Houston, Texas Property Taxes
The median property tax rate in Houston, TX is 1.82%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Houston at $189,900, the typical annual property tax bill reaches $3,457, exceeding the national median of $2,690. Property taxes in Houston 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 Houston'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 Houston 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
Houston, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$717
$665
$1,148
Average Tax Savings
Ownwell’s Houston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Houston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Houston to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Houston. 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 Houston, Texas
Property taxes in Houston, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Houston is 1.82%, higher than both the Texas state median of 1.60% and the U.S. national median of 0.99%. Local government entities within Houston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Houston 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 Houston's effective property tax rate to other counties in Texas and the national median. For comparison, the 77096 zip code has the highest median property tax rate of 1.82%, while the same 77096 zip code also has the lowest median tax rate of 1.82%. Understanding how these cities compare with Houston provides valuable insights into the varying tax landscape across Harris County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Houston Tax Rate
1.24%
Average Hidalgo County Tax Rate
1.72%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Houston, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77023 | N/A | N/A | N/A | N/A | N/A |
| 77096 | 1.24% | 1.24% | 1.24% | 1.24% | 1.24% |
Source: Ownwell
$1,148
Average Houston Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Houston, Texas
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Houston, 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 Harris 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 Houston, 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 Houston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 77096 has the highest and lowest median tax bill at $1,249, reflecting uniformity in tax bills across different areas.
Average Houston Assessed Value
$57,835
Average Hidalgo County Assessed Value
$133,156
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Houston, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77023 | N/A | N/A | N/A | N/A | N/A |
| 77096 | $100,373 | $100,373 | $100,373 | $100,373 | $100,373 |
Source: Ownwell
$1,148
Average Houston Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Houston, Texas
In Houston, located in Hidalgo County, TX, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in Houston is $57,835, and property tax rates in the area can significantly impact homeowners. The median property tax bill is $1,249, with the 25th, 75th, and 90th percentiles all reflecting the same value, indicating a consistent tax rate across different property values. This rate is notably higher than the national median property tax rate of 0.99%. Several factors influence the tax bill, including property location, assessed value, and applicable exemptions. High property taxes can place a financial strain on homeowners. Ownwell can help by providing expert property tax appeal services, ensuring that homeowners pay only their fair share. By leveraging local market knowledge and tax regulations, Ownwell can identify potential savings and exemptions, potentially lowering your property tax bill and easing the financial burden.
Average Houston Tax Bill
$1,249
Average Hidalgo County Tax Bill
$1,928
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Houston, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77023 | N/A | N/A | N/A | N/A | N/A |
| 77096 | $1,249 | $1,249 | $1,249 | $1,249 | $1,249 |
Source: Ownwell
$1,148
Average Houston Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Hidalgo Appraisal District | |
| Phone | (956) 381-8466 |
| Website | esearch.hidalgoad.org |
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