Louise, Texas Property Taxes
The median property tax rate in Louise, TX is 1.12%, 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 $188,900 in Louise, the typical annual property tax bill amounts to $1,959, which is below the national median of $2,690. Property taxes in Louise are based on the tax assessed value, which is often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Louise'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 Louise 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
Louise, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$2,116
$1,963
Ownwell’s Louise Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Louise with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Louise 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 Louise, Texas
Property taxes in Louise, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Louise is 1.12%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Louise set these rates annually, and they can vary significantly across different neighborhoods. Each year, Louise 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 Louise's effective property tax rate to other counties in Texas and the national median. For comparison, the 77455 zip code has the highest median property tax rate of 1.12%, while the 77455 zip code has the lowest median tax rate of 1.12%. Understanding how these cities compare with Louise 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 Louise Tax Rate
1.12%
Average Jackson County Tax Rate
1.26%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Louise, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77455 | 0.30% | 0.74% | 1.12% | 1.36% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Louise, Texas
In Louise, 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 Louise, 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 Louise helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $188,900, with tax bills ranging from $1,430 at the 25th percentile to $4,138 at the 90th percentile. The zip code 77455 has the highest and lowest median tax bill at $1,959.
Average Louise Assessed Value
$188,900
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 Louise, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77455 | $93,960 | $136,675 | $188,900 | $283,770 | $499,655 |
Source: Ownwell
Property Tax Bills Across Louise, Texas
In Louise, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Various factors are considered, including the property's size, location, and condition, as well as recent sales of comparable properties in the area. Homeowners in Louise can expect property tax bills that vary significantly. The tax bill at the 25th percentile is $1,430, while at the 75th percentile, it rises to $2,701, and at the 90th percentile, it reaches $4,138. The median property tax rate in Louise is notably higher than the national median of 0.99%. These taxes are crucial as they fund essential local services, including schools, public safety, and infrastructure. For homeowners, understanding how their property tax bill is calculated helps in budgeting and anticipating future expenses. The variability in tax bills highlights the importance of knowing the assessed value and any applicable exemptions that might reduce the overall tax burden.
Average Louise Tax Bill
$1,959
Average Jackson County Tax Bill
$1,024
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Louise, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77455 | $426 | $1,430 | $1,959 | $2,701 | $4,138 |
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 | |
|---|---|
| Jackson Appraisal District | |
| Website | jacksoncad.org |