Hazelwood, Texas Property Taxes
The median property tax rate in Hazelwood, TX is 0.57%, considerably lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Hazelwood, the typical annual property tax bill reaches $902, significantly below the national median of $2,690. Property taxes in Hazelwood 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 Hazelwood'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 Hazelwood 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
Hazelwood, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.57%
Estimate Property Tax Bill
$904
$839
$1,148
Average Tax Savings
Ownwell’s Hazelwood Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hazelwood with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hazelwood 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 Hazelwood. 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 Hazelwood, Texas
Property taxes in Hazelwood, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hazelwood is 2.17%, significantly higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Hazelwood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hazelwood 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 Hazelwood's effective property tax rate to other counties in Texas and the national median. For comparison, the 77002 zip code has the highest median property tax rate of 3.56%, while the 79852 zip code has the lowest median tax rate of 1.21%. Understanding how these cities compare with Hazelwood provides valuable insights into the varying tax landscape across Liberty County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hazelwood Tax Rate
0.57%
Average Liberty County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hazelwood, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
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Source: Ownwell
$1,148
Average Hazelwood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Hazelwood, Texas
In Hazelwood, 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 local 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 Hazelwood, 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 Hazelwood helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest tax bills are found in the 77575 zip code, while the lowest are in the 77535 zip code.
Average Hazelwood Assessed Value
$158,680
Average Liberty County Assessed Value
$88,865
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hazelwood, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|
Source: Ownwell
$1,148
Average Hazelwood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Hazelwood, Texas
Property tax bills in Hazelwood, Liberty County, TX, are calculated based on the assessed value of a property and the local tax rate. Homeowners in this area face a median home price of $158,680. The local tax rate is applied to this assessed value to determine the annual property tax bill. Factors such as property location, home improvements, and market trends can influence the assessed value. In Hazelwood, homeowners experience relatively consistent tax bills, with the 25th, 75th, and 90th percentiles all at $902, indicating a stable tax environment. For homeowners, high property taxes can be a significant financial burden. This is where Ownwell's expertise comes into play. By leveraging their knowledge of tax regulations and market conditions, Ownwell can help homeowners appeal their property assessments and identify potential exemptions. This can lead to substantial savings on property tax bills, ensuring homeowners pay only their fair share. With Ownwell's assistance, navigating the complexities of property taxes becomes more manageable and cost-effective.
Average Hazelwood Tax Bill
$902
Average Liberty County Tax Bill
$1,071
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Hazelwood, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|
Source: Ownwell
$1,148
Average Hazelwood 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 | |
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Liberty Appraisal District | |
Website | esearch.libertycad.com |
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