Kimble County Property Taxes
The median property tax rate in Kimble County is 0.99%, aligning perfectly with the national median but significantly lower than the Texas state median of 1.67%. With a median home value of $130,340, the typical annual property tax bill in Kimble County is approximately $1,187, which is considerably less than the national median of $2,690. Property taxes in Kimble County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Kimble County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Junction or another part of Kimble County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kimble County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$1,290
$1,197
Ownwell’s Kimble County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Kimble County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Kimble County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Kimble County, Texas
Property taxes in Kimble County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Kimble County is 0.99%, which aligns with the U.S. national median but is higher than the Texas state median. Local government entities within Kimble County set these rates annually, and they can vary significantly between different areas within the county. Each year, Kimble County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Kimble County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Junction has one of the higher property tax rates in Texas at 1.08%, while the city of Fort Mc Kavett boasts one of the lowest at 0.43%. Analyzing how Kimble County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Kimble County Tax Rate
0.99%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kimble County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fort Mc Kavett | 0.14% | 0.27% | 0.43% | 0.94% | 1.69% |
| Harper | 0.18% | 0.38% | 0.48% | 0.64% | 0.82% |
| Junction | 0.51% | 0.79% | 1.08% | 1.52% | 1.96% |
| London | 0.18% | 0.43% | 0.65% | 0.94% | 1.36% |
| Mason | N/A | N/A | N/A | N/A | N/A |
| Menard | 0.13% | 0.38% | 0.66% | 0.86% | 1.15% |
| Mountain Home | 0.18% | 0.32% | 0.44% | 0.53% | 0.79% |
| Roosevelt | 0.25% | 0.47% | 0.60% | 0.77% | 1.29% |
| Telegraph | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
Source: Ownwell
Property Tax Assessment Values Across Kimble County, Texas
In Kimble County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Kimble County Appraisal District. The assessed value, however, 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. Assessment notices in Kimble County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Kimble County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Kimble County, the city with the highest median tax bill is Mountain Home at $1,666, while Telegraph has the lowest at $700. The median home price in the county is $130,340.
Average Kimble County Assessed Value
$130,340
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kimble County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fort Mc Kavett | $63,493 | $70,428 | $168,705 | $365,492 | $549,745 |
| Harper | $74,550 | $113,980 | $216,630 | $458,730 | $786,130 |
| Junction | $14,909 | $45,878 | $118,285 | $244,878 | $454,737 |
| London | $29,380 | $78,330 | $187,140 | $354,770 | $652,290 |
| Mason | N/A | N/A | N/A | N/A | N/A |
| Menard | $62,535 | $136,758 | $225,990 | $371,720 | $746,415 |
| Mountain Home | $82,060 | $84,790 | $336,580 | $562,940 | $706,040 |
| Roosevelt | $53,934 | $91,430 | $206,540 | $459,080 | $716,340 |
| Telegraph | $110,770 | $110,770 | $110,770 | $110,770 | $110,770 |
Source: Ownwell
Property Tax Bills Across Kimble County, Texas
In Kimble County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The county's median home price stands at $130,340. Homeowners face varying tax bills depending on their property's assessed value and the applicable tax rate. For instance, the 25th percentile tax bill is $518, while the 75th percentile tax bill is $2121, and the 90th percentile tax bill can reach up to $3367. Several factors influence the final tax bill, including the property's assessed value and the local tax rate. The county's tax rates can vary, affecting homeowners differently. For example, Mountain Home has the highest median tax bill at $1666, whereas Telegraph has the lowest at $700. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure, directly impacting the community. Homeowners need to stay informed about these factors to manage their expenses effectively.
Average Kimble County Tax Bill
$1,187
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Kimble County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fort Mc Kavett | $212 | $322 | $838 | $1,553 | $2,019 |
| Harper | $349 | $591 | $1,025 | $1,680 | $2,430 |
| Junction | $205 | $524 | $1,222 | $2,177 | $3,441 |
| London | $202 | $413 | $1,011 | $2,056 | $3,053 |
| Mason | N/A | N/A | N/A | N/A | N/A |
| Menard | $328 | $671 | $1,182 | $2,386 | $5,564 |
| Mountain Home | $748 | $1,029 | $1,666 | $2,193 | $2,772 |
| Roosevelt | $370 | $584 | $1,337 | $2,505 | $3,853 |
| Telegraph | $700 | $700 | $700 | $700 | $700 |
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 | |
|---|---|
| Kimble Appraisal District | |
| Website | propaccess.trueautomation.com |