White Deer, Texas Property Taxes
The median property tax rate in White Deer, TX is 1.52%, which is considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in White Deer at $217,620, the typical annual property tax bill reaches $3,288, surpassing the national median of $2,690. Property taxes in White Deer are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding White Deer'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 White Deer 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
White Deer, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.52%
Estimate Property Tax Bill
$3,308
$3,070
Ownwell’s White Deer Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in White Deer. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in White Deer to provide an accurate estimate of your property tax bill. This tool offers clear insights into potential tax liabilities, helping you make informed decisions. For those curious about neighborhood-level trends, more localized information is available below. Your property’s assessed value, determined by Gray County, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across White Deer, Texas
Property taxes in White Deer, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in White Deer is 1.52%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within White Deer set these rates annually, and they can vary significantly across different neighborhoods. Each year, White Deer 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 White Deer's effective property tax rate to other counties in Texas and the national median. For comparison, the 79097 zip code has the highest median property tax rate of 1.52%, while the same zip code also has the lowest median tax rate of 1.52%. Understanding how these cities compare with White Deer provides valuable insights into the varying tax landscape across Gray County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average White Deer Tax Rate
1.52%
Average Gray County Tax Rate
2.61%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across White Deer, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79097 | 1.45% | 1.48% | 1.52% | 1.57% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across White Deer, Texas
In White Deer, 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 Gray 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 White Deer, 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 White Deer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 79097, both at $3,288.
Average White Deer Assessed Value
$217,620
Average Gray County Assessed Value
$47,170
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across White Deer, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79097 | $196,596 | $204,480 | $217,620 | $230,760 | $238,644 |
Source: Ownwell
Property Tax Bills Across White Deer, Texas
In White Deer, located in Gray County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local appraisal district and reflects the market value of the property. Homeowners in White Deer experience a range of property tax bills, with the 25th percentile at $3,184 and the 75th percentile at $3,393. The 90th percentile tax bill is $3,456, indicating that most homeowners fall within this range. These tax bills are influenced by several factors, including the property's assessed value, local tax rates, and any applicable exemptions. For instance, a home with a median price of $217,620 will have its tax bill calculated by multiplying the assessed value by the local tax rate. Compared to the national median property tax rate of 0.99%, White Deer's rates can be relatively high, impacting homeowners' annual expenses significantly. Understanding these factors helps homeowners better anticipate their financial commitments.
Average White Deer Tax Bill
$3,288
Average Gray County Tax Bill
$1,100
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across White Deer, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79097 | $3,121 | $3,184 | $3,288 | $3,393 | $3,456 |
Source: Ownwell