Bacliff, Texas Property Taxes
The median property tax rate in Bacliff, TX is 1.51%, which is significantly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Bacliff at $160,920, the typical annual property tax bill amounts to $1,730, falling below the national median of $2,690. Property taxes in Bacliff are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural uses. Understanding Bacliff's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Bacliff or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bacliff, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.51%
Estimate Property Tax Bill
$2,430
$2,255
$1,148
Average Tax Savings
Ownwell’s Bacliff Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bacliff with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bacliff 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 Bacliff. 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 Bacliff, Texas
Property taxes in Bacliff, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bacliff is 1.51%, higher than both the Texas state median of 1.60% and the U.S. national median of 0.99%. Local government entities within Bacliff set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bacliff 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 Bacliff's effective property tax rate to other counties in Texas and the national median. For comparison, the 77518 zip code has the highest median property tax rate of 1.51%, while the 77518 zip code has the lowest median tax rate of 1.51%. Understanding how these cities compare with Bacliff provides valuable insights into the varying tax landscape across Galveston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bacliff Tax Rate
1.51%
Average Galveston County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bacliff, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77518 | 0.42% | 0.90% | 1.51% | 1.93% | 2.31% |
Source: Ownwell
$1,148
Average Bacliff Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Bacliff, Texas
In Bacliff, 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 Galveston 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 Bacliff, 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 Bacliff helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Bacliff are both $1,730, found in the 77518 zip code.
Average Bacliff Assessed Value
$160,920
Average Galveston County Assessed Value
$305,463
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bacliff, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77518 | $8,591 | $31,542 | $160,920 | $252,230 | $314,532 |
Source: Ownwell
$1,148
Average Bacliff Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Bacliff, Texas
In Bacliff, Galveston County, TX, property tax bills are calculated based on the assessed value of your home, which is derived from the market value. The local tax rate is then applied to this assessed value. Factors such as property size, location, and improvements can influence the assessed value, subsequently affecting the tax bill. For example, median home prices in Bacliff are around $160,920, leading to varied tax bills. The 25th percentile tax bill is approximately $476, while the 75th percentile reaches $3,603, and the 90th percentile can go up to $4,823. Ownwell helps homeowners by offering property tax appeal and exemption services. By reviewing your property’s assessed value and comparing it with similar properties, Ownwell identifies discrepancies and files appeals to ensure you’re not overpaying. This can lead to significant savings, especially in a region where the highest median tax bill is $1,730. Trust Ownwell to navigate the complexities of property tax assessments and secure the best possible outcome for you.
Average Bacliff Tax Bill
$1,730
Average Galveston County Tax Bill
$4,120
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Bacliff, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77518 | $152 | $476 | $1,730 | $3,603 | $4,823 |
Source: Ownwell
$1,148
Average Bacliff 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 | |
---|---|
Galveston Appraisal District | |
Website | esearch.galvestoncad.org |
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