Venus, Texas Property Taxes
The median property tax rate in Venus, TX is 2.09%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Venus at $222,284, the typical annual property tax bill reaches $4,461, exceeding the national median of $2,690. Property taxes in Venus 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 Venus'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 Venus 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
Venus, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
$2,192
$1,148
Average Venus, Texas Tax Savings
Ownwell’s Venus Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Venus with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Venus to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Venus. 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 Venus, Texas
Property taxes in Venus, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Venus is 2.09%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Venus set these rates annually, and they can vary significantly across different neighborhoods. Each year, Venus 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 Venus's effective property tax rate to other counties in Texas and the national median. For comparison, the 76084 zip code has the highest median property tax rate of 2.09%, while the 76084 zip code also has the lowest median tax rate of 2.09%. Understanding how these cities compare with Venus provides valuable insights into the varying tax landscape across Johnson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Venus Tax Rate
2.09%
Average Johnson County Tax Rate
2.20%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Venus, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76084 | 0.95% | 1.59% | 2.09% | 2.41% | 2.81% |
Source: Ownwell
$1,148
Average Venus Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Venus, Texas
In Venus, 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 Johnson 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 Venus, 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 Venus is $222,284, with tax bills ranging from $1,861 at the 25th percentile to $7,156 at the 75th percentile, and up to $9,407 at the 90th percentile. The zip code 76084 has the highest and lowest median tax bill of $4,461. 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 Venus helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Venus Assessed Value
$222,284
Average Johnson County Assessed Value
$190,190
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Venus, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76084 | $62,382 | $126,170 | $222,284 | $294,893 | $404,716 |
Source: Ownwell
$1,148
Average Venus Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Venus, Texas
In Venus, Johnson County, Texas, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The tax rate is then applied to this assessed value to determine the final tax bill. Factors influencing the assessed value include market trends, property condition, and comparable property values. With a median home price of $222,284, homeowners in Venus face varying tax bills, from the 25th percentile at $1,861 to the 90th percentile reaching $9,407. These property taxes can significantly impact homeowners, especially if the assessed value of their property is higher than expected. This is where Ownwell can make a difference. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their property is assessed fairly, potentially lowering their tax bills. With a deep understanding of local tax regulations and a commitment to client savings, Ownwell can effectively reduce the financial burden of property taxes for Venus residents.
Average Venus Tax Bill
$4,461
Average Johnson County Tax Bill
$4,339
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Venus, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76084 | $875 | $1,861 | $4,461 | $7,156 | $9,407 |
Source: Ownwell
$1,148
Average Venus Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Johnson Appraisal District | |
| Website | esearch.johnsoncad.com |
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