Culberson County, Texas Property Taxes
The median property tax rate in Culberson County is 1.57%, which is notably higher than the national median of 0.99% but slightly lower than the Texas state median of 1.67%. With a median home value of $24,900, the typical annual property tax bill in Culberson County is $356, which is significantly below the national median of $2,690. Property taxes here are calculated based on the assessed value, often lower than the actual market value due to various exemptions like primary residence and agricultural exemptions. Understanding Culberson County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Van Horn or another part of Culberson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Culberson County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$391
$363
Ownwell’s Culberson County Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Culberson County using just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Culberson County to provide an estimate of 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 localized informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations, taking into account any exemptions you may have on your property.
Property Tax Rates Across Culberson County, Texas
Property taxes in Culberson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Culberson County is 1.57%, which is higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Culberson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Culberson 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 Culberson County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Van Horn has one of the higher property tax rates in Texas at 1.57%, while the city of Van Horn also boasts one of the lowest at 1.57%. Analyzing how Culberson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Culberson County Tax Rate
1.57%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Culberson County, Texas
In Culberson 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 Culberson 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 Culberson 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. Van Horn stands out with both the highest and lowest median tax bills at $356. Being aware of these valuation processes in Culberson County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Culberson County Assessed Value
$24,900
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Bills Across Culberson County, Texas
In Culberson County, TX, property tax bills are calculated based on the assessed value of a property and the applicable tax rate. The assessed value is determined by the county appraisal district and reflects the market value of the property. Factors such as property size, location, and condition influence this valuation. The tax rate, set by local taxing authorities, is applied to the assessed value to determine the annual tax bill. For example, a property with a median home price of $24,900 could see a tax bill ranging from $130 at the 25th percentile to $1,487 at the 90th percentile. The highest median tax bill in the county is $356, found in Van Horn. These property taxes fund essential public services such as schools, infrastructure, and emergency services. Homeowners in Culberson County need to budget for these taxes, which can significantly impact their annual expenses. Compared to the national median property tax rate of 0.99%, Culberson County's rates provide a unique perspective on property tax obligations in Texas.
Average Culberson County Tax Bill
$356
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690