Marietta, Texas Property Taxes
The median property tax rate in Marietta, TX is 1.38%, which is considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Marietta at $55,910, the typical annual property tax bill reaches $647, significantly below the national median of $2,690. Property taxes in Marietta 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 Marietta'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 Marietta 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
Marietta, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Marietta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marietta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marietta 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 Marietta, Texas
Property taxes in Marietta, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Marietta is 1.38%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Marietta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marietta 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 Marietta's effective property tax rate to other counties in Texas and the national median. For comparison, the 75566 zip code has the highest median property tax rate of 1.38%, while the same zip code also has the lowest median tax rate of 1.38%. Understanding how these cities compare with Marietta provides valuable insights into the varying tax landscape across Cass County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Marietta Tax Rate
1.38%
Average Cass County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marietta, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75566 | 0.43% | 1.22% | 1.38% | 1.50% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Marietta, Texas
In Marietta, 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 Cass 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. Assessment notices in Marietta 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. For instance, the highest median tax bill in Marietta is $647.00 in the 75566 zip code, while the lowest is also $647.00 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Marietta Assessed Value
$55,910
Average Cass County Assessed Value
$69,430
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marietta, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75566 | $7,610 | $25,725 | $55,910 | $100,282 | $171,410 |
Source: Ownwell
Property Tax Bills Across Marietta, Texas
In Marietta, located in Cass County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Marietta is $55,910, and the property tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's assessed value, which is determined by the local tax assessor, and any applicable exemptions that homeowners might qualify for. The tax bill can vary significantly; for instance, the 25th percentile tax bill is around $264, while the 75th percentile tax bill reaches $1,089. At the 90th percentile, homeowners might see tax bills as high as $1,767. These property taxes are essential for funding local services such as schools, infrastructure, and emergency services. For homeowners, understanding how their tax bill is calculated and what factors are considered can help in budgeting and potentially appealing their assessed value to ensure it aligns with the market value.
Average Marietta Tax Bill
$647
Average Cass County Tax Bill
$984
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Marietta, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75566 | $81 | $264 | $647 | $1,089 | $1,767 |
Source: Ownwell