Pampa, Gray County, Texas Property Taxes
Median Pampa, TX effective property tax rate: 2.61%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Pampa, TX home value: $50,220
Median annual Pampa, TX tax bill: $1,185, $1,215 lower than the national median property tax bill of $2,400.
How are property taxes in Gray County calculated?
Property taxes in Pampa, 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 Pampa’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pampa, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pampa, Gray County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.61%
Estimate Property Tax Bill
$1,311
$1,216
Property Tax Rates Across Pampa, Gray County, Texas
Local government entities set tax rates, which can vary widely within a state. This variation is primarily due to the annual process where each county estimates its budgetary needs for providing essential services. They then divide this budget by the total assessed value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is the core of the annual process.
In Pampa, located in Gray County, Texas, the effective property tax rate stands at 2.61%, which is significantly higher than the national median of 1.02%. This rate is consistent across the zip codes 79065 and 79066, making it one of the highest in the state. When compared to the national median property tax bill of $2400, Pampa's higher rate reflects the local government's approach to funding services through property taxes. Understanding these rates and how they are determined can help property owners in Pampa make informed decisions about their property tax appeals and exemptions.
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 Pampa Tax Rate
2.61%
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 Gray County Tax Rate
2.61%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Pampa, Gray County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79065 | 1.85% | 2.44% | 2.61% | 2.61% | 2.61% |
| 79066 | 2.53% | 2.61% | 2.61% | 2.61% | 2.61% |
Source: Ownwell
Property Tax Assessment Values Across Pampa, Gray County, Texas
When examining property taxes in Pampa, TX, 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 Gray 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 Gray 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 Pampa. For example, the median home price in Pampa is $50,220, with tax bills ranging significantly across the county. Zip code 79065 has the highest median home price at $50,300.
Property Tax Assessment Values Across Pampa, Gray County, Texas
Source: Ownwell
$14,560
$75,180
$135,800
Median Pampa Market Value
$50,220
Median Gray County Market Value
$47,170
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Pampa, Gray County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79065 | $12,472 | $19,870 | $50,300 | $116,150 | $176,440 |
| 79066 | $4,498 | $8,825 | $14,880 | $21,045 | $30,708 |
Source: Ownwell
Property Tax Bills Across Pampa, Gray County, Texas
Median Pampa Tax Bill
$1,185
Median Gray County Tax Bill
$1,100
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Pampa, Gray County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79065 | $316 | $490 | $1,188 | $2,696 | $4,221 |
| 79066 | $117 | $203 | $388 | $549 | $801 |
Source: Ownwell
Don't miss the deadline to protest!
Dates |
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Links | |
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| Gray Appraisal District | |
| Website | esearch.graycad.org |