Jonesville, Texas Property Taxes
The median property tax rate in Jonesville, TX is 1.23%, notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Jonesville at $28,490, the typical annual property tax bill amounts to $349, which is significantly below the national median of $2,690. Property taxes in Jonesville are calculated based on the tax assessed value, generally lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Jonesville'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 Jonesville 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
Jonesville, 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 JONESVILLE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in JONESVILLE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in JONESVILLE 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 Jonesville, Texas
Property taxes in Jonesville, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jonesville is 1.23%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Jonesville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jonesville 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 Jonesville's effective property tax rate to other counties in Texas and the national median. For comparison, the 75659 zip code has both the highest and lowest median property tax rate of 1.23%. Understanding how these cities compare with Jonesville provides valuable insights into the varying tax landscape across Harrison County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jonesville Tax Rate
1.23%
Average Harrison County Tax Rate
1.31%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jonesville, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75659 | 1.23% | 1.23% | 1.23% | 1.23% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Jonesville, Texas
In Jonesville, 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 Harrison 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 Jonesville, 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 Jonesville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Jonesville, the median home price is $28,490, with the highest and lowest median tax bills both at $349 in the 75659 zip code.
Average Jonesville Assessed Value
$28,490
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 Jonesville, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75659 | $28,490 | $28,490 | $28,490 | $28,490 | $28,490 |
Source: Ownwell
Property Tax Bills Across Jonesville, Texas
In Jonesville, property tax bills are calculated based on the assessed value of a home, which is determined by the Harrison County appraisal district. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the home's location, size, and market conditions are considered in the assessment process. For instance, the median home price in Jonesville is $28,490, and the property tax rate in this region is relatively modest compared to the national median property tax rate of 0.99%. Homeowners in Jonesville typically see a median tax bill of $349, which is consistent across various percentiles, including the 25th, 75th, and 90th percentiles. This consistency in tax bills ensures that homeowners can anticipate their annual expenses more accurately, making financial planning easier. Lower property taxes can also be a significant advantage for potential homebuyers, making Jonesville an attractive place to settle down.
Average Jonesville Tax Bill
$349
Average Harrison County Tax Bill
$887
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Jonesville, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75659 | $349 | $349 | $349 | $349 | $349 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Harrison Appraisal District | |
Website | iswdataclient.azurewebsites.net |