Ackerly, Texas Property Taxes
The median property tax rate in Ackerly, TX is 2.06%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Ackerly at $110,145, the typical annual property tax bill reaches $1,929, which is below the national median of $2,690. Property taxes in Ackerly are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Ackerly'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 Ackerly 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
Ackerly, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.06%
Estimate Property Tax Bill
$2,269
$2,100
Ownwell’s Ackerly Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ackerly with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ackerly to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Ackerly, Texas
Property taxes in Ackerly, Texas, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Ackerly is 2.06%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Ackerly set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ackerly 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 Ackerly's effective property tax rate to other counties in Texas and the national median. For comparison, the 79713 zip code has the highest median property tax rate of 2.06%, while the same zip code also has the lowest median tax rate of 2.06%. Understanding how these cities compare with Ackerly provides valuable insights into the varying tax landscape across Dawson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ackerly Tax Rate
2.06%
Average Dawson County Tax Rate
3.05%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ackerly, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79713 | 1.70% | 1.96% | 2.06% | 2.12% | 2.12% |
Source: Ownwell
Property Tax Assessment Values Across Ackerly, Texas
In Ackerly, 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 Dawson 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 Ackerly, 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 Ackerly helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Ackerly is $1,929 in the 79713 zip code, which is above the national median property tax rate of 0.99%.
Average Ackerly Assessed Value
$110,145
Average Dawson County Assessed Value
$47,460
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ackerly, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79713 | $14,109 | $41,715 | $110,145 | $151,248 | $195,272 |
Source: Ownwell
Property Tax Bills Across Ackerly, Texas
In Ackerly, property tax bills are calculated based on the assessed value of the property, which is determined by Dawson County. The assessed value is a percentage of the property's market value, and this value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the tax bill, including property location, market conditions, and any applicable exemptions. For homeowners in Ackerly, the median home price is $110,145. Property tax bills can vary significantly, with the 25th percentile at $884 and the 75th percentile reaching $3,019. The 90th percentile tax bill is even higher at $3,510. These variations highlight how different factors, such as property size and location within the city, can impact the final tax amount. Compared to the national median property tax rate of 0.99%, Ackerly's rates can lead to differing financial impacts on homeowners, making it essential to understand how these taxes are calculated and managed.
Average Ackerly Tax Bill
$1,929
Average Dawson County Tax Bill
$1,299
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Ackerly, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79713 | $299 | $884 | $1,929 | $3,019 | $3,510 |
Source: Ownwell