Long Branch, Texas Property Taxes
The median property tax rate in Long Branch, TX is 0.86%, which is lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Long Branch, the typical annual property tax bill is $936, well below the national median of $2,690. Property taxes in Long Branch 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 Long Branch'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 Long Branch 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
Long Branch, 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 Long Branch Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Long Branch with just two key inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Long Branch to project your property tax bill. This valuable tool provides a clear picture of potential tax liabilities, aiding in financial planning and investment decisions. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Long Branch, Texas
Property taxes in Long Branch, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Long Branch is 0.86%, which is lower than the U.S. national median of 0.99%. Local government entities within Long Branch set these rates annually, and they can vary significantly across different neighborhoods. Each year, Long Branch 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 Long Branch's effective property tax rate to other counties in Texas and the national median. For comparison, the 75669 zip code has the highest median property tax rate of 0.86%, while the 75669 zip code also has the lowest median tax rate of 0.86%. Understanding how these cities compare with Long Branch provides valuable insights into the varying tax landscape across Rusk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Long Branch Tax Rate
0.86%
Average Rusk County Tax Rate
1.63%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Long Branch, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75669 | 0.35% | 0.66% | 0.86% | 1.40% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Long Branch, Texas
In Long Branch, 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 Rusk 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 Long Branch, 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 Long Branch helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $936.00 in zip code 75669, which aligns with the lowest median tax bill, showcasing a consistent tax rate across the region.
Average Long Branch Assessed Value
$113,140
Average Rusk County Assessed Value
$113,250
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Long Branch, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75669 | $24,861 | $59,660 | $113,140 | $191,562 | $332,033 |
Source: Ownwell
Property Tax Bills Across Long Branch, Texas
In Long Branch, Rusk County, TX, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. For instance, with a median home price of $113,140, the tax bill can vary significantly depending on various factors. Homeowners in Long Branch can expect property tax bills to range from the 25th percentile at $488 to the 75th percentile at $1,434. At the 90th percentile, tax bills can soar to $2,610. These figures highlight the variability in tax obligations based on property value and local tax rates. Compared to the national median property tax rate of 0.99%, Long Branch's rates show a diverse range of tax burdens for homeowners. This variability can significantly impact household budgets, making it crucial for homeowners to understand how their property tax is calculated and what factors influence the final bill.
Average Long Branch Tax Bill
$936
Average Rusk County Tax Bill
$1,761
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Long Branch, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75669 | $193 | $488 | $936 | $1,434 | $2,610 |
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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Rusk Appraisal District | |
Website | www.ruskcad.org |