Crockett County, Texas Property Taxes
The median property tax rate in Crockett County is 1.85%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Crockett County, the typical annual property tax bill reaches $505, which is substantially lower than the national median of $2,690. Property taxes in Crockett County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Crockett County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Ozona or another part of Crockett County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Crockett County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.85%
Estimate Property Tax Bill
$510
$473
Ownwell’s Crockett County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Crockett County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Crockett County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Crockett County, Texas
Property taxes in Crockett County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Crockett County is 1.85%, which is higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Crockett County set these rates annually, and they can vary significantly between different areas within the county. Each year, Crockett County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Crockett County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Ozona has one of the higher property tax rates in Texas at 1.85%. Analyzing how Crockett County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Crockett County Tax Rate
1.85%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Crockett County, Texas
In Crockett County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Crockett County Appraisal District. The assessed value, however, 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 Crockett County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Crockett County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. The median home price in Crockett County is $27,570, with annual tax bills ranging from $283 at the 25th percentile to $1,459 at the 90th percentile. Notably, Ozona has both the highest and lowest median tax bill at $505.
Average Crockett County Assessed Value
$27,570
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Bills Across Crockett County, Texas
In Crockett County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Various factors influence the assessed value, including property size, location, and market conditions. Homeowners in Crockett County experience a range of property tax bills. The 25th percentile tax bill is $283, while the 75th percentile reaches $883, and the 90th percentile peaks at $1,459. Despite these variations, the median tax bill in the county stands at $505, which is significantly lower than the national median property tax rate of 0.99%. This relatively low tax burden can make homeownership more affordable in Crockett County. However, it’s essential for homeowners to stay informed about changes in assessed values and tax rates to manage their financial obligations effectively.
Average Crockett County Tax Bill
$505
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690