New Baden, Texas Property Taxes
The median property tax rate in New Baden, TX is 0.60%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $63,246 in New Baden, the typical annual property tax bill is $381, which is well below the national median of $2,690. Property taxes in New Baden are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding New Baden'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 New Baden 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
New Baden, 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 New Baden Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in New Baden with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in New Baden 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 New Baden, Texas
Property taxes in New Baden, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in New Baden is 2.00%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within New Baden set these rates annually, and they can vary significantly across different neighborhoods. Each year, New Baden 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 New Baden's effective property tax rate to other counties in Texas and the national median. For comparison, the 78130 zip code has the highest median property tax rate of 2.57%, while the 78638 zip code has the lowest median tax rate of 0.61%. Understanding how these cities compare with New Baden provides valuable insights into the varying tax landscape across Robertson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average New Baden Tax Rate
0.60%
Average Robertson County Tax Rate
1.09%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across New Baden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77870 | 0.44% | 0.50% | 0.60% | 1.12% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across New Baden, Texas
In New Baden, 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 Robertson 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 New Baden, 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 New Baden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code 77870 has the highest and lowest median tax bill of $381, reflecting the variability in tax burdens across the region.
Average New Baden Assessed Value
$63,246
Average Robertson County Assessed Value
$118,900
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across New Baden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77870 | $20,820 | $36,730 | $63,246 | $162,496 | $222,046 |
Source: Ownwell
Property Tax Bills Across New Baden, Texas
In New Baden, located in Robertson County, TX, property tax bills are calculated based on the assessed value of the home and the applicable tax rate. The assessed value is determined by the local appraisal district and reflects the market value of the property. Homeowners in this region experience a range of tax bills, influenced by factors such as property size, location, and market conditions. For example, the median home price in New Baden is $63,246. Depending on the assessed value and applicable tax rates, property tax bills can vary significantly. At the 25th percentile, homeowners might pay around $275, while those at the 75th percentile could see bills as high as $715. The 90th percentile tax bill reaches up to $916. These variations illustrate how property taxes can impact homeowners differently within the same area. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark to assess how New Baden's rates align with broader trends. Understanding these factors helps homeowners anticipate their property tax obligations and plan accordingly.
Average New Baden Tax Bill
$381
Average Robertson County Tax Bill
$993
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across New Baden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77870 | $211 | $275 | $381 | $715 | $916 |
Source: Ownwell