Crockett, Texas Property Taxes
The median property tax rate in Crockett, TX is 1.50%, which is significantly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Crockett being $86,380, the typical annual property tax bill amounts to $1,419, still below the national median of $2,690. Property taxes in Crockett are calculated based on the assessed value, which often falls below market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Crockett'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 Crockett 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
Crockett, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.5%
Estimate Property Tax Bill
$1,296
$1,202
Ownwell’s Crockett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Crockett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crockett to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Crockett, Texas
Property taxes in Crockett, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Crockett is 1.50%, higher than both the Texas state median of 1.66% and the U.S. national median of 0.99%. Local government entities within Crockett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crockett 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 Crockett's effective property tax rate to other counties in Texas and the national median. For comparison, the 75835 zip code has the highest median property tax rate of 1.50%, while the same zip code also has the lowest median tax rate of 1.50%. Understanding how these cities compare with Crockett provides valuable insights into the varying tax landscape across Houston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crockett Tax Rate
1.50%
Average Houston County Tax Rate
1.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crockett, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75835 | 0.62% | 1.27% | 1.50% | 2.06% | 2.11% |
Source: Ownwell
Property Tax Assessment Values Across Crockett, Texas
In Crockett, 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 Houston 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. 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 Crockett helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Crockett, the median home price is $86,380. The tax bills vary significantly, with the 25th percentile at $622 and the 90th percentile reaching $3,876. The highest and lowest median tax bill is $1,419, found in the 75835 zip code.
Average Crockett Assessed Value
$86,380
Average Houston County Assessed Value
$89,420
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crockett, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75835 | $19,060 | $46,285 | $86,380 | $156,100 | $263,358 |
Source: Ownwell
Property Tax Bills Across Crockett, Texas
In Crockett, Houston County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraisal district. This assessed value is then multiplied by the local tax rate to arrive at the annual property tax bill. Factors such as the property's location, size, and any improvements made to it can influence the assessed value. For instance, the median home price in Crockett is $86,380. Homeowners in Crockett can expect a range of tax bills depending on their property's assessed value. The 25th percentile tax bill is around $622, while the 75th percentile tax bill is approximately $2,371. At the higher end, the 90th percentile tax bill can reach up to $3,876. The highest median tax bill in the area is recorded at $1,419 in the 75835 zip code. Compared to the national median property tax rate of 0.99%, Crockett's property tax rates can significantly impact homeowners, influencing their overall cost of living and financial planning.
Average Crockett Tax Bill
$1,419
Average Houston County Tax Bill
$1,317
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Crockett, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75835 | $181 | $622 | $1,419 | $2,371 | $3,876 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Houston Appraisal District | |
Website | www.houstoncad.org |