Anderson, Texas Property Taxes
The median property tax rate in Anderson, TX is 1.46%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $76,840 in Anderson, the typical annual property tax bill reaches $1,239, which exceeds the national median of $2,690. Property taxes in Anderson are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Anderson'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 Anderson 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
Anderson, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$1,122
$1,041
Ownwell’s Anderson Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Anderson. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Anderson to provide an accurate estimate of your property tax bill. This user-friendly tool helps you understand your potential tax liabilities effortlessly. For those interested in more granular insights, you can scroll down to discover trends at the neighborhood level. Your property's assessed value, determined by the county, forms the basis for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Anderson, Texas
Property taxes in Anderson, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Anderson is 1.46%, higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within Anderson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anderson 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 Anderson's effective property tax rate to other counties in Texas and the national median. For comparison, the 77830 zip code has the highest median property tax rate of 1.46%, while the 77830 zip code also has the lowest median tax rate of 1.46%. Understanding how these cities compare with Anderson provides valuable insights into the varying tax landscape across Grimes County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anderson Tax Rate
1.46%
Average Grimes County Tax Rate
1.58%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anderson, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77830 | 1.27% | 1.36% | 1.46% | 1.63% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Anderson, Texas
In Anderson, 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 Grimes 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 Anderson, 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 Anderson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 77830 has the highest and lowest median tax bill at $1,239.
Average Anderson Assessed Value
$76,840
Average Grimes County Assessed Value
$49,760
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Anderson, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77830 | $3,840 | $31,440 | $76,840 | $217,460 | $394,982 |
Source: Ownwell
Property Tax Bills Across Anderson, Texas
In Anderson, located in Grimes 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 and reflects the market value of the property. The tax rate is set by local taxing authorities and is applied to the assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property's location, size, and condition. For instance, the median home price in Anderson is $76,840. Homeowners in the 25th percentile pay around $438 annually, while those in the 75th percentile face a tax bill of approximately $3,528. At the 90th percentile, the tax bill can reach up to $6,009. These property taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Anderson's rates can significantly impact homeowners, making it crucial for property owners to stay informed about their assessments and potential exemptions.
Average Anderson Tax Bill
$1,239
Average Grimes County Tax Bill
$808
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Anderson, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77830 | $64 | $438 | $1,239 | $3,528 | $6,009 |
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 | |
|---|---|
| Grimes Appraisal District | |
| Website | grimescad.org |