Canadian, Hemphill County, Texas Property Taxes

Name: Property Tax Bills Across Canadian, Hemphill County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Canadian, TX effective property tax rate: 2.65%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Canadian, TX home value: $70,230
Median annual Canadian, TX tax bill: $1,716, $684 lower than the national median property tax bill of $2,400.

How are property taxes in Hemphill County calculated?

Property taxes in Canadian, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Canadian’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Canadian, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Canadian, Hemphill County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.65%

Estimate Property Tax Bill

$1,861

$1,727

Ownwell’s Canadian Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Canadian with just two data points. By entering your property's estimated assessed value, our calculator applies Canadian’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Hemphill County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Canadian, Hemphill County, Texas

Local government entities are responsible for setting tax rates, leading to significant variations within Texas. Each year, counties like Hemphill estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This process determines the property tax rate. While votes and laws play a role in this, this is essentially how the annual process unfolds. In Canadian, located in Hemphill County, the effective property tax rate stands at 2.65%, which is notably higher than the national median rate of 1.02%. This rate is among the highest in Texas, reflecting the county's budgetary needs and property values. Despite the high rate, Canadian residents benefit from the services funded by these taxes. Understanding how these rates compare to other cities in Texas and nationwide can help property owners make informed decisions about appealing their property taxes and seeking exemptions.

Property Tax Rates Across Canadian, Hemphill County, Texas

Source: Ownwell

1.68%

2.16%

2.65%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Canadian Tax Rate

2.65%

Median Effective Hemphill County Tax Rate

2.65%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Canadian, Hemphill County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
79014	1.87%	1.87%	2.65%	2.65%	2.65%

Source: Ownwell

Property Tax Assessment Values Across Canadian, Hemphill County, Texas

When examining property taxes in Canadian, Texas, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Hemphill County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Hemphill County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Canadian.

For example, the median home price in Canadian is $70,230, with tax bills ranging significantly across the county. Zip code 79014 has the highest median home price at $70,230.

Property Tax Assessment Values Across Canadian, Hemphill County, Texas

Source: Ownwell

$70,230

$74,320

$78,410

Median Canadian Market Value

$70,230

Median Hemphill County Market Value

$70,510

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Canadian, Hemphill County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
79014	$8,440	$25,555	$70,230	$123,965	$184,555

Source: Ownwell

Property Tax Bills Across Canadian, Hemphill County, Texas

In Canadian, located in Hemphill County, TX, property tax bills are calculated based on the assessed value of the property and the local tax rate. With the median home price at $70,230, the property tax rate in Canadian is relatively competitive. Homeowners here experience a median property tax bill of $1,716, which is below the national median of $2,400. This lower tax bill can be attributed to the local tax rate and the assessed property values. However, tax bills can vary significantly, with the 25th percentile at $650 and the 90th percentile reaching $4,530, indicating a broad range of possible tax burdens depending on specific property assessments. Homeowners often find it challenging to navigate these assessments and ensure they're not overpaying. This is where Ownwell steps in, offering expert property tax appeal services. By analyzing local tax assessments and market values, Ownwell helps homeowners identify discrepancies and file successful appeals, potentially reducing their tax burden and ensuring fair taxation.

Property Tax Bills Across Canadian, Hemphill County, Texas

Source: Ownwell

$1,269

$1,493

$1,716

Median Canadian Tax Bill

$1,716

Median Hemphill County Tax Bill

$1,688

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Canadian, Hemphill County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
79014	$192	$650	$1,716	$2,973	$4,530

Source: Ownwell