Edna, Texas Property Taxes
The median property tax rate in Edna, TX is 1.16%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $121,080 in Edna, the typical annual property tax bill reaches $1,101, falling below the national median of $2,690. Property taxes in Edna are calculated based on the assessed value, which often benefits from various exemptions such as those for primary residences and agricultural properties. Understanding Edna's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in significant annual savings. Whether you're in the heart of Edna or another part of Jackson County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Edna, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Edna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Edna with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Edna 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 Edna, Texas
Property taxes in Edna, Texas, are essential for funding critical local services, including public schools, road maintenance, and emergency services. The median tax rate in Edna is 1.16%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Edna set these rates annually, and they can vary significantly across different neighborhoods. Each year, Edna 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 Edna's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 77957 has both the highest and lowest median property tax rate of 1.16%. Understanding how these cities compare with Edna provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Edna Tax Rate
1.16%
Average Jackson County Tax Rate
1.26%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Edna, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77957 | 0.37% | 0.69% | 1.16% | 1.47% | 1.83% |
Source: Ownwell
Property Tax Assessment Values Across Edna, Texas
In Edna, 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 Jackson 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 Edna, 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. The median home price in Edna is $121,080, with tax bills ranging significantly. For instance, the 25th percentile tax bill is $456, while the 75th percentile tax bill is $2,241. The highest median tax bill in Edna is $1,101 in the 77957 zip code, which is also the lowest median tax bill in the area. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Edna Assessed Value
$121,080
Average Jackson County Assessed Value
$105,695
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Edna, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77957 | $19,979 | $51,325 | $121,080 | $223,500 | $350,201 |
Source: Ownwell
Property Tax Bills Across Edna, Texas
In Edna, property tax bills are calculated based on the assessed value of a home, which is determined by the Jackson County appraisal district. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For example, with a median home price of $121,080, homeowners can expect varying tax bills depending on their property's specific assessed value and applicable exemptions. Factors such as property location, home improvements, and market conditions influence the assessed value. Homeowners in the 25th percentile might see tax bills around $456, while those in the 75th percentile could face bills up to $2,241. The 90th percentile tax bills can reach as high as $3,541. The highest and lowest median tax bills in Edna are both recorded at $1,101, indicating a relatively narrow range of tax burdens within the area. Compared to the national median property tax rate of 0.99%, Edna's tax rates can significantly impact homeowners, making it crucial for them to understand how their tax bills are calculated and to explore potential exemptions and appeals.
Average Edna Tax Bill
$1,101
Average Jackson County Tax Bill
$1,024
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Edna, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77957 | $179 | $456 | $1,101 | $2,241 | $3,541 |
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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Jackson Appraisal District | |
Website | jacksoncad.org |