Armstrong County, Texas Property Taxes
The median property tax rate in Armstrong County is 1.68%, which is slightly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Armstrong County at $115,295, the typical annual property tax bill reaches $1,603, which is lower than the national median of $2,690. Property taxes in Armstrong 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 Armstrong 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 Claude or another part of Armstrong County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Armstrong County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.68%
Estimate Property Tax Bill
$1,937
$1,797
Ownwell’s Armstrong County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Armstrong County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Armstrong 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 Armstrong County, Texas
Property taxes in Armstrong County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Armstrong County is 1.68%, which is higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within Armstrong County set these rates annually, and they can vary significantly between different areas within the county. Each year, Armstrong 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. The following data compares Armstrong County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Claude has one of the higher property tax rates in Texas at 1.74%, while the city of Happy boasts one of the lowest at 0.99%. Analyzing how Armstrong County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Armstrong County Tax Rate
1.68%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Armstrong County, Texas
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Armstrong County, TX. 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 Armstrong 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 Armstrong 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. In Armstrong County, Groom has the highest median tax bill at $3,091, while Wayside has the lowest at $1,254. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Armstrong County, Texas
Source: Ownwell
$112,350
$127,330
$142,310
Average Armstrong County Assessed Value
$115,295
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Bills Across Armstrong County, Texas
In Armstrong County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. Homeowners then multiply this assessed value by the local tax rate to determine their tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. For instance, the median home price in Armstrong County is $115,295. Tax bills vary significantly within the county, with the 25th percentile at $862 and the 75th percentile at $2,954. At the 90th percentile, homeowners can expect to pay around $4,409. Comparatively, Armstrong County's property tax rates can be higher or lower than the national median property tax rate of 0.99%, depending on specific local levies. These tax bills have a direct impact on homeowners, influencing both monthly mortgage payments and overall housing affordability.
Average Armstrong County Tax Bill
$1,603
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690