Armstrong, Texas Property Taxes
The median property tax rate in Armstrong, TX is 1.39%, higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $178,310 in Armstrong, the typical annual property tax bill reaches $1,811, which is below the national median of $2,690. Property taxes in Armstrong are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Armstrong'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 Armstrong or another part of the city, knowing the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Armstrong, 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 Armstrong Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Armstrong with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Armstrong 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 Armstrong, Texas
Property taxes in Armstrong, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Armstrong is 1.39%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Armstrong set these rates annually, and they can vary significantly across different neighborhoods. Each year, Armstrong 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 Armstrong's effective property tax rate to other counties in Texas and the national median. For comparison, the 78338 zip code has the highest median property tax rate of 1.39%, while the 78338 zip code also has the lowest median tax rate of 1.39%. Understanding how these cities compare with Armstrong provides valuable insights into the varying tax landscape across Kenedy County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Armstrong Tax Rate
1.39%
Average Kenedy County Tax Rate
1.39%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Armstrong, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78338 | 0.17% | 1.08% | 1.39% | 1.39% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Armstrong, Texas
In Armstrong, 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 Kenedy 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 Armstrong, 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 Armstrong helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Armstrong is 78338, with a median tax bill of $1811.00, which is significantly below the national median property tax rate of 0.99%.
Average Armstrong Assessed Value
$178,310
Average Kenedy County Assessed Value
$26,250
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Armstrong, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78338 | $12,077 | $38,578 | $178,310 | $563,490 | $1,449,545 |
Source: Ownwell
Property Tax Bills Across Armstrong, Texas
In Armstrong, located in Kenedy County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Armstrong is $178,310, and the property tax rate significantly influences the final tax bill. Factors such as the property's assessed value, local tax rates, and applicable exemptions play a crucial role in determining the tax bill. For homeowners in Armstrong, the tax bill can vary widely. At the 25th percentile, the tax bill is around $534, while at the 75th percentile, it can reach up to $4,547. For those in the 90th percentile, the tax bill can be as high as $6,029. The highest median tax bill in Kenedy County is $1,811, which is notably higher than the national median property tax rate of 0.99%. These taxes are essential for funding local services such as schools, infrastructure, and emergency services, directly impacting homeowners' finances and the community's quality of life.
Average Armstrong Tax Bill
$1,811
Average Kenedy County Tax Bill
$359
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Armstrong, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78338 | $168 | $534 | $1,811 | $4,547 | $6,029 |
Source: Ownwell