Cleveland, Texas Property Taxes
The median property tax rate in Cleveland, TX is 1.64%, which is considerably higher than the national median of 0.99% but slightly below the Texas state median of 1.67%. With a median home value of $42,000 in Cleveland, the typical annual property tax bill amounts to $689, falling well below the national median of $2,690. Property taxes in Cleveland 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 Cleveland'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 Cleveland 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
Cleveland, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.64%
Estimate Property Tax Bill
$689
$639
Ownwell’s Cleveland Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Cleveland using just two data points. By inputting your property's estimated assessed value, the calculator applies the median tax rate in Cleveland to predict your property tax bill. This invaluable tool provides a clear understanding of potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Cleveland, Texas
Property taxes in Cleveland, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cleveland is 1.64%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Cleveland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cleveland 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 Cleveland's effective property tax rate to other counties in Texas and the national median. For comparison, the 77328 zip code has the highest median property tax rate of 1.64%, while the 77328 zip code also has the lowest median tax rate of 1.64%. Understanding how these cities compare with Cleveland 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 Cleveland Tax Rate
1.64%
Average Grimes County Tax Rate
1.58%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cleveland, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77328 | 1.64% | 1.64% | 1.64% | 1.64% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Cleveland, Texas
In Cleveland, 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 Cleveland, 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. Cleveland’s median home price is $42,000, with the highest and lowest median tax bills being $689 in the 77328 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 Cleveland Assessed Value
$42,000
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 Cleveland, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77328 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 |
Source: Ownwell
Property Tax Bills Across Cleveland, Texas
In Cleveland, Grimes County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $42,000. Homeowners can expect a median tax bill of $689, which is consistent across the 25th, 75th, and 90th percentiles, indicating a uniform tax rate application. This tax bill is derived by multiplying the assessed home value by the local tax rate. Several factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. The tax rate in Cleveland is set by local authorities and can vary annually based on budgetary needs and public services funding. Compared to the national median property tax rate of 0.99%, Cleveland's tax rate results in a relatively moderate tax bill for homeowners. Understanding how these elements interact can help homeowners anticipate their annual expenses and manage their finances more effectively.
Average Cleveland Tax Bill
$689
Average Grimes County Tax Bill
$808
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Cleveland, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77328 | $689 | $689 | $689 | $689 | $689 |
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 |