Jefferson, Texas Property Taxes
The median property tax rate in Jefferson, TX is 1.04%, which is slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $83,545 in Jefferson, the typical annual property tax bill is around $874, which is significantly below the national median of $2,690. Property taxes in Jefferson are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Jefferson'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 Jefferson or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jefferson, 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 Jefferson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jefferson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jefferson 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 Jefferson, Texas
Property taxes in Jefferson, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jefferson is 1.83%, significantly higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within Jefferson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jefferson 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 Jefferson's effective property tax rate to other counties in Texas and the national median. For comparison, the 77701 zip code has the highest median property tax rate of 1.83%, while the 77705 zip code has the lowest median tax rate of 1.83%. Understanding how these cities compare with Jefferson provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jefferson Tax Rate
1.04%
Average Harrison County Tax Rate
1.31%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jefferson, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75657 | 0.57% | 0.97% | 1.04% | 1.26% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Jefferson, Texas
In Jefferson, 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 local 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 Jefferson, 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 Jefferson is $83,545, with tax bills ranging from $263 at the 25th percentile to $2,539 at the 90th percentile. The zip code 75657 has the highest and lowest median tax bill of $874. 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 Jefferson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jefferson Assessed Value
$83,545
Average Harrison County Assessed Value
$72,430
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jefferson, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75657 | $16,244 | $27,908 | $83,545 | $176,832 | $252,200 |
Source: Ownwell
Property Tax Bills Across Jefferson, Texas
In Jefferson, property tax bills are calculated based on the assessed value of the property, which is determined by the county appraisal district. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence this calculation, including the property's market value, any exemptions for which the homeowner qualifies, and the specific tax rates set by local taxing entities such as school districts, municipalities, and special districts. For homeowners in Jefferson, the impact of property taxes can vary significantly. For instance, the median home price is $83,545, and the tax bills range widely. The 25th percentile tax bill is $263, while the 75th percentile tax bill is $1,544, and the 90th percentile reaches $2,539. These figures demonstrate the variability in tax obligations based on property values and applicable exemptions. Compared to the national median property tax rate of 0.99%, Jefferson's residents experience a diverse range of tax burdens, reflecting the unique valuation and taxation processes within the county.
Average Jefferson Tax Bill
$874
Average Harrison County Tax Bill
$887
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Jefferson, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75657 | $123 | $263 | $874 | $1,544 | $2,539 |
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 | |
|---|---|
| Harrison Appraisal District | |
| Website | iswdataclient.azurewebsites.net |