Mcculloch County, Texas Property Taxes
The median property tax rate in McCulloch County is 1.81%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in McCulloch County at $74,310, the typical annual property tax bill amounts to $1,255, which is below the national median of $2,690. Property taxes in McCulloch County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding McCulloch County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Brady or another part of McCulloch County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mcculloch County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.81%
Estimate Property Tax Bill
$1,345
$1,248
Ownwell’s McCulloch County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in McCulloch County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in McCulloch County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Mcculloch County, Texas
Property taxes in McCulloch County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in McCulloch County is 1.81%, which is higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within McCulloch County set these rates annually, and they can vary significantly between different areas within the county. Each year, McCulloch County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares McCulloch County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Melvin has one of the higher property tax rates in Texas at 1.85%, while the city of Richland Springs boasts one of the lowest at 1.25%. Analyzing how McCulloch County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mcculloch County Tax Rate
1.81%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mcculloch County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brady | 1.37% | 1.61% | 1.85% | 2.19% | 2.19% |
| Doole | 0.57% | 1.13% | 1.62% | 1.82% | 1.82% |
| Fredonia | N/A | N/A | N/A | N/A | N/A |
| Lohn | 1.09% | 1.20% | 1.42% | 1.58% | 1.60% |
| Melvin | 1.31% | 1.67% | 1.85% | 2.28% | 2.28% |
| Richland Springs | 0.66% | 1.06% | 1.25% | 1.33% | 1.39% |
| Rochelle | 1.09% | 1.23% | 1.44% | 1.50% | 1.50% |
| Voca | 1.15% | 1.48% | 1.67% | 1.82% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Mcculloch County, Texas
In McCulloch County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the McCulloch County Appraisal District. The assessed value, however, 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. Assessment notices in McCulloch County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Melvin has the lowest median tax bill at $529, while Fredonia has the highest at $1,826. Being aware of these valuation processes in McCulloch County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Mcculloch County Assessed Value
$74,310
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mcculloch County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brady | $14,700 | $33,190 | $76,310 | $136,010 | $224,390 |
| Doole | $5,495 | $20,990 | $72,465 | $149,338 | $205,155 |
| Fredonia | N/A | N/A | N/A | N/A | N/A |
| Lohn | $31,110 | $64,560 | $95,940 | $164,700 | $228,840 |
| Melvin | $5,552 | $14,290 | $31,570 | $75,130 | $127,782 |
| Richland Springs | $48,298 | $59,290 | $85,645 | $116,255 | $125,921 |
| Rochelle | $9,445 | $28,480 | $62,545 | $113,488 | $187,069 |
| Voca | $37,492 | $69,840 | $102,910 | $158,730 | $193,152 |
Source: Ownwell
Property Tax Bills Across Mcculloch County, Texas
In McCulloch County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For example, with a median home price of $74,310, homeowners can expect their tax bills to vary significantly. In McCulloch County, the 25th percentile tax bill is $547, while the 75th percentile tax bill reaches $2,291, and the 90th percentile tax bill is $3,693. These figures illustrate the range homeowners might experience depending on their property's assessed value and applicable exemptions. The tax burden can have a substantial impact on homeowners, influencing their overall housing costs and financial planning. Compared to the national median property tax rate of 0.99%, McCulloch County's rates can vary, offering both lower and higher tax bills depending on the specific location within the county. For instance, Fredonia has the highest median tax bill at $1,826, while Melvin features the lowest at $529.
Average Mcculloch County Tax Bill
$1,255
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Mcculloch County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brady | $281 | $594 | $1,359 | $2,407 | $3,869 |
| Doole | $100 | $296 | $671 | $1,805 | $2,677 |
| Fredonia | N/A | N/A | N/A | N/A | N/A |
| Lohn | $421 | $807 | $1,320 | $2,304 | $3,030 |
| Melvin | $124 | $305 | $529 | $1,242 | $2,076 |
| Richland Springs | $505 | $584 | $819 | $1,170 | $1,622 |
| Rochelle | $141 | $397 | $822 | $1,503 | $2,478 |
| Voca | $510 | $981 | $1,472 | $2,415 | $3,371 |
Source: Ownwell