Archer County Property Taxes
The median property tax rate in Archer County is 1.73%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Archer County, the typical annual property tax bill reaches $2,292, which is below the national median of $2,690. Property taxes in Archer County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Archer County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Archer City or another part of Archer County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Archer County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.73%
Estimate Property Tax Bill
$2,559
$2,375
Ownwell’s Archer County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Archer County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Archer County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Archer County, Texas
Property taxes in Archer County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Archer County is 1.73%, which is higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Archer County set these rates annually, and they can vary significantly between different areas within the county. Each year, Archer County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, Archer City has one of the higher property tax rates in Texas at 2.31%, while the city of Scotland boasts one of the lowest at 1.44%. Analyzing how Archer County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Archer County Tax Rate
1.73%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Archer County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Archer City | 1.55% | 1.83% | 2.31% | 2.31% | 2.31% |
Electra | 1.00% | 1.39% | 1.69% | 1.78% | 1.78% |
Holliday | 1.22% | 1.57% | 1.78% | 2.25% | 2.25% |
Megargel | 1.41% | 1.75% | 2.28% | 2.28% | 2.28% |
Olney | 1.13% | 1.35% | 1.52% | 1.73% | 1.73% |
Scotland | 1.14% | 1.25% | 1.44% | 1.54% | 1.56% |
Wichita Falls | 1.18% | 1.35% | 1.56% | 1.78% | 2.11% |
Windthorst | 1.17% | 1.29% | 1.44% | 1.56% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Archer County, Texas
In Archer County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Archer County Appraisal District. The assessed value, however, 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. Assessment notices in Archer County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Archer County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Archer County, the cities with the highest and lowest median tax bills are Wichita Falls and Megargel, with median tax bills of $4,148 and $491, respectively.
Average Archer County Assessed Value
$147,930
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Archer County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Archer City | $13,260 | $32,238 | $76,245 | $140,115 | $240,530 |
Electra | $30,804 | $47,805 | $74,455 | $115,352 | $157,999 |
Holliday | $22,350 | $47,235 | $117,100 | $242,995 | $366,784 |
Megargel | $3,354 | $9,770 | $23,510 | $48,950 | $94,104 |
Olney | $7,405 | $20,485 | $98,675 | $172,885 | $253,410 |
Scotland | $14,155 | $37,135 | $99,120 | $172,005 | $293,188 |
Wichita Falls | $102,847 | $197,755 | $261,760 | $380,810 | $535,506 |
Windthorst | $24,828 | $83,948 | $161,960 | $265,560 | $395,641 |
Source: Ownwell
Property Tax Bills Across Archer County, Texas
In Archer County, TX, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the market value, which is determined by the county appraisal district. Homeowners in Archer County face varying tax bills based on this assessed value and the specific tax rate applied by their local taxing authorities. For instance, the median home price in Archer County is $147,930. Property tax bills can vary significantly, with the 25th percentile tax bill at $933 and the 75th percentile tax bill reaching $4,289. At the higher end, the 90th percentile tax bill can be as much as $6,648. These variations are influenced by factors such as property location, exemptions, and improvements. Comparatively, Archer County's property tax rates can be seen in context with the national median property tax rate of 0.99%. Homeowners in the county experience a range of tax bills, from the lowest median in Megargel at $491 to the highest median in Wichita Falls at $4,148, impacting their overall financial planning and homeownership costs.
Average Archer County Tax Bill
$2,292
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Archer County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Archer City | $288 | $721 | $1,563 | $2,610 | $3,981 |
Electra | $518 | $775 | $1,151 | $1,446 | $1,558 |
Holliday | $428 | $786 | $1,991 | $4,040 | $6,494 |
Megargel | $74 | $199 | $491 | $919 | $1,478 |
Olney | $116 | $319 | $1,222 | $2,264 | $3,796 |
Scotland | $224 | $548 | $1,277 | $2,188 | $3,722 |
Wichita Falls | $1,433 | $2,789 | $4,148 | $6,094 | $8,552 |
Windthorst | $408 | $1,181 | $2,142 | $3,446 | $5,185 |
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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Archer Appraisal District | |
Website | www.archercad.org |