Goliad, Texas Property Taxes
The median property tax rate in Goliad, TX is 1.88%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Goliad, the typical annual property tax bill reaches $1,844, which is lower than the national median of $2,690. Property taxes in Goliad 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 Goliad'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 Goliad 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
Goliad, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.88%
Estimate Property Tax Bill
$1,840
$1,707
Ownwell’s Goliad Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Goliad with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Goliad 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 Goliad, Texas
Property taxes in Goliad, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Goliad is 1.88%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Goliad set these rates annually, and they can vary significantly across different neighborhoods. Each year, Goliad 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 Goliad's effective property tax rate to other counties in Texas and the national median. For comparison, the 77963 zip code has the highest median property tax rate of 1.88%, while the 77963 zip code has the lowest median tax rate of 1.88%. Understanding how these cities compare with Goliad provides valuable insights into the varying tax landscape across Goliad County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Goliad Tax Rate
1.88%
Average Goliad County Tax Rate
1.88%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Goliad, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77963 | 1.34% | 1.66% | 1.88% | 2.30% | 3.10% |
Source: Ownwell
Property Tax Assessment Values Across Goliad, Texas
In Goliad, 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 Goliad 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 Goliad, 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. The median home price in Goliad is $97,871, with tax bills ranging from $740 at the 25th percentile to $5,688 at the 90th percentile. The highest and lowest median tax bills are both $1,844, found in the 77963 zip code. 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 Goliad helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Goliad Assessed Value
$97,871
Average Goliad County Assessed Value
$106,818
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Goliad, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77963 | $18,273 | $40,950 | $97,871 | $205,622 | $334,591 |
Source: Ownwell
Property Tax Bills Across Goliad, Texas
Property tax bills in Goliad, Texas, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county appraisal district, which estimates the market value of the property. Once the market value is assessed, exemptions such as homestead or senior citizen exemptions may be applied, reducing the taxable value. The local tax rate, set by various taxing entities like school districts, cities, and special districts, is then applied to this taxable value to determine the annual property tax bill. For example, with a median home price of $97,871 in Goliad, homeowners can expect varying tax bills. The 25th percentile tax bill is around $740, while the 75th percentile reaches up to $3,830, and the 90th percentile can hit $5,688. These tax bills impact homeowners by influencing their annual budget and potentially affecting their ability to afford their homes. Compared to the national median property tax rate of 0.99%, Goliad's tax rates can be relatively high or low depending on the exact assessed values and applicable exemptions.
Average Goliad Tax Bill
$1,844
Average Goliad County Tax Bill
$1,971
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Goliad, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77963 | $324 | $740 | $1,844 | $3,830 | $5,688 |
Source: Ownwell