Longview, Texas Property Taxes
The median property tax rate in Longview, TX is 1.07%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $183,745 in Longview, the typical annual property tax bill amounts to $1,458, which is below the national median of $2,690. Property taxes in Longview are based on the assessed value, which is often less than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Longview'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 Longview 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
Longview, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$1,966
$1,824
Ownwell’s Longview Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Longview with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Longview 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 Longview, Texas
Property taxes in Longview, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Longview is 1.07%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Longview set these rates annually, and they can vary significantly across different neighborhoods. Each year, Longview 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 Longview's effective property tax rate to other counties in Texas and the national median. For comparison, the 75601 zip code has the highest median property tax rate of 1.38%, while 75604 has the lowest median tax rate of 0.58%. Understanding how these cities compare with Longview provides valuable insights into the varying tax landscape across Gregg County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Longview Tax Rate
1.07%
Average Gregg County Tax Rate
1.04%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Longview, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75601 | 0.57% | 1.07% | 1.38% | 1.59% | 1.74% |
| 75602 | 0.37% | 0.92% | 1.34% | 1.56% | 1.74% |
| 75603 | 0.29% | 0.76% | 1.15% | 1.40% | 1.71% |
| 75604 | 0.32% | 0.47% | 0.58% | 0.76% | 1.44% |
| 75605 | 0.42% | 0.61% | 1.18% | 1.47% | 1.68% |
| 75606 | 0.99% | 0.99% | 0.99% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Longview, Texas
In Longview, 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 Gregg 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 Longview, 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. For instance, the highest median tax bill in Longview is $2,582 in the 75605 zip code, while the lowest is $931 in the 75606 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Longview Assessed Value
$183,745
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 Longview, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75601 | $54,263 | $95,822 | $162,830 | $231,538 | $318,760 |
| 75602 | $43,058 | $62,400 | $88,560 | $129,472 | $170,790 |
| 75603 | $12,000 | $41,195 | $135,580 | $255,710 | $373,844 |
| 75604 | $64,072 | $124,040 | $186,680 | $250,740 | $335,210 |
| 75605 | $130,202 | $193,055 | $242,025 | $335,942 | $486,933 |
| 75606 | $105,050 | $120,875 | $147,250 | $173,625 | $189,450 |
Source: Ownwell
Property Tax Bills Across Longview, Texas
In Longview, property tax bills are calculated based on the assessed value of a property, which is determined by the Gregg County Appraisal District. The assessed value is a percentage of the market value, reflecting current real estate conditions. Homeowners in Longview face varying tax bills depending on their property's assessed value and the tax rate set by local taxing authorities. For instance, the median home price in Longview is $183,745, and property tax bills can range significantly. At the 25th percentile, homeowners might pay around $771, while at the 75th percentile, the tax bill could be as high as $2,789. The highest median tax bill in the area ($2,582) is found in the 75605 zip code, whereas the lowest median tax bill ($931) is in the 75606 zip code. These variations can significantly impact homeowners, influencing decisions about buying, selling, or investing in property. Compared to the national median property tax rate of 0.99%, Longview's property tax rates offer a diverse financial landscape for its residents.
Average Longview Tax Bill
$1,458
Average Gregg County Tax Bill
$1,405
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Longview, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75601 | $484 | $1,017 | $2,071 | $3,043 | $4,403 |
| 75602 | $256 | $614 | $1,047 | $1,613 | $2,290 |
| 75603 | $97 | $342 | $1,288 | $2,641 | $4,373 |
| 75604 | $298 | $601 | $1,041 | $1,843 | $3,199 |
| 75605 | $709 | $1,322 | $2,582 | $4,158 | $6,566 |
| 75606 | $931 | $931 | $931 | $931 | $931 |
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 | |
|---|---|
| Gregg Appraisal District | |
| Website | esearch.gcad.org |