Palmer, Ellis County, Texas Property Taxes
Median Palmer, TX effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Palmer, TX home value: $222,045
Median annual Palmer, TX tax bill: $2,581, $181 higher than the national median property tax bill of $2,400.
How are property taxes in Ellis County calculated?
Property taxes in Palmer, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Palmer’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Palmer, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Palmer, Ellis County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.26%
Estimate Property Tax Bill
$2,798
$2,596
$1,102
Average Tax Savings
Property Tax Rates Across Palmer, Ellis County, Texas
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Palmer, located in Ellis County, Texas, the effective property tax rate stands at 1.26%. This rate aligns with the highest and lowest median tax rates within the 75152 zip code, reflecting a consistent tax environment in the area. Compared to the national median property tax rate of 1.02%, Palmer's rate is higher, indicating a relatively more significant tax burden for property owners. However, this is not uncommon in Texas, where the state median property tax rate also aligns at 1.26%.
Understanding these rates is essential for property owners, as they directly impact annual tax bills. In Palmer, the property tax rate influences how much residents pay, potentially affecting decisions on property purchases and investments.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Palmer Tax Rate
1.26%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ellis County Tax Rate
1.33%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Palmer, Ellis County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75152 | 0.43% | 0.82% | 1.26% | 1.57% | 1.97% |
Source: Ownwell
$1,102
Average Palmer Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Palmer, Ellis County, Texas
When examining property taxes in Palmer, Texas, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Ellis County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Ellis County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Palmer.
For example, the median home price in Palmer is $222,045, with tax bills ranging significantly across the county. Zip code 75152 has the highest median home price at $222,045.
Property Tax Assessment Values Across Palmer, Ellis County, Texas
Source: Ownwell
$60,988
$398,914
$736,840
Median Palmer Market Value
$222,045
Median Ellis County Market Value
$332,264
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Palmer, Ellis County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75152 | $67,993 | $129,739 | $222,045 | $346,902 | $459,953 |
Source: Ownwell
$1,102
Average Palmer Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Palmer, Ellis County, Texas
In Palmer, located in Ellis County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. Homeowners in Palmer face a median property tax bill of approximately $2,581, slightly above the national median of $2,400. The tax rate in this region is applied to the assessed value to determine the final bill, with factors such as local government budgets and school district funding playing a significant role in the rate setting. This can lead to a wide range in tax bills, with the 25th percentile at $1,227 and the 90th percentile reaching $5,356.
For homeowners, these taxes can represent a substantial annual expense. Ownwell offers a solution by providing expert property tax appeal and exemption services, potentially lowering your tax bill. By analyzing your property's assessment and identifying discrepancies, Ownwell can help ensure your taxes are fair and accurate, potentially saving you hundreds or even thousands of dollars each year.
Median Palmer Tax Bill
$2,581
Median Ellis County Tax Bill
$4,181
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Palmer, Ellis County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75152 | $542 | $1,227 | $2,581 | $4,093 | $5,356 |
Source: Ownwell
$1,102
Average Palmer Tax Savings
Save on your property taxes & more with Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | January 31 |
Links | |
|---|---|
| Ellis Appraisal District | |
| Phone | (972) 825-5150 |
| Website | www.elliscad.com |
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