New Caney, Texas Property Taxes
The median property tax rate in New Caney, TX is 1.33%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in New Caney at $100,035, the typical annual property tax bill amounts to $1,057, which is below the national median of $2,690. Property taxes in New Caney are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding New Caney'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 New Caney 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
New Caney, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.33%
Estimate Property Tax Bill
$1,330
$1,235
$1,148
Average Tax Savings
Ownwell’s New Caney Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in New Caney with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in New Caney 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 New Caney. 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 New Caney, Texas
Property taxes in New Caney, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in New Caney is 1.33%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within New Caney set these rates annually, and they can vary significantly across different neighborhoods. Each year, New Caney 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 New Caney's effective property tax rate to other counties in Texas and the national median. For comparison, the 77357 zip code has the highest median property tax rate of 1.33%, while the same zip code also has the lowest median tax rate of 1.33%. Understanding how these cities compare with New Caney 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 New Caney Tax Rate
1.33%
Average Liberty County Tax Rate
1.43%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across New Caney, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77357 | 0.26% | 0.77% | 1.33% | 1.43% | 1.50% |
Source: Ownwell
$1,148
Average New Caney Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across New Caney, Texas
In New Caney, 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 Liberty 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 New Caney, 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 zip code 77357 has the highest and lowest median tax bill, both at $1057. Being aware of these valuation processes in New Caney helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average New Caney Assessed Value
$100,035
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 New Caney, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77357 | $30,476 | $64,035 | $100,035 | $143,102 | $227,796 |
Source: Ownwell
$1,148
Average New Caney Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across New Caney, Texas
Property tax bills in New Caney, Liberty County, TX, are calculated based on the assessed value of your property and the local tax rate. The assessed value is determined by the county appraisal district and reflects the market value of your home. For instance, with a median home price of $100,035, the tax bill can range significantly—from the 25th percentile at $525 to the 90th percentile at $2,947. This variation is due to factors such as property size, location, and improvements. Homeowners in New Caney face a median tax bill of $1,057, which is slightly above the national median property tax rate of 0.99%. This can place a considerable financial burden on residents. Fortunately, Ownwell offers property tax appeal and exemption services to help reduce these costs. By leveraging local market data and expert knowledge, Ownwell can identify discrepancies in assessed values and file appeals on your behalf, potentially saving you hundreds or even thousands of dollars annually.
Average New Caney Tax Bill
$1,057
Average Liberty County Tax Bill
$1,071
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across New Caney, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77357 | $198 | $525 | $1,057 | $1,711 | $2,947 |
Source: Ownwell
$1,148
Average New Caney 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 | |
|---|---|
| Liberty Appraisal District | |
| Website | esearch.libertycad.com |
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