Fritch, Hutchinson County, Texas Property Taxes
Median Fritch, TX effective property tax rate: 1.70%, significantly higher than the national median of 1.02%, but slightly higher than the Texas state median of 1.67%.
Median Fritch, TX home value: $60,920
Median annual Fritch, TX tax bill: $1,049, $1,351 lower than the national median property tax bill of $2,400.
How are property taxes in Hutchinson County calculated?
Property taxes in Fritch, 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 Fritch’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fritch, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fritch, Hutchinson County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.7%
Estimate Property Tax Bill
$1,036
$961
Property Tax Rates Across Fritch, Hutchinson County, Texas
Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates its budgetary needs to provide services and then divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Though votes and laws play a role in setting tax rates and budgets, this is the essence of the annual process.
In Fritch, located in Hutchinson County, Texas, the effective property tax rate is notably higher than the national median of 1.02%. This rate reflects the county's budgetary requirements and the total taxable property value. Compared to other cities in Texas, Fritch's property tax rate stands out, emphasizing the importance of understanding local tax dynamics. While the national median property tax bill is $2400, the figures in Fritch may differ, highlighting the need for property owners to stay informed and consider appealing their assessments if necessary. Understanding these nuances can lead to significant savings and ensure that property taxes align with the property's true market value.
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 Fritch Tax Rate
1.70%
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 Hutchinson County Tax Rate
2.19%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fritch, Hutchinson County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79036 | 1.35% | 1.63% | 1.70% | 1.95% | 2.29% |
Source: Ownwell
Property Tax Assessment Values Across Fritch, Hutchinson County, Texas
When examining property taxes in Fritch, 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 Hutchinson 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 Hutchinson 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 Fritch. For example, the median home price in Fritch is $60,920, with tax bills ranging significantly across the county. ZIP code 79036 has the highest median home price at $60,920.
Property Tax Assessment Values Across Fritch, Hutchinson County, Texas
Source: Ownwell
$23,505
$70,053
$116,600
Median Fritch Market Value
$60,920
Median Hutchinson County Market Value
$60,035
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fritch, Hutchinson County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79036 | $7,145 | $23,208 | $60,920 | $134,410 | $186,475 |
Source: Ownwell
Property Tax Bills Across Fritch, Hutchinson County, Texas
Median Fritch Tax Bill
$1,049
Median Hutchinson County Tax Bill
$1,285
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Fritch, Hutchinson County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79036 | $121 | $383 | $1,049 | $2,224 | $3,304 |
Source: Ownwell