Normangee, Texas Property Taxes
The median property tax rate in Normangee, TX is 1.66%, slightly lower than the Texas state median of 1.67% but still above the national median of 0.99%. With a median home value of $183,185 in Normangee, the typical annual property tax bill amounts to $2,806, which is higher than the national median of $2,690. Property taxes in Normangee are calculated based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Navigating Normangee'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 Normangee or another part of Leon County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Normangee, 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 Normangee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Normangee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Normangee 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 Normangee, Texas
Property taxes in Normangee, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Normangee is 1.66%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Normangee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Normangee 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 Normangee's effective property tax rate to other counties in Texas and the national median. For comparison, the 77871 zip code has the highest median property tax rate of 1.66%, while the same zip code also has the lowest median tax rate of 1.66%. Understanding how these cities compare with Normangee 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 Normangee Tax Rate
1.66%
Average Leon County Tax Rate
1.60%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Normangee, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77871 | 1.06% | 1.66% | 1.66% | 1.66% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Normangee, Texas
In Normangee, 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 Normangee, 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. The median home price in Normangee is $183,185, with the 25th percentile tax bill at $1,032 and the 75th percentile tax bill at $4,389. Notably, the highest and lowest median tax bills in the area are both $2,806, found in the 77871 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 Normangee Assessed Value
$183,185
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 Normangee, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77871 | $24,402 | $74,818 | $183,185 | $281,630 | $380,411 |
Source: Ownwell
Property Tax Bills Across Normangee, Texas
Property tax bills in Normangee, located in Leon County, TX, are calculated based on the assessed value of a property. The assessment is a percentage of the market value, which is determined by the local appraisal district. Factors such as property size, location, and improvements play a significant role in determining the assessed value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For homeowners in Normangee, the median home price stands at $183,185. Property tax bills vary widely; the 25th percentile tax bill is $1,032, while the 75th percentile reaches $4,389, and the 90th percentile can go as high as $5,764. The highest median tax bill recorded in the area is $2,806, which aligns with the national median property tax rate of 0.99%. These taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the quality of life for residents.
Average Normangee Tax Bill
$2,806
Average Leon County Tax Bill
$1,738
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Normangee, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
77871 | $315 | $1,032 | $2,806 | $4,389 | $5,764 |
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 | |
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Leon Appraisal District | |
Website | www.leoncad.org |