Rockdale, Texas Property Taxes
The median property tax rate in Rockdale, TX is 1.12%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Rockdale at $84,170, the typical annual property tax bill amounts to $968, which is below the national median of $2,690. Property taxes in Rockdale are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural use. By understanding Rockdale's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you're in the heart of Rockdale or another part of the city, being well-informed about the local property tax system is crucial for maximizing financial benefits.
Last Updated June 14, 2024
Rockdale, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$943
$872
Ownwell’s Rockdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rockdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rockdale 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 Rockdale, Texas
Property taxes in Rockdale, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rockdale is 1.12%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Rockdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rockdale 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 Rockdale's effective property tax rate to other counties in Texas and the national median. For comparison, the 76567 zip code has the highest median property tax rate of 1.12%, while the same zip code also has the lowest median tax rate of 1.12%. Understanding how these cities compare with Rockdale provides valuable insights into the varying tax landscape across Lee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rockdale Tax Rate
1.12%
Average Lee County Tax Rate
1.46%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rockdale, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76567 | 0.58% | 1.08% | 1.12% | 1.13% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Rockdale, Texas
In Rockdale, 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. Assessment notices in Rockdale 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 Rockdale 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 is 76567, with a tax bill of $968, while the lowest median tax bill also shares the same value and zip code.
Average Rockdale Assessed Value
$84,170
Average Lee County Assessed Value
$200,180
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rockdale, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76567 | $36,360 | $45,102 | $84,170 | $138,282 | $1,305,575 |
Source: Ownwell
Property Tax Bills Across Rockdale, Texas
In Rockdale, located in Lee County, TX, property tax bills are calculated based on the assessed value of a home. The median home price in Rockdale is $84,170. Property taxes are determined by multiplying the assessed value by the local tax rate, which varies but is typically higher than the national median property tax rate of 0.99%. For example, homeowners in Rockdale can expect tax bills ranging from $509 at the 25th percentile to $1,848 at the 90th percentile. Several factors influence the final tax bill, including the home's assessed value, the local tax rate, and any applicable exemptions. Homeowners should be aware that higher assessed values result in higher tax bills, which can significantly impact household budgets. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan accordingly. By keeping abreast of local tax rates and property values, homeowners in Rockdale can better manage their financial responsibilities.
Average Rockdale Tax Bill
$968
Average Lee County Tax Bill
$2,398
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Rockdale, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
76567 | $405 | $509 | $968 | $1,504 | $1,848 |
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 | |
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Lee Appraisal District | |
Website | esearch.lee-cad.org |