San Angelo, Texas Property Taxes
The median property tax rate in San Angelo, TX is 1.15%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $136,820 in San Angelo, the typical annual property tax bill amounts to $1,461, which is below the national median of $2,690. Property taxes in San Angelo are determined based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding the nuances of San Angelo's property tax system, exploring available exemptions, and identifying potential reductions can result in considerable yearly savings. Whether you're in the heart of San Angelo or another part of the city, gaining insight into the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
San Angelo, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$1,573
$1,456
Ownwell’s SAN ANGELO Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SAN ANGELO with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SAN ANGELO 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 San Angelo, Texas
Property taxes in San Angelo, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in San Angelo is 1.15%, higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within San Angelo set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Angelo 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 San Angelo's effective property tax rate to other counties in Texas and the national median. For comparison, the 76901 zip code has the highest median property tax rate of 1.15%, while 76904 has the lowest median tax rate of 1.15%. Understanding how these cities compare with San Angelo provides valuable insights into the varying tax landscape across Irion County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average San Angelo Tax Rate
1.15%
Average Irion County Tax Rate
1.44%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Angelo, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76901 | 0.48% | 0.80% | 1.15% | 1.15% | 1.15% |
76904 | 0.92% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across San Angelo, Texas
In San Angelo, 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 Irion 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 San Angelo, 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. For instance, the highest median tax bill in San Angelo is $1,960 in the 76901 zip code, while the lowest median tax bill is $1,160 in the 76904 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average San Angelo Assessed Value
$136,820
Average Irion County Assessed Value
$74,965
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across San Angelo, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76901 | $96,615 | $136,292 | $189,785 | $614,100 | $782,075 |
76904 | $31,677 | $87,310 | $122,480 | $193,520 | $269,239 |
Source: Ownwell
Property Tax Bills Across San Angelo, Texas
In San Angelo, located in Irion County, TX, property tax bills are determined by several key factors. The primary component is the assessed value of the home, which is based on the market value. For instance, the median home price in San Angelo is $136,820. Once the assessed value is established, the local tax rate is applied to calculate the tax bill. Homeowners in San Angelo experience a range of property tax bills. At the 25th percentile, the tax bill is approximately $940, while at the 75th percentile, it increases to around $2,295. For those at the 90th percentile, the tax bill can be as high as $2,820. The highest median tax bill in the area is $1,960, found in the 76901 zip code, whereas the lowest median tax bill is $1,160 in the 76904 zip code. Compared to the national median property tax rate of 0.99%, San Angelo's property tax rates can vary significantly, impacting homeowners differently based on their property values and specific locations within the city.
Average San Angelo Tax Bill
$1,461
Average Irion County Tax Bill
$1,083
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across San Angelo, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76901 | $1,107 | $1,562 | $1,960 | $2,658 | $3,888 |
76904 | $363 | $821 | $1,160 | $1,966 | $2,703 |
Source: Ownwell