Conroe, Texas Property Taxes
The median property tax rate in Conroe, TX is 1.56%, which is considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $223,500 in Conroe, the typical annual property tax bill reaches $3,490, significantly surpassing the national median of $2,690. Property taxes in Conroe are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Conroe'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 Conroe 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
Conroe, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.56%
Estimate Property Tax Bill
$349
$323
Ownwell’s Conroe Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Conroe with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Conroe 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 Conroe, Texas
Property taxes in Conroe, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Conroe is 1.56%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Conroe set these rates annually, and they can vary significantly across different neighborhoods. Each year, Conroe 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 Conroe's effective property tax rate to other counties in Texas and the national median. For comparison, the 77306 zip code has the highest median property tax rate of 1.56%, while the 77306 zip code also has the lowest median tax rate of 1.56%. Understanding how these cities compare with Conroe provides valuable insights into the varying tax landscape across Montgomery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Conroe Tax Rate
1.56%
Average Grimes County Tax Rate
1.58%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Conroe, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77306 | 1.56% | 1.56% | 1.56% | 1.56% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Conroe, Texas
In Conroe, 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 Montgomery 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 Conroe, 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 Conroe helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Conroe are both $349, found in the 77306 zip code.
Average Conroe Assessed Value
$22,350
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 Conroe, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77306 | $22,350 | $22,350 | $22,350 | $22,350 | $22,350 |
Source: Ownwell
Property Tax Bills Across Conroe, Texas
In Conroe, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Conroe is $22,350, and the tax rate in Grimes County significantly impacts the final amount homeowners need to pay. For instance, tax bills in Conroe range from the 25th percentile at $349 to the 90th percentile also at $349, indicating a consistent tax rate across various home values. Factors influencing the tax bill include the assessed value of the property, exemptions available to homeowners, and the specific tax rate set by local taxing authorities. These factors collectively determine the financial burden on homeowners. Compared to the national median property tax rate of 0.99%, the tax rate in Conroe is relatively straightforward, ensuring that homeowners have a clear understanding of their annual property tax obligations.
Average Conroe Tax Bill
$349
Average Grimes County Tax Bill
$808
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Conroe, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77306 | $349 | $349 | $349 | $349 | $349 |
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 |