Knippa, Texas Property Taxes
The median property tax rate in Knippa, TX is 1.22%, which is notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value in Knippa of $68,825, the typical annual property tax bill amounts to $591, significantly below the national median of $2,690. Property taxes in Knippa are based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Knippa's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Knippa or another part of Uvalde County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Knippa, 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 Knippa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Knippa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Knippa 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 Knippa, Texas
Property taxes in Knippa, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Knippa is 1.22%, which is notably higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Knippa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Knippa 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 Knippa's effective property tax rate to other counties in Texas and the national median. For comparison, the 78870 zip code has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these cities compare with Knippa provides valuable insights into the varying tax landscape across Uvalde County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Knippa Tax Rate
1.22%
Average Uvalde County Tax Rate
1.49%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Knippa, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78870 | 0.24% | 0.51% | 1.22% | 1.67% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across Knippa, Texas
In Knippa, 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 Uvalde 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 Knippa, 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. The median home price in Knippa is $68,825, with the highest median tax bill recorded at $591 in the 78870 zip code, which also has the lowest median tax bill at the same amount. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Knippa Assessed Value
$68,825
Average Uvalde County Assessed Value
$113,531
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Knippa, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78870 | $16,992 | $32,898 | $68,825 | $139,721 | $274,874 |
Source: Ownwell
Property Tax Bills Across Knippa, Texas
In Knippa, located in Uvalde 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 Knippa is $68,825. Property taxes are determined by multiplying the assessed value by the local tax rate. For instance, the national median property tax rate is 0.99%, which can be used as a benchmark to understand local variations. Several factors influence the property tax bill, such as the home's market value, any applicable exemptions, and the specific tax rates set by local authorities. Homeowners in Knippa might experience varying tax bills, with the 25th percentile paying around $277, while those in the 75th percentile might see bills up to $1,483. The highest median tax bill recorded in the area is $591, which is significantly lower compared to many other regions. Understanding these factors is crucial for homeowners, as property taxes can significantly impact annual expenses and overall home affordability.
Average Knippa Tax Bill
$591
Average Uvalde County Tax Bill
$1,353
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Knippa, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78870 | $118 | $277 | $591 | $1,483 | $2,588 |
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 | |
|---|---|
| Uvalde Appraisal District | |
| Website | propaccess.trueautomation.com |