Roaring Springs, Texas Property Taxes
The median property tax rate in Roaring Springs, TX is 1.52%, which is notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $32,250, the typical annual property tax bill in Roaring Springs amounts to $491, well below the national median of $2,690. Property taxes in Roaring Springs are determined based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding the property tax system in Roaring Springs, exploring available exemptions, and identifying opportunities for reductions can result in significant annual savings. Whether you're located in the heart of Roaring Springs or elsewhere in the city, a thorough understanding of the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Roaring Springs, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.52%
Estimate Property Tax Bill
$490
$455
Ownwell’s Roaring Springs Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Roaring Springs with just two data points. By entering your property's estimated assessed value, the calculator utilizes the median tax rate in Roaring Springs to provide an accurate estimate of your property tax bill. This valuable tool aids in understanding potential tax liabilities, giving you a clearer financial picture. For those interested in more granular insights, additional localized information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and may include applicable exemptions.
Property Tax Rates Across Roaring Springs, Texas
Property taxes in Roaring Springs, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roaring Springs is 1.52%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Roaring Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roaring Springs 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 Roaring Springs' effective property tax rate to other counties in Texas and the national median. For comparison, the 79256 zip code has the highest median property tax rate of 1.52%, while the same zip code also has the lowest median tax rate of 1.52%. Understanding how these cities compare with Roaring Springs provides valuable insights into the varying tax landscape across Dickens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Roaring Springs Tax Rate
1.52%
Average Dickens County Tax Rate
2.48%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roaring Springs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79256 | 1.44% | 1.47% | 1.52% | 1.52% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Roaring Springs, Texas
In Roaring Springs, 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 Dickens 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 Roaring Springs, 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 Roaring Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 79256, both at $491.
Average Roaring Springs Assessed Value
$32,250
Average Dickens County Assessed Value
$32,585
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Roaring Springs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79256 | $31,602 | $31,845 | $32,250 | $46,880 | $55,658 |
Source: Ownwell
Property Tax Bills Across Roaring Springs, Texas
In Roaring Springs, located in Dickens County, TX, property tax bills are calculated based on the assessed value of a home. The median home price in Roaring Springs is $32,250, which significantly influences the property tax bill. The assessed value is then multiplied by the local tax rate to determine the final tax bill. The tax rate in Roaring Springs is relatively low compared to the national median property tax rate of 0.99%. Several factors are considered when determining the tax bill, including the property's assessed value and any applicable exemptions. Homeowners in Roaring Springs can expect a tax bill at the 25th percentile to be around $484, while those at the 75th percentile might pay approximately $683. The tax bill at the 90th percentile reaches about $798. These figures highlight the range of property tax burdens homeowners might face, depending on their specific property values. Overall, the property tax system in Roaring Springs aims to balance the needs of the community with the financial capabilities of its residents.
Average Roaring Springs Tax Bill
$491
Average Dickens County Tax Bill
$717
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Roaring Springs, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79256 | $481 | $484 | $491 | $683 | $798 |
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 | |
|---|---|
| Dickens Appraisal District | |
| Website | dickenscad.org |