Stanton, Texas Property Taxes
The median property tax rate in Stanton, TX is 0.90%, which is lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $137,216 in Stanton, the typical annual property tax bill amounts to $1,240, significantly below the national median of $2,690. Property taxes in Stanton are based on the assessed value, which is often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Stanton'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 Stanton or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stanton, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$1,235
$1,146
Ownwell’s Stanton Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Stanton with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Stanton to estimate your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in seeing trends at a neighborhood level, you can scroll down to find more localized information. Your property’s assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Stanton, Texas
Property taxes in Stanton, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stanton is 0.90%, slightly below the U.S. national median of 0.99%. Local government entities within Stanton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stanton 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 Stanton's effective property tax rate to other counties in Texas and the national median. For comparison, the 79782 zip code has the highest median property tax rate of 0.90%, while the same zip code also has the lowest median tax rate of 0.90%. Understanding how these cities compare with Stanton provides valuable insights into the varying tax landscape across Glasscock County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stanton Tax Rate
0.90%
Average Glasscock County Tax Rate
0.90%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stanton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79782 | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Stanton, Texas
In Stanton, 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 Glasscock 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. 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 Stanton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Stanton are both $1240, found in the zip code 79782.
Average Stanton Assessed Value
$137,216
Average Glasscock County Assessed Value
$65,276
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stanton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79782 | $95,327 | $111,035 | $137,216 | $163,396 | $179,104 |
Source: Ownwell
Property Tax Bills Across Stanton, Texas
In Stanton, located in Glasscock County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Stanton is $137,216, and the property tax rate is applied to this assessed value to determine the tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. Homeowners in Stanton can expect their tax bills to vary. For example, the tax bill at the 25th percentile is $1,003, while at the 75th percentile, it rises to $1,476. At the 90th percentile, homeowners might see tax bills as high as $1,618. The highest median tax bill in the area is $1,240, recorded in zip code 79782. These tax bills are crucial for funding local services such as schools, infrastructure, and emergency services, impacting the overall quality of life for Stanton residents.
Average Stanton Tax Bill
$1,240
Average Glasscock County Tax Bill
$576
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Stanton, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79782 | $861 | $1,003 | $1,240 | $1,476 | $1,618 |
Source: Ownwell