Port Lavaca, Texas Property Taxes
The median property tax rate in Port Lavaca, TX is 1.81%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Port Lavaca, the typical annual property tax bill reaches $1,107, which is below the national median of $2,690. Property taxes in Port Lavaca are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Port Lavaca'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 Port Lavaca 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
Port Lavaca, 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 Port Lavaca Property Tax Bill Calculator is an invaluable resource for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Port Lavaca. By simply entering your property's estimated assessed value, the calculator uses the median tax rate specific to Port Lavaca to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of your potential tax liabilities, helping you make informed decisions. For those interested in more granular insights, localized information on neighborhood trends is available further down the page. Your property’s assessed value, determined by the county, is essential for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Port Lavaca, Texas
Property taxes in Port Lavaca, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Port Lavaca is 1.81%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Port Lavaca set these rates annually, and they can vary considerably across different neighborhoods. Each year, Port Lavaca estimates its required budget to maintain services for the upcoming fiscal year and 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 Port Lavaca's effective property tax rate to other counties in Texas and the national median. For comparison, the 77979 zip code has the highest median property tax rate of 1.81%, while the same zip code also has the lowest median tax rate of 1.81%. Understanding how these cities compare with Port Lavaca 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 Port Lavaca Tax Rate
1.81%
Average Jackson County Tax Rate
1.26%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Port Lavaca, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77979 | 0.53% | 1.10% | 1.81% | 1.84% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Port Lavaca, Texas
In Port Lavaca, 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 Port Lavaca, 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. For example, in the 77979 zip code, the highest and lowest median tax bills are both $1,107. 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 Port Lavaca helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Port Lavaca Assessed Value
$106,670
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 Port Lavaca, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77979 | $54,514 | $58,650 | $106,670 | $274,925 | $415,018 |
Source: Ownwell
Property Tax Bills Across Port Lavaca, Texas
In Port Lavaca, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Port Lavaca is $106,670. Property taxes are a significant expense for homeowners, with tax bills varying widely. For instance, the tax bill at the 25th percentile is $1,039, while at the 75th percentile, it rises to $2,383. At the 90th percentile, homeowners can expect to pay up to $4,674. Several factors influence the property tax bill, including the assessed value of the property, the local tax rate, and any exemptions for which the homeowner qualifies. The local tax rate in Port Lavaca is notably higher than the national median property tax rate of 0.99%, which can lead to higher tax bills. This can significantly affect homeowners, impacting their overall financial planning and the affordability of homeownership in the area. Understanding these factors is crucial for homeowners to manage their property tax obligations effectively.
Average Port Lavaca Tax Bill
$1,107
Average Jackson County Tax Bill
$1,024
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Port Lavaca, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77979 | $805 | $1,039 | $1,107 | $2,383 | $4,674 |
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 |