Chico, Jack County, Texas Property Taxes

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

Median Chico, TX effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Chico, TX home value: $188,820
Median annual Chico, TX tax bill: $2,233, $167 lower than the national median property tax bill of $2,400.

How are property taxes in Jack County calculated?

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

Last Updated March 1, 2025

Chico, Jack County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$1,964

$1,822

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

Property Tax Rates Across Chico, Jack County, Texas

Local government entities set property tax rates, which can significantly differ within a state. Each year, counties like Jack estimate their required budget to fund essential services and divide that by the total value of all taxable property within their jurisdiction. This process determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the simplified annual procedure.

In Chico, located in Jack County, the effective property tax rate is a reflection of this process. When comparing Chico's rate to other cities in Texas, it aligns with the state's median property tax rate of 1.04%. This is slightly above the national median property tax rate of 1.02%. Understanding these rates helps property owners anticipate their tax liabilities and manage their finances effectively. While the tax rate in Chico may not be the highest or lowest in Texas, it offers a glimpse into how property taxes are structured and the importance of staying informed about local tax changes.

Property Tax Rates Across Chico, Jack County, Texas

Source: Ownwell

0.74%

1.28%

1.82%

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 Chico Tax Rate

1.04%

Median Effective Jack County Tax Rate

1.42%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chico, Jack County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76431	0.27%	0.54%	1.04%	1.29%	1.86%

Source: Ownwell

Property Tax Assessment Values Across Chico, Jack County, Texas

When examining property taxes in Chico, 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 Jack 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 Jack 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 Chico.

For example, the median home price in Chico is $188,820, with tax bills ranging significantly across the county. 76431 has the highest median home price at $188,820.

Property Tax Assessment Values Across Chico, Jack County, Texas

Source: Ownwell

$60,320

$173,070

$285,820

Median Chico Market Value

$188,820

Median Jack County Market Value

$110,330

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chico, Jack County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76431	$22,176	$107,720	$188,820	$351,490	$639,718

Source: Ownwell

Property Tax Bills Across Chico, Jack County, Texas

In Chico, located in Jack County, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. With a median home price of $188,820, homeowners in this area face a range of tax bills. The 25th percentile tax bill is $451, while the 75th percentile reaches $3,498, and the 90th percentile climbs to $5,139. Compared to the national median property tax bill of $2,400, Chico's tax bills can vary significantly, impacting homeowners' financial planning. Various factors, such as property size, location, and improvements, influence the assessed value, which in turn affects the tax bill. Ownwell assists homeowners by identifying potential savings through appealing property assessments and applying for exemptions. By leveraging expert knowledge and local data, Ownwell can help reduce the tax burden, ensuring homeowners pay only their fair share. This not only saves money but also provides peace of mind, allowing homeowners to focus on other financial priorities.

Property Tax Bills Across Chico, Jack County, Texas

Source: Ownwell

$854

$1,593

$2,331

Median Chico Tax Bill

$2,233

Median Jack County Tax Bill

$1,539

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Chico, Jack County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76431	$176	$451	$2,233	$3,498	$5,139

Source: Ownwell