Pawnee, Texas Property Taxes
The median property tax rate in Pawnee, TX is 1.09%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Pawnee at $91,175, the typical annual property tax bill amounts to $817, falling below the national median of $2,690. Property taxes in Pawnee are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Pawnee's property tax system, exploring available exemptions, and seeking opportunities for reductions, homeowners can achieve notable annual savings. Whether you're in the heart of Pawnee or elsewhere in Bee County, a thorough grasp of the local property tax structure will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pawnee, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$994
$922
Ownwell’s Pawnee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pawnee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pawnee 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 Pawnee, Texas
Property taxes in Pawnee, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pawnee is 1.09%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Pawnee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pawnee 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 Pawnee's effective property tax rate to other counties in Texas and the national median. For comparison, the 78145 zip code has both the highest and lowest median property tax rate of 1.09%. Understanding how these cities compare with Pawnee provides valuable insights into the varying tax landscape across Bee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pawnee Tax Rate
1.09%
Average Bee County Tax Rate
1.76%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pawnee, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78145 | 0.24% | 0.54% | 1.09% | 1.31% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Pawnee, Texas
In Pawnee, 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 Bee 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 Pawnee, 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 Pawnee is $91,175, with tax bills ranging from $373 at the 25th percentile to $2,013 at the 75th percentile, and $3,327 at the 90th percentile. The highest and lowest median tax bills are both $817, found in the 78145 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pawnee Assessed Value
$91,175
Average Bee County Assessed Value
$103,075
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pawnee, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78145 | $32,604 | $56,880 | $91,175 | $190,178 | $358,017 |
Source: Ownwell
Property Tax Bills Across Pawnee, Texas
In Pawnee, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Pawnee is $91,175, and the property tax rate in Bee County plays a crucial role in determining the final tax bill. Homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Several factors influence the property tax bill, including the home's assessed value, local tax rates, and any applicable exemptions. For instance, tax bills in Pawnee range significantly, with the 25th percentile at $373, the 75th percentile at $2,013, and the 90th percentile reaching $3,327. This variation highlights the impact of property value and tax rates on homeowners. Compared to the national median property tax rate of 0.99%, Pawnee's tax bills reflect a localized approach to property taxation that can significantly affect homeowners' financial planning. Understanding these factors can help residents anticipate their property tax obligations more accurately.
Average Pawnee Tax Bill
$817
Average Bee County Tax Bill
$1,834
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Pawnee, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78145 | $75 | $373 | $817 | $2,013 | $3,327 |
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 | |
|---|---|
| Bee Appraisal District | |
| Website | www.beecad.org |