Jewett, Texas Property Taxes
The median property tax rate in Jewett, TX is 1.32%, which is higher than the national median of 0.99% but lower than Texas's state median of 1.67%. With a median home value of $104,485 in Jewett, the typical annual property tax bill reaches $1,245, falling below the national median of $2,690. Property taxes in Jewett are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like those for primary residences and agricultural land. Understanding Jewett'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 Jewett 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
Jewett, 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 Jewett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jewett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jewett 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 Jewett, Texas
Property taxes in Jewett, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jewett is 1.32%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Jewett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jewett 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 Jewett's effective property tax rate to other counties in Texas and the national median. For comparison, the 75846 zip code has the highest median property tax rate of 1.32%, while the 75846 zip code has the lowest median tax rate of 1.32%. Understanding how these cities compare with Jewett provides valuable insights into the varying tax landscape across Leon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jewett Tax Rate
1.32%
Average Leon County Tax Rate
1.60%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jewett, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75846 | 0.49% | 1.15% | 1.32% | 1.60% | 1.60% |
Source: Ownwell
Property Tax Assessment Values Across Jewett, Texas
In Jewett, 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 Leon 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 Jewett, 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 Jewett helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the highest median tax bill in Jewett is $1,245 in the 75846 zip code, while the lowest median tax bill is also $1,245 in the same zip code. The 25th percentile tax bill is $387, the 75th percentile is $2,792, and the 90th percentile reaches $4,488.
Average Jewett Assessed Value
$104,485
Average Leon County Assessed Value
$129,755
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jewett, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75846 | $10,212 | $41,228 | $104,485 | $220,990 | $364,205 |
Source: Ownwell
Property Tax Bills Across Jewett, Texas
In Jewett, located in Leon County, TX, property tax bills are calculated based on the assessed value of a home. The median home price in Jewett is $104,485. The local property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. For instance, homeowners in Jewett at the 25th percentile pay around $387 annually, while those at the 75th percentile pay approximately $2,792. At the 90th percentile, the tax bill can reach up to $4,488. Compared to the national median property tax rate of 0.99%, Jewett's property tax rate can significantly impact homeowners, especially those with higher-valued properties. The highest and lowest median tax bills in the area both stand at $1,245, reflecting a relatively consistent tax burden across different properties. Understanding these factors helps homeowners anticipate their annual property tax obligations.
Average Jewett Tax Bill
$1,245
Average Leon County Tax Bill
$1,738
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Jewett, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75846 | $112 | $387 | $1,245 | $2,792 | $4,488 |
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 | |
|---|---|
| Leon Appraisal District | |
| Website | www.leoncad.org |