Saint Jo, Texas Property Taxes
The median property tax rate in Saint Jo, TX is 1.66%, slightly lower than the state median of 1.67% but considerably higher than the national median of 0.99%. With a median home value of $224,579, the typical annual property tax bill in Saint Jo comes to $3,029, surpassing the national median of $2,690. Property taxes in Saint Jo 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 Saint Jo'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 Saint Jo 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
Saint Jo, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.66%
Estimate Property Tax Bill
$3,728
$3,449
Ownwell’s Saint Jo Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Saint Jo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Jo to provide an accurate estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities and plan accordingly. For those interested in more detailed trends at the neighborhood level, additional localized information is available further down the page. Your property’s assessed value is determined by Cooke County for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Saint Jo, Texas
Property taxes in Saint Jo, Texas, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Saint Jo is 1.66%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Saint Jo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Jo 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 Saint Jo's effective property tax rate to other counties in Texas and the national median. For comparison, the 76265 zip code has the highest median property tax rate of 1.66%, while the 76265 zip code also has the lowest median tax rate of 1.66%. Understanding how these cities compare with Saint Jo provides valuable insights into the varying tax landscape across Cooke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Jo Tax Rate
1.66%
Average Cooke County Tax Rate
1.39%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Jo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76265 | 0.98% | 1.29% | 1.66% | 1.66% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Saint Jo, Texas
In Saint Jo, 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 Cooke 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 Saint Jo, 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 Saint Jo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $3029, found in zip code 76265, while the lowest median tax bill is also $3029 in the same zip code.
Average Saint Jo Assessed Value
$224,579
Average Cooke County Assessed Value
$215,126
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Jo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76265 | $43,421 | $96,500 | $224,579 | $352,516 | $551,822 |
Source: Ownwell
Property Tax Bills Across Saint Jo, Texas
In Saint Jo, located in Cooke County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, the median home price in Saint Jo is $224,579. Homeowners in the 25th percentile can expect to pay around $1,352 annually, while those in the 75th percentile may see bills as high as $4,590. At the 90th percentile, property taxes can reach up to $7,512. The highest median tax bill in the area is $3,029, which is significantly higher than the national median property tax rate of 0.99%. This variation in tax bills can greatly affect homeowners, influencing decisions on buying, selling, or maintaining property. Factors such as market trends, local government budgets, and school district funding needs all play a role in determining these tax rates, making it essential for homeowners to stay informed and proactive in managing their property taxes.
Average Saint Jo Tax Bill
$3,029
Average Cooke County Tax Bill
$2,905
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Jo, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76265 | $636 | $1,352 | $3,029 | $4,590 | $7,512 |
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 |