Gregg County Property Taxes
The median property tax rate in Gregg County is 1.04%, which is slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Gregg County at $177,200, the typical annual property tax bill is around $1,405, significantly below the national median of $2,690. Property taxes in Gregg County are based on the tax-assessed value, which is often less than the actual market value due to various property tax exemptions such as those for primary residences and agricultural land. Understanding the specific property tax system in Gregg County, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether residing in Longview or another part of Gregg County, gaining comprehensive knowledge of local property taxes is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Gregg County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$1,843
$1,710
Ownwell’s Gregg County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gregg County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Gregg County to provide an accurate estimate of your property tax bill. This tool helps you understand potential tax liabilities and make informed financial decisions. For more localized insights, scroll down to explore property tax trends on a city level. Your property's assessed value is determined by the county and includes any exemptions you may be eligible for, ensuring a personalized and precise tax estimate.
Property Tax Rates Across Gregg County, Texas
Property taxes in Gregg County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Gregg County is 1.04%, which is higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Gregg County set these rates annually, and they can vary significantly between different areas within the county. Each year, Gregg County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Gregg County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Easton has one of the higher property tax rates in Texas at 1.72%, while the city of Gladewater boasts one of the lowest at 0.78%. Analyzing how Gregg County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Gregg County Tax Rate
1.04%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gregg County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Easton | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% |
Gilmer | 0.59% | 0.79% | 1.13% | 1.24% | 1.32% |
Gladewater | 0.28% | 0.51% | 0.78% | 0.93% | 1.11% |
Kilgore | 0.33% | 0.71% | 1.10% | 1.39% | 1.65% |
Longview | 0.37% | 0.56% | 1.07% | 1.45% | 1.67% |
Tatum | 0.25% | 0.43% | 1.01% | 1.38% | 10.05% |
White Oak | 0.42% | 0.79% | 1.21% | 1.45% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Gregg County, Texas
In Gregg County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Gregg County Appraisal District. The assessed value, however, 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 in Gregg County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Gregg County, the median home price is $177,200, with tax bills varying significantly. Gilmer has the highest median tax bill at $3,747, while Tatum has the lowest at $640. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Gregg County Assessed Value
$177,200
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gregg County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Easton | $139,220 | $139,220 | $139,220 | $139,220 | $139,220 |
Gilmer | $104,060 | $250,545 | $339,180 | $434,855 | $567,276 |
Gladewater | $29,774 | $58,070 | $130,075 | $225,640 | $321,385 |
Kilgore | $16,605 | $52,588 | $129,810 | $235,470 | $332,865 |
Longview | $52,339 | $101,345 | $183,745 | $258,158 | $371,040 |
Tatum | $19,836 | $46,320 | $63,150 | $99,940 | $155,503 |
White Oak | $62,440 | $143,505 | $210,390 | $270,745 | $356,030 |
Source: Ownwell
Property Tax Bills Across Gregg County, Texas
In Gregg County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the market value of the property. Homeowners in Gregg County experience a wide range of tax bills, influenced by the value of their homes and the applicable tax rates. For instance, the median home price in Gregg County is $177,200. Tax bills in the county can vary significantly, with the 25th percentile tax bill at $693 and the 75th percentile at $2714. At the 90th percentile, homeowners might see tax bills as high as $4289. Comparatively, the highest median tax bill in the county is $3747 in Gilmer, while the lowest is $640 in Tatum. These variations highlight the impact of property values and tax rates on homeowners. Understanding these factors can help homeowners anticipate their tax obligations and plan accordingly.
Average Gregg County Tax Bill
$1,405
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Gregg County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Easton | $2,399 | $2,399 | $2,399 | $2,399 | $2,399 |
Gilmer | $541 | $2,247 | $3,747 | $4,475 | $5,773 |
Gladewater | $151 | $383 | $789 | $1,583 | $2,557 |
Kilgore | $111 | $412 | $1,224 | $2,444 | $3,723 |
Longview | $345 | $771 | $1,458 | $2,789 | $4,516 |
Tatum | $119 | $480 | $640 | $1,175 | $1,337 |
White Oak | $329 | $1,163 | $2,280 | $3,425 | $4,713 |
Source: 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 | |
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Gregg Appraisal District | |
Website | esearch.gcad.org |