China Grove, Texas Property Taxes
The median property tax rate in China Grove, TX is 1.94%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in China Grove at $298,825, the typical annual property tax bill reaches $5,084, exceeding the national median of $2,690. Property taxes in China Grove 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 China Grove'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 China Grove 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
China Grove, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.94%
Estimate Property Tax Bill
$5,797
$5,380
$1,148
Average Tax Savings
Ownwell’s China Grove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in China Grove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in China Grove to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in China Grove. 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 China Grove, Texas
Property taxes in China Grove, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in China Grove is 1.94%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within China Grove set these rates annually, and they can vary significantly across different neighborhoods. Each year, China Grove 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 China Grove's effective property tax rate to other counties in Texas and the national median. For comparison, the 78263 zip code has the highest median property tax rate of 1.94%, while the same zip code also has the lowest median tax rate of 1.94%. Understanding how these cities compare with China Grove provides valuable insights into the varying tax landscape across Bexar County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average China Grove Tax Rate
1.94%
Average Bexar County Tax Rate
2.03%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across China Grove, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78263 | 1.43% | 1.69% | 1.94% | 1.94% | 1.94% |
Source: Ownwell
$1,148
Average China Grove Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across China Grove, Texas
In China Grove, 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 Bexar 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 China Grove, 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 China Grove helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In China Grove, the median home price is $298,825. The highest median tax bill is $5,084 in the 78263 zip code, while the lowest median tax bill is also $5,084 in the same zip code.
Average China Grove Assessed Value
$298,825
Average Bexar County Assessed Value
$265,000
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across China Grove, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78263 | $105,978 | $183,450 | $298,825 | $357,770 | $436,073 |
Source: Ownwell
$1,148
Average China Grove Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across China Grove, Texas
In China Grove, Bexar County, TX, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. Homeowners in China Grove face a median home price of $298,825, with tax bills ranging from $3,327 at the 25th percentile to $7,871 at the 90th percentile, compared to the national median property tax rate of 0.99%. High property taxes can significantly impact homeowners, making it essential to ensure that assessments are accurate. This is where Ownwell steps in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners identify discrepancies in their property assessments and file appeals to lower their tax bills. With a track record of successful appeals, Ownwell can save homeowners substantial amounts, easing the financial burden of property taxes in China Grove.
Average China Grove Tax Bill
$5,084
Average Bexar County Tax Bill
$5,362
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across China Grove, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78263 | $1,962 | $3,327 | $5,084 | $6,596 | $7,871 |
Source: Ownwell
$1,148
Average China Grove Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Bexar Appraisal District | |
| Phone | (210) 335-2251 |
| Website | esearch.bcad.org |
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