White Oak, Texas Property Taxes
The median property tax rate in White Oak, TX is 1.21%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $210,390 in White Oak, the typical annual property tax bill amounts to $2,280, slightly below the national median of $2,690. Property taxes in White Oak are calculated based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding White Oak'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 Oak 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 Oak, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,546
$2,362
Ownwell’s White Oak Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in White Oak with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in White Oak 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 White Oak, Texas
Property taxes in White Oak, Texas, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in White Oak is 1.21%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within White Oak set these rates annually, and they can vary significantly across different neighborhoods. Each year, White Oak 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 Oak's effective property tax rate to other counties in Texas and the national median. For comparison, the 75693 zip code has the highest median property tax rate of 1.21%, while the same zip code also has the lowest median tax rate of 1.21%. Understanding how these cities compare with White Oak 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 White Oak Tax Rate
1.21%
Average Gregg County Tax Rate
1.04%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across White Oak, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75693 | 0.42% | 0.79% | 1.21% | 1.45% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across White Oak, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in White Oak, Texas. 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 White Oak, 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. For example, the median home price in White Oak is $210,390, with tax bills ranging from $1,163 at the 25th percentile to $4,713 at the 90th percentile. The zip code 75693 has both the highest and lowest median tax bill of $2,280. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average White Oak Assessed Value
$210,390
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 White Oak, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75693 | $62,440 | $143,505 | $210,390 | $270,745 | $356,030 |
Source: Ownwell
Property Tax Bills Across White Oak, Texas
In White Oak, located 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 White Oak experience property tax rates that are generally competitive, with the median home price being $210,390. Tax bills can vary significantly within the city. For instance, the 25th percentile tax bill is $1,163, while the 75th percentile tax bill rises to $3,425. At the higher end, the 90th percentile tax bill can reach up to $4,713. These variations depend on factors such as property size, location, and improvements. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax obligations. Higher property taxes can impact homeowners by increasing annual expenses, but they also contribute to local services and infrastructure, enhancing the community's overall quality of life.
Average White Oak Tax Bill
$2,280
Average Gregg County Tax Bill
$1,405
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across White Oak, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75693 | $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 | |
|---|---|
| Gregg Appraisal District | |
| Website | esearch.gcad.org |