Orange Grove, Texas Property Taxes
The median property tax rate in Orange Grove, TX is 1.37%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $78,350 in Orange Grove, the typical annual property tax bill amounts to $1,070, still below the national median of $2,690. Property taxes in Orange Grove are calculated based on the assessed value, which is often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Orange Grove'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 Orange Grove 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
Orange Grove, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$1,073
$996
Ownwell’s Orange Grove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orange Grove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orange Grove 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 Orange Grove, Texas
Property taxes in Orange Grove, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orange Grove is 1.37%, higher than both the Texas state median of 1.6% and the U.S. national median of 0.99%. Local government entities within Orange Grove set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orange Grove 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 Orange Grove's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 78372 has the highest median property tax rate of 1.37%, while the same zip code also has the lowest median tax rate of 1.37%. Understanding how these cities compare with Orange Grove provides valuable insights into the varying tax landscape across Jim Wells County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Orange Grove Tax Rate
1.37%
Average Duval County Tax Rate
2.33%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orange Grove, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78372 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Orange Grove, Texas
In Orange Grove, 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 Duval 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 Orange Grove, 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 Orange Grove 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 bills is 78372, both with a tax bill of $1,070, reflecting the uniformity in property tax assessments within the area.
Average Orange Grove Assessed Value
$78,350
Average Duval County Assessed Value
$41,680
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Orange Grove, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78372 | $78,350 | $78,350 | $78,350 | $78,350 | $78,350 |
Source: Ownwell
Property Tax Bills Across Orange Grove, Texas
In Orange Grove, located in Duval County, TX, property tax bills are determined based on the assessed value of a home. For homeowners, the median home price stands at $78,350. Property taxes are calculated by multiplying the assessed value by the local tax rate. The tax bill for most homeowners in the area typically falls around $1,070, which is consistent across the 25th, 75th, and 90th percentiles. This uniformity suggests a stable tax environment within the city. Factors that influence the tax bill include the assessed value of the property, which is determined by local assessors, and the specific tax rate set by local taxing authorities. Compared to the national median property tax rate of 0.99%, Orange Grove's property taxes are relatively straightforward and predictable. For homeowners, this means a reliable estimate of annual tax obligations, aiding in better financial planning. However, it's essential to stay informed about any changes in local tax rates or property assessments that could impact future tax bills.
Average Orange Grove Tax Bill
$1,070
Average Duval County Tax Bill
$915
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Orange Grove, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78372 | $1,070 | $1,070 | $1,070 | $1,070 | $1,070 |
Source: Ownwell