Tivoli, Texas Property Taxes
The median property tax rate in Tivoli, TX is 1.06%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $89,575 in Tivoli, the typical annual property tax bill is around $812, which is significantly below the national median of $2,690. Property taxes in Tivoli are calculated based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Tivoli's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Tivoli or another part of Calhoun County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tivoli, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$949
$881
Ownwell’s Tivoli Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tivoli with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tivoli 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 Tivoli, Texas
Property taxes in Tivoli, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tivoli is 1.06%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Tivoli set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tivoli 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 Tivoli's effective property tax rate to other counties in Texas and the national median. For comparison, the 77990 zip code has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these cities compare with Tivoli provides valuable insights into the varying tax landscape across Calhoun County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tivoli Tax Rate
1.06%
Average Calhoun County Tax Rate
1.38%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tivoli, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77990 | 0.35% | 0.90% | 1.06% | 1.15% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Tivoli, Texas
In Tivoli, 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 Calhoun 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 Tivoli, 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 Tivoli helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Tivoli, the highest and lowest median tax bills are both $812, found in the 77990 zip code.
Average Tivoli Assessed Value
$89,575
Average Calhoun County Assessed Value
$110,860
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tivoli, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77990 | $37,710 | $54,058 | $89,575 | $133,392 | $169,835 |
Source: Ownwell
Property Tax Bills Across Tivoli, Texas
In Tivoli, property tax bills are calculated based on the assessed value of a property. The assessed value is determined by the local tax assessor and reflects the market value of the home. For homeowners in Calhoun County, the median home price stands at $89,575. The property tax rate in this region is a crucial factor in determining the final tax bill. For instance, the tax bills in Tivoli range significantly, with the 25th percentile at $421 and the 75th percentile at $1,335. At the higher end, the 90th percentile tax bill reaches $1,917. These amounts are influenced by the assessed value of the property and the local tax rate. Compared to the national median property tax rate of 0.99%, Tivoli's tax bills reflect local economic conditions and property values. Homeowners in Tivoli should be aware of these factors as they can significantly impact their annual expenses. Understanding how these elements work together can help in planning and managing property-related costs effectively.
Average Tivoli Tax Bill
$812
Average Calhoun County Tax Bill
$1,200
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Tivoli, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77990 | $203 | $421 | $812 | $1,335 | $1,917 |
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 | |
|---|---|
| Calhoun Appraisal District | |
| Website | propaccess.trueautomation.com |