North Zulch, Texas Property Taxes
The median property tax rate in North Zulch, TX is 1.49%, which is notably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value in North Zulch of $53,710, the typical annual property tax bill amounts to $902, falling below the national median of $2,690. Property taxes in North Zulch are determined based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural land. By understanding North Zulch's property tax system, exploring available exemptions, and identifying potential reductions, homeowners and real estate investors can achieve substantial annual savings. Whether residing in the heart of North Zulch or its surrounding areas, a thorough grasp of the local property tax system is beneficial for managing property expenses effectively.
Last Updated June 14, 2024
North Zulch, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.49%
Estimate Property Tax Bill
$800
$743
Ownwell’s North Zulch Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in North Zulch with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in North Zulch to project your property tax bill. This valuable tool helps you grasp potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is the value assigned by the county for property tax purposes, accounting for any applicable exemptions.
Property Tax Rates Across North Zulch, Texas
Property taxes in North Zulch, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North Zulch is 1.49%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within North Zulch set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Zulch 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 North Zulch's effective property tax rate to other counties in Texas and the national median. For comparison, the 77872 zip code has the highest median property tax rate of 1.49%, while the 77872 zip code also has the lowest median tax rate of 1.49%. Understanding how these cities compare with North Zulch 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 North Zulch Tax Rate
1.49%
Average Grimes County Tax Rate
1.58%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across North Zulch, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77872 | 1.30% | 1.36% | 1.49% | 1.67% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across North Zulch, Texas
In North Zulch, 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 North Zulch, 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 North Zulch helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 77872 has both the highest and lowest median tax bill at $902, reflecting the varied property values within the area.
Average North Zulch Assessed Value
$53,710
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 North Zulch, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77872 | $10,272 | $31,050 | $53,710 | $104,850 | $229,664 |
Source: Ownwell
Property Tax Bills Across North Zulch, Texas
In North Zulch, located in Grimes County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local appraisal district, which evaluates the property's market value. Homeowners in North Zulch face a median home price of $53,710. The property tax rate in this area is then applied to the assessed value to determine the annual tax bill. For example, homeowners at the 25th percentile pay around $474 annually, while those at the 75th percentile see tax bills closer to $2,045. At the higher end, the 90th percentile tax bill reaches $3,751. These figures highlight the range of property tax burdens that homeowners can expect, influenced by factors such as property size, location, and market trends. Compared to the national median property tax rate of 0.99%, North Zulch homeowners experience varying tax bills, which can significantly impact their annual financial planning and overall cost of homeownership.
Average North Zulch Tax Bill
$902
Average Grimes County Tax Bill
$808
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across North Zulch, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77872 | $145 | $474 | $902 | $2,045 | $3,751 |
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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Grimes Appraisal District | |
Website | grimescad.org |