Post, Texas Property Taxes
The median property tax rate in POST, TX is 1.53%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in POST, the typical annual property tax bill reaches $2,382, which is below the national median of $2,690. Property taxes in POST 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 POST'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 POST 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
Post, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.53%
Estimate Property Tax Bill
$2,351
$2,182
Ownwell’s POST Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in POST. By simply entering your property's estimated assessed value, the calculator utilizes the median tax rate in POST to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value, determined by the county, forms the basis for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Post, Texas
Property taxes in POST, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in POST is 1.53%, higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within POST set these rates annually, and they can vary significantly across different neighborhoods. Each year, POST 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 POST's effective property tax rate to other counties in Texas and the national median. For comparison, the 79356 zip code has the highest median property tax rate of 1.53%, while the 79356 zip code has the lowest median tax rate of 1.53%. Understanding how these cities compare with POST provides valuable insights into the varying tax landscape across Crosby, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Post Tax Rate
1.53%
Average Crosby County Tax Rate
2.27%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Post, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79356 | 0.87% | 1.32% | 1.53% | 1.65% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Post, Texas
In POST, 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 Crosby 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 POST, 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 POST helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in POST is $2382 in the 79356 zip code.
Average Post Assessed Value
$153,686
Average Crosby County Assessed Value
$53,460
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Post, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79356 | $103,429 | $127,534 | $153,686 | $243,926 | $268,886 |
Source: Ownwell
Property Tax Bills Across Post, Texas
In POST, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, the median home price in POST is $153,686, and property tax bills can vary significantly. Homeowners in the 25th percentile can expect a tax bill around $1,860, while those in the 75th percentile may see bills closer to $2,931. For those in the 90th percentile, tax bills can reach up to $3,670. Several factors influence these tax bills, including property size, location, and market conditions. These taxes are crucial for funding local services such as schools, roads, and emergency services, directly impacting the community's quality of life. Homeowners should be aware of these factors, as they can affect their annual financial planning and the overall affordability of their homes.
Average Post Tax Bill
$2,382
Average Crosby County Tax Bill
$1,091
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Post, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79356 | $1,466 | $1,860 | $2,382 | $2,931 | $3,670 |
Source: Ownwell