Emory, Hopkins County, Texas Property Taxes

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

Median Emory, TX effective property tax rate: 1.65%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Emory, TX home value: $93,125
Median annual Emory, TX tax bill: $1,114, $1,286 lower than the national median property tax bill of $2,400.

How are property taxes in Hopkins calculated?

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

Last Updated March 1, 2025

Emory, Hopkins County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.65%

Estimate Property Tax Bill

$1,537

$1,426

Ownwell’s Emory Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Emory with just two data points. By entering your property's estimated assessed value, our calculator applies Emory’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 Hopkins County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Emory, Hopkins County, Texas

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. Each year, counties determine their necessary budget to fund public services and divide that by the total assessed value of all taxable properties in their area. This calculation establishes the property's tax rate. Although setting tax rates and budgets involves votes and legal frameworks, this is the core of the annual process.

In Emory, located in Hopkins County, the effective property tax rate is 1.65%, which is considerably higher than the national median property tax rate of 1.02%. This rate is consistent across the county, as both the highest and lowest median tax rates are recorded at 1.65% in the same zip code, 75440. When compared to the national median property tax bill of $2,400, residents in Emory might experience higher property tax bills due to the elevated tax rate. Understanding these differences can help property owners make informed decisions about property tax appeals and exemptions.

Property Tax Rates Across Emory, Hopkins County, Texas

Source: Ownwell

1.00%

1.34%

1.68%

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 Emory Tax Rate

1.65%

Median Effective Hopkins County Tax Rate

1.66%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Emory, Hopkins County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75440	0.60%	1.08%	1.65%	1.66%	1.66%

Source: Ownwell

Property Tax Assessment Values Across Emory, Hopkins County, Texas

When examining property taxes in Emory, TX, 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 Hopkins 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. Assessment notices: In Hopkins County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Emory. For example, the median home price in Emory is $93,125, with tax bills ranging significantly across the county. Zip code 75440 has the highest median home price at $93,125.

Property Tax Assessment Values Across Emory, Hopkins County, Texas

Source: Ownwell

$93,125

$153,453

$213,780

Median Emory Market Value

$93,125

Median Hopkins County Market Value

$132,490

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Emory, Hopkins County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75440	$20,445	$42,702	$93,125	$237,845	$272,624

Source: Ownwell

Property Tax Bills Across Emory, Hopkins County, Texas

In Emory, located in Hopkins County, Texas, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically based on the market value of the property. Factors influencing the tax bill include the property's location, size, and any applicable exemptions. With a median home price of $93,125, Emory homeowners face a range of property tax bills. At the 25th percentile, bills start at $709, while the 75th percentile reaches $2,529, and the 90th percentile climbs to $3,728. The median tax bill in the area is $1,114, which is below the national median of $2,400. This can be a relief for homeowners, but there is still potential for savings. Ownwell assists homeowners by identifying opportunities for appealing over-assessed values or securing exemptions, which can significantly lower tax bills. By leveraging expertise and local knowledge, Ownwell ensures homeowners in Emory pay only their fair share, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Emory, Hopkins County, Texas

Source: Ownwell

$1,073

$1,577

$2,081

Median Emory Tax Bill

$1,114

Median Hopkins County Tax Bill

$1,733

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Emory, Hopkins County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75440	$314	$709	$1,114	$2,529	$3,728

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
Hopkins Appraisal District
Website	iswdataclient.azurewebsites.net