Boling, Texas Property Taxes
The median property tax rate in Boling, TX is 1.14%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Boling, the typical annual property tax bill reaches $3,894, exceeding the national median of $2,690. Property taxes in Boling are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Boling'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 Boling 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
Boling, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$4,491
$4,167
$1,148
Average Tax Savings
Ownwell’s Boling Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Boling with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Boling to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Boling. 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 Boling, Texas
Property taxes in Boling, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Boling is 1.14%, higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Boling set these rates annually, and they can vary significantly across different neighborhoods. Each year, Boling 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 Boling's effective property tax rate to other counties in Texas and the national median. For comparison, the 77420 zip code has the highest median property tax rate of 1.14%, while the 77420 zip code has the lowest median tax rate of 1.14%. Understanding how these cities compare with Boling provides valuable insights into the varying tax landscape across Fort Bend County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Boling Tax Rate
1.14%
Average Fort Bend County Tax Rate
1.70%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Boling, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77420 | 0.75% | 0.88% | 1.14% | 1.57% | 1.65% |
Source: Ownwell
$1,148
Average Boling Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Boling, Texas
In Boling, 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 Fort Bend 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 Boling, 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 Boling helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bills in the area is 77420, with a median tax bill of $3,894.
Average Boling Assessed Value
$393,908
Average Fort Bend County Assessed Value
$370,984
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Boling, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77420 | $186,005 | $312,739 | $393,908 | $447,000 | $573,004 |
Source: Ownwell
$1,148
Average Boling Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Boling, Texas
In Boling, located in Fort Bend County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to arrive at the annual tax bill. For instance, with a median home price of $393,908, homeowners in Boling can expect to pay varying amounts depending on their property’s assessed value. The tax bill ranges from $3,417 at the 25th percentile to $8,429 at the 90th percentile, with the highest median tax bill recorded at $3,894. Several factors influence these tax bills, including property location, market conditions, and any applicable exemptions. High property taxes can significantly impact homeowners by increasing their annual expenses. Ownwell helps homeowners in Boling reduce their property tax bills through expert property tax appeal and exemption services. By challenging inaccurate assessments and ensuring all eligible exemptions are applied, Ownwell can help homeowners achieve substantial savings on their annual tax bills.
Average Boling Tax Bill
$3,894
Average Fort Bend County Tax Bill
$6,331
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Boling, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77420 | $1,975 | $3,417 | $3,894 | $6,337 | $8,429 |
Source: Ownwell
$1,148
Average Boling 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 | November 30 |
Due Date #2 | June 30 |
Links | |
---|---|
Fort Bend Appraisal District | |
Phone | (281) 344-8623 |
Website | esearch.fbcad.org |
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