Barstow, Texas Property Taxes
The median property tax rate in Barstow, TX is 1.64%, slightly lower than the Texas state median of 1.67% but still considerably higher than the national median of 0.99%. With the median home value in Barstow at $29,830, the typical annual property tax bill amounts to $334, which is significantly below the national median of $2,690. Property taxes in Barstow are determined based on the tax assessed value, which often falls below the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Barstow'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 Barstow or another part of Ward County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Barstow, 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 Barstow Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Barstow with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Barstow 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 Barstow, Texas
Property taxes in Barstow, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Barstow is 1.64%, higher than both the Texas state median of 1.60% and the U.S. national median of 0.99%. Local government entities within Barstow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Barstow 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 Barstow's effective property tax rate to other counties in Texas and the national median. For comparison, the 79719 zip code has the highest median property tax rate of 1.64%, while the 79719 zip code has the lowest median tax rate of 1.64%. Understanding how these cities compare with Barstow provides valuable insights into the varying tax landscape across Ward County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Barstow Tax Rate
1.64%
Average Ward County Tax Rate
1.64%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Barstow, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79719 | 0.65% | 0.83% | 1.64% | 1.64% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Barstow, Texas
In Barstow, 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 Ward 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 Barstow, 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. The median home price in Barstow is $29,830, with tax bills ranging from $169 at the 25th percentile to $1,396 at the 90th percentile. The highest and lowest median tax bills are both $334, found in zip code 79719. By understanding 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 Barstow helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Barstow Assessed Value
$29,830
Average Ward County Assessed Value
$84,385
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Barstow, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79719 | $5,060 | $11,770 | $29,830 | $68,370 | $129,830 |
Source: Ownwell
Property Tax Bills Across Barstow, Texas
In Barstow, located in Ward County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county appraisal district, which evaluates the market value of the property. Homeowners in Barstow face varying tax bills depending on their property's assessed value and the local tax rate. For a median home price of $29,830, property tax bills can range significantly. At the 25th percentile, homeowners might pay around $169 annually, while those at the 75th percentile could see bills of approximately $654. At the higher end, the 90th percentile tax bill can reach up to $1,396. These property tax bills directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Barstow's rates reflect the unique economic and real estate conditions of the area. Understanding these factors helps homeowners better anticipate and manage their annual property tax obligations.
Average Barstow Tax Bill
$334
Average Ward County Tax Bill
$1,092
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Barstow, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79719 | $65 | $169 | $334 | $654 | $1,396 |
Source: Ownwell