Bryan, Texas Property Taxes
The median property tax rate in Bryan, TX is 1.87%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Bryan at $11,650, the typical annual property tax bill reaches $217, which is significantly lower than the national median of $2,690. Property taxes in Bryan 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 Bryan'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 Bryan 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
Bryan, Texas 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 Bryan Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Bryan with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Bryan to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities with ease. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, is crucial for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Bryan, Texas
Property taxes in Bryan, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bryan is 1.87%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Bryan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bryan 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 Bryan's effective property tax rate to other counties in Texas and the national median. For comparison, the 77808 zip code has the highest median property tax rate of 1.87%, while the same zip code also has the lowest median tax rate of 1.87%. Understanding how these cities compare with Bryan provides valuable insights into the varying tax landscape across Grimes County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bryan Tax Rate
1.87%
Average Grimes County Tax Rate
1.58%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bryan, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77808 | 1.87% | 1.87% | 1.87% | 1.87% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Bryan, Texas
In Bryan, 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 Grimes 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 Bryan, 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 Bryan helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 77808, both at $217.
Average Bryan Assessed Value
$11,650
Average Grimes County Assessed Value
$49,760
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bryan, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77808 | $11,650 | $11,650 | $11,650 | $11,650 | $11,650 |
Source: Ownwell
Property Tax Bills Across Bryan, Texas
In Bryan, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value typically reflects the market value of the property. Homeowners in Bryan can expect their tax bills to be influenced by factors such as property size, location, and any improvements made to the property. The median home price in Bryan is $11,650, with property tax bills at the 25th, 75th, and 90th percentiles all being $217. This consistency indicates a relatively uniform tax rate within the city. Compared to the national median property tax rate of 0.99%, Bryan's property tax rate seems quite favorable for homeowners, making it an attractive option for those looking to minimize their property tax expenses. Understanding how property tax bills are calculated and the factors that influence them can help homeowners in Bryan plan better financially and make informed decisions about property investments and improvements.
Average Bryan Tax Bill
$217
Average Grimes County Tax Bill
$808
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Bryan, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77808 | $217 | $217 | $217 | $217 | $217 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
---|---|
Appeal Deadline | June 2 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Grimes Appraisal District | |
Website | grimescad.org |