Los Angeles, Texas Property Taxes
The median property tax rate in Los Angeles, TX is 1.78%, significantly higher than the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Los Angeles, the typical annual property tax bill reaches $1,420, surpassing the national median of $2,690. Property taxes in Los Angeles are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Los Angeles'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 Los Angeles 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
Los Angeles, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Los Angeles, Texas Tax Savings
Ownwell’s LOS ANGELES Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LOS ANGELES with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LOS ANGELES 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 LOS ANGELES. 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 Los Angeles, Texas
Property taxes in Los Angeles, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Los Angeles is 1.78%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Los Angeles set these rates annually, and they can vary significantly across different neighborhoods. Each year, Los Angeles 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 Los Angeles's effective property tax rate to other counties in Texas and the national median. For comparison, the 90008 zip code has the highest median property tax rate of 1.78%, while the 90008 zip code also has the lowest median tax rate of 1.78%. Understanding how these cities compare with Los Angeles provides valuable insights into the varying tax landscape across Fort Bend, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Los Angeles Tax Rate
1.78%
Average Fort Bend County Tax Rate
1.70%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Los Angeles, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90008 | 1.78% | 1.78% | 1.78% | 1.78% | 1.78% |
Source: Ownwell
$1,148
Average Los Angeles Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Los Angeles, Texas
In Los Angeles, 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 Fort Bend 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 Los Angeles, 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 Los Angeles helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both found in the 90008 zip code, with values of $1,420.
Average Los Angeles Assessed Value
$79,781
Average Fort Bend County Assessed Value
$370,984
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Los Angeles, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90008 | $79,781 | $79,781 | $79,781 | $79,781 | $79,781 |
Source: Ownwell
$1,148
Average Los Angeles Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Los Angeles, Texas
In Los Angeles, property tax bills are calculated based on the assessed value of the property, which is determined by the Los Angeles County Assessor. This assessed value is then multiplied by the local tax rate. For instance, in Fort Bend County, the median home price is $79,781, with property tax bills typically around $1,420, regardless of the home's value percentile. This indicates a uniform tax burden across different property values within the county. Several factors influence the assessed value, including recent sales of similar properties, improvements made to the property, and market conditions. These assessed values can fluctuate, impacting the annual property tax bill for homeowners. Ownwell assists homeowners in Los Angeles by offering property tax appeal and exemption services. By leveraging local expertise and data analysis, Ownwell can identify discrepancies in assessed values and file appeals on behalf of homeowners. This can lead to significant reductions in property tax bills, ensuring homeowners only pay their fair share.
Average Los Angeles Tax Bill
$1,420
Average Fort Bend County Tax Bill
$6,331
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Los Angeles, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90008 | $1,420 | $1,420 | $1,420 | $1,420 | $1,420 |
Source: Ownwell
$1,148
Average Los Angeles Tax Savings
Save on your property taxes & more with 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 | |
---|---|
Fort Bend Appraisal District | |
Phone | (281) 344-8623 |
Website | esearch.fbcad.org |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.