Cayuga, Texas Property Taxes
The median property tax rate in Cayuga, TX is 0.78%, considerably lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Cayuga at $51,206, the typical annual property tax bill is $400, significantly below the national median of $2,690. Property taxes in Cayuga 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 Cayuga'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 Cayuga 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
Cayuga, 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 Cayuga Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cayuga with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cayuga 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 Cayuga, Texas
Property taxes in Cayuga, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cayuga is 0.78%, lower than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Cayuga set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cayuga 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 Cayuga's effective property tax rate to other counties in Texas and the national median. For comparison, the 75832 zip code has both the highest and lowest median property tax rate of 0.78%. Understanding how these cities compare with Cayuga provides valuable insights into the varying tax landscape across Anderson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cayuga Tax Rate
0.78%
Average Anderson County Tax Rate
1.48%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cayuga, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75832 | 0.78% | 0.78% | 0.78% | 0.78% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Cayuga, Texas
In Cayuga, 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 Anderson 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 Cayuga, 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 Cayuga 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 75832, with a median tax bill of $400. Interestingly, this is also the zip code with the lowest median tax bill, reflecting a uniform tax burden across the area.
Average Cayuga Assessed Value
$51,206
Average Anderson County Assessed Value
$116,310
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cayuga, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75832 | $51,206 | $51,206 | $51,206 | $51,206 | $51,206 |
Source: Ownwell
Property Tax Bills Across Cayuga, Texas
In Cayuga, located in Anderson County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local appraisal district, which evaluates the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Cayuga, the median home price is $51,206. Given the local tax structure, the tax bill for most homeowners falls around $400. This amount is consistent across various percentiles, including the 25th, 75th, and 90th percentiles, indicating a uniform tax rate application. Compared to the national median property tax rate of 0.99%, Cayuga's property tax bills might seem relatively modest. However, this uniform tax bill can still impact homeowners, particularly those on fixed incomes or with lower property values. Understanding how these taxes are calculated helps homeowners better anticipate their annual financial obligations and plan accordingly.
Average Cayuga Tax Bill
$400
Average Anderson County Tax Bill
$1,775
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Cayuga, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75832 | $400 | $400 | $400 | $400 | $400 |
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 | |
|---|---|
| Anderson Appraisal District | |
| Website | search.andersoncad.net |