Decatur, Cooke County, Texas Property Taxes
Median Decatur, TX effective property tax rate: 1.40%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Decatur, TX home value: $172,895
Median annual Decatur, TX tax bill: $1,544, $856 lower than the national median property tax bill of $2,400.
How are property taxes in Cooke County calculated?
Property taxes in Decatur, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Decatur’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Decatur, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Decatur, Cooke County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.4%
Estimate Property Tax Bill
$2,421
$2,246
Property Tax Rates Across Decatur, Cooke County, Texas
Local government entities set property tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Decatur, located in Wise County, Texas, the effective property tax rate is a crucial factor for homeowners. Texas, known for its relatively high property tax rates, has a median rate of 1.40%, which is above the national median of 1.02%. This means the financial impact on property owners in Decatur can be more significant compared to other regions in the United States.
It's essential for property owners in Decatur to be aware of these rates and consider the potential for appealing their property taxes. Comparing Decatur's effective property tax rate to other cities in Texas, as well as the median property tax rates in Texas and the U.S., can provide valuable insights for homeowners looking to manage their property tax liabilities effectively.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Decatur Tax Rate
1.40%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cooke County Tax Rate
1.39%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Decatur, Cooke County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76234 | 0.68% | 1.05% | 1.40% | 1.50% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Decatur, Cooke County, Texas
When examining property taxes in Decatur, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cooke County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Cooke County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Decatur. For example, the median home price in Decatur is $172,895, with tax bills ranging significantly across the county. 76234 has the highest median home price at $172,895.
Property Tax Assessment Values Across Decatur, Cooke County, Texas
Source: Ownwell
$62,676
$243,164
$423,652
Median Decatur Market Value
$172,895
Median Cooke County Market Value
$215,126
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Decatur, Cooke County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76234 | $56,656 | $83,452 | $172,895 | $338,823 | $568,441 |
Source: Ownwell
Property Tax Bills Across Decatur, Cooke County, Texas
In Decatur, TX, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $172,895, homeowners typically face varying tax bills, influenced by factors such as property location and specific exemptions. The median property tax bill in Decatur's Cooke County is $1,544, which is below the national median of $2,400, offering some relief to homeowners. However, tax bills can range significantly, from the 25th percentile at $908 to the 90th percentile at $6,473, indicating a wide disparity based on property characteristics and local levies.
Ownwell offers a solution for homeowners looking to reduce their property tax burdens. By providing expert property tax appeal and exemption services, Ownwell helps homeowners navigate the complexities of the tax system, potentially lowering their tax bills. This assistance can be crucial for those in Decatur, where understanding and managing property taxes can lead to significant savings.
Median Decatur Tax Bill
$1,544
Median Cooke County Tax Bill
$2,905
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Decatur, Cooke County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76234 | $722 | $908 | $1,544 | $3,069 | $6,473 |
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 | |
|---|---|
| Cooke Appraisal District | |
| Website | propaccess.trueautomation.com |