Orange Grove, Texas Property Taxes
The median property tax rate in Orange Grove, TX is 1.49%, which is considerably higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Orange Grove at $41,323, the typical annual property tax bill reaches $617, which is significantly below the national median of $2,690. Property taxes in Orange Grove are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Orange Grove'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 Orange Grove 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
Orange Grove, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.49%
Estimate Property Tax Bill
$616
$571
Ownwell’s Orange Grove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orange Grove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orange Grove 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 Orange Grove, Texas
Property taxes in Orange Grove, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orange Grove is 1.49%, higher than both the Texas state median of 1.6% and the U.S. national median of 0.99%. Local government entities within Orange Grove set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orange Grove 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 Orange Grove's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 78372 has the highest median property tax rate of 1.49%, while the same zip code also has the lowest median tax rate of 1.49%. Understanding how these cities compare with Orange Grove provides valuable insights into the varying tax landscape across Live Oak County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Orange Grove Tax Rate
1.49%
Average Live Oak County Tax Rate
1.49%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orange Grove, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78372 | 0.81% | 1.36% | 1.49% | 1.49% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Orange Grove, Texas
In Orange Grove, 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 Live Oak 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 Orange Grove, 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 Orange Grove helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 78372 has the highest and lowest median tax bill, both at $617, reflecting the diverse range of property values within the area.
Average Orange Grove Assessed Value
$41,323
Average Live Oak County Assessed Value
$67,776
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Orange Grove, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78372 | $7,199 | $19,540 | $41,323 | $128,854 | $344,754 |
Source: Ownwell
Property Tax Bills Across Orange Grove, Texas
In Orange Grove, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Orange Grove is $41,323. Property taxes are then applied to this assessed value using the local tax rate set by the county. For example, if the assessed value of a home is $41,323 and the local tax rate is applied, the tax bill can vary significantly. Factors such as the property's location within Live Oak County and any applicable exemptions can influence the final tax bill. Homeowners in Orange Grove face a wide range of property tax bills, with the 25th percentile at $292 and the 75th percentile at $1,132. The 90th percentile sees bills as high as $1,816. Compared to the national median property tax rate of 0.99%, Orange Grove's tax bills reflect the local economic conditions and property values, directly impacting homeowners' annual expenses.
Average Orange Grove Tax Bill
$617
Average Live Oak County Tax Bill
$1,069
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Orange Grove, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
78372 | $107 | $292 | $617 | $1,132 | $1,816 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
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Appeal Deadline | May 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | November 30 |
Due Date #2 | June 30 |
Links | |
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Live Oak Appraisal District | |
Website | propertysearch.liveoakcad.org |