Ganado, Texas Property Taxes
The median property tax rate in Ganado, TX is 1.36%, which is considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Ganado at $98,380, the typical annual property tax bill reaches $1,167, falling below the national median of $2,690. Property taxes in Ganado 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 Ganado'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 Ganado or another part of Jackson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ganado, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$1,338
$1,238
Ownwell’s Ganado Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ganado with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Ganado to provide an estimate of your property tax bill. This user-friendly tool helps you understand potential tax liabilities with ease. For those interested in more detailed information at a neighborhood level, additional localized data is available below. Your property’s assessed value is determined by Jackson County for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Ganado, Texas
Property taxes in Ganado, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ganado is 1.36%, higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Ganado set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ganado 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 Ganado's effective property tax rate to other counties in Texas and the national median. For comparison, the 77962 zip code has the highest median property tax rate of 1.36%, while the 77962 zip code also has the lowest median tax rate of 1.36%. Understanding how these cities compare with Ganado provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ganado Tax Rate
1.36%
Average Jackson County Tax Rate
1.26%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ganado, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77962 | 0.47% | 0.89% | 1.36% | 1.83% | 2.33% |
Source: Ownwell
Property Tax Assessment Values Across Ganado, Texas
In Ganado, 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 Jackson 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 Ganado, 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 Ganado helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Ganado are both $1,167, found in the 77962 zip code.
Average Ganado Assessed Value
$98,380
Average Jackson County Assessed Value
$105,695
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ganado, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77962 | $13,158 | $43,730 | $98,380 | $200,100 | $301,050 |
Source: Ownwell
Property Tax Bills Across Ganado, Texas
In Ganado, located in Jackson County, TX, property tax bills are calculated based on the assessed value of your home. The median home price in Ganado is $98,380. Property taxes are determined by multiplying this assessed value by the local tax rate. For homeowners, the tax bill can vary significantly. For instance, the tax bill for the 25th percentile is around $409, while the 75th percentile sees a tax bill of approximately $2,243. At the 90th percentile, the tax bill can climb to $3,685. The highest and lowest median tax bills in Ganado both stand at $1,167, suggesting uniformity in certain areas. These taxes fund essential services such as schools, public safety, and infrastructure, directly impacting the quality of life in the community. Compared to the national median property tax rate of 0.99%, Ganado's property taxes reflect a range that can be both affordable and significant, depending on the property's assessed value and specific location within the county.
Average Ganado Tax Bill
$1,167
Average Jackson County Tax Bill
$1,024
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Ganado, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77962 | $175 | $409 | $1,167 | $2,243 | $3,685 |
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 | |
|---|---|
| Jackson Appraisal District | |
| Website | jacksoncad.org |