Sylvester, Texas Property Taxes
The median property tax rate in Sylvester, TX is 1.14%, which is higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Sylvester at $176,150, the typical annual property tax bill reaches $2,051, still below the national median of $2,690. Property taxes in Sylvester are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Sylvester'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 Sylvester 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
Sylvester, 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 Sylvester Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sylvester with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sylvester 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 Sylvester, Texas
Property taxes in Sylvester, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sylvester is 1.14%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Sylvester set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sylvester 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 Sylvester's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 79560 has both the highest and lowest median property tax rate of 1.14%. Understanding how these cities compare with Sylvester provides valuable insights into the varying tax landscape across Jones County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sylvester Tax Rate
1.14%
Average Jones County Tax Rate
1.86%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sylvester, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79560 | 0.63% | 1.02% | 1.14% | 1.88% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Sylvester, Texas
In Sylvester, 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 Jones 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 Sylvester, 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. For instance, the highest median tax bill in Sylvester is $2051 in the zip code 79560, while the lowest is also $2051 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Sylvester Assessed Value
$176,150
Average Jones County Assessed Value
$99,290
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sylvester, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79560 | $93,288 | $113,370 | $176,150 | $428,050 | $504,736 |
Source: Ownwell
Property Tax Bills Across Sylvester, Texas
In Sylvester, property tax bills are calculated based on the assessed value of a homeowner's property. This assessed value is determined by the local tax assessor and reflects the market value of the property. The property tax rate for Sylvester is applied to this assessed value to calculate the annual tax bill. For instance, with a median home price of $176,150, homeowners can expect varying tax bills depending on specific factors like property location and any applicable exemptions. Factors such as property improvements, neighborhood developments, and market fluctuations can influence the assessed value, subsequently affecting the tax bill. In Sylvester, the 25th percentile of tax bills is around $1,502, while the 75th percentile reaches $3,312, and the 90th percentile is as high as $4,242. This variability underscores how different factors impact property taxes. Comparing these figures to the national median property tax rate of 0.99%, homeowners in Sylvester may experience higher tax obligations, emphasizing the importance of understanding local tax assessments and potential appeals.
Average Sylvester Tax Bill
$2,051
Average Jones County Tax Bill
$1,671
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sylvester, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79560 | $1,298 | $1,502 | $2,051 | $3,312 | $4,242 |
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 | |
|---|---|
| Jones Appraisal District | |
| Website | www.jonescad.org |