Wilson, Lynn County, Texas Property Taxes
Median Wilson, TX effective property tax rate: 1.85%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Wilson, TX home value: $192,860
Median annual Wilson, TX tax bill: $2,689, $289 higher than the national median property tax bill of $2,400.
How are property taxes in Lynn County calculated?
Property taxes in Wilson, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Wilson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wilson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wilson, Lynn County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.85%
Estimate Property Tax Bill
$3,568
$3,311
Property Tax Rates Across Wilson, Lynn County, Texas
Local government entities set tax rates, leading to significant variations within a state. Each county estimates its budget to provide essential services, dividing this by the total value of all taxable property in its jurisdiction. This process results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.
Wilson, located in Lynn County, Texas, has an effective property tax rate that can be compared to other cities in Texas and the national median. With the national median property tax rate at 1.02%, Wilson's rate is notably higher, reflecting the diverse tax landscape across the state. Comparatively, Texas has a median property tax rate of 1.85%, which is significantly above the national median. This highlights the variation and the impact of local government decisions on property tax rates. Understanding these differences can help property owners make informed decisions about their investments and potential tax liabilities.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Wilson Tax Rate
1.85%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Lynn County Tax Rate
1.99%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wilson, Lynn County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79381 | 0.92% | 1.23% | 1.85% | 2.36% | 3.29% |
Source: Ownwell
Property Tax Assessment Values Across Wilson, Lynn County, Texas
When examining property taxes in Wilson, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lynn County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Lynn County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Wilson. For example, the median home price in Wilson is $192,860, with tax bills ranging significantly across the county. Zip code 79381 has the highest median home price at $192,860.
Property Tax Assessment Values Across Wilson, Lynn County, Texas
Source: Ownwell
$47,545
$148,858
$250,170
Median Wilson Market Value
$192,860
Median Lynn County Market Value
$78,045
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wilson, Lynn County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79381 | $23,214 | $47,610 | $192,860 | $430,304 | $564,262 |
Source: Ownwell
Property Tax Bills Across Wilson, Lynn County, Texas
In Wilson, Texas, property tax bills are calculated based on the assessed value of a home, which is determined by the local appraisal district. The assessed value is then multiplied by the local tax rate to determine the tax bill. With a median home price of $192,860, homeowners in Wilson can expect varying tax bills. The 25th percentile tax bill is around $994, while those in the 75th percentile can see bills as high as $6,242, and the 90th percentile reaches $9,937. This range highlights the significant impact property taxes can have on household finances, especially when compared to the national median property tax bill of $2,400.
Ownwell assists homeowners by providing expert property tax appeal services, potentially reducing these burdensome bills. By analyzing property assessments and identifying discrepancies, Ownwell can help clients achieve fairer valuations. This service can lead to substantial savings, making homeownership more affordable and ensuring that property taxes are in line with the actual value of the property.
Median Wilson Tax Bill
$2,689
Median Lynn County Tax Bill
$1,669
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Wilson, Lynn County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79381 | $409 | $994 | $2,689 | $6,242 | $9,937 |
Source: Ownwell