website | esearch.fishercad.org |