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Cameron, Milam County, Texas Property Taxes

  • Median CAMERON, TX effective property tax rate: 1.63%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.

  • Median CAMERON, TX home value: $127,620

  • Median annual CAMERON, TX tax bill: $1,697, $703 lower than the national median property tax bill of $2,400.

How are property taxes in Milam County calculated?

Property taxes in CAMERON, 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 CAMERON’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in CAMERON, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cameron, Milam County, Texas Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.63%

Estimate Property Tax Bill

$2,080

$1,930

Ownwell’s Cameron Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cameron with just two data points. By entering your property's estimated assessed value, our calculator applies Cameron’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Milam County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cameron, Milam County, Texas

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Cameron’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.

Cameron in Milam County, Texas, reports a median property tax rate of 1.63%, which is significantly higher than the national median of 1.02%. This rate places Cameron among the higher property tax areas in the state. In contrast, the national median property tax bill is $2,400, highlighting the variability in property taxes across different regions. Understanding these differences is crucial for homeowners in Texas, as it affects overall property expenses. By leveraging property tax appeal and exemption services, residents in Cameron can potentially reduce their property tax burdens and achieve greater financial savings.

Property Tax Rates Across Cameron, Milam County, Texas

Source: Ownwell

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0.53%

1.13%

1.73%

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 Cameron Tax Rate

1.63%

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 Milam County Tax Rate

1.45%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cameron, Milam County, Texas

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
765200.41%0.91%1.63%2.29%2.29%

Source: Ownwell

Property Tax Assessment Values Across Cameron, Milam County, Texas

When examining property taxes in Cameron, Texas, 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 Milam 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 Milam County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Cameron. For example, the median home price in Cameron is $127,620, with tax bills ranging significantly across the county. Zip code 76520 has the highest median home price at $127,620.

Property Tax Assessment Values Across Cameron, Milam County, Texas

Source: Ownwell

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$84,220

$321,295

$558,370

Median Cameron Market Value

$127,620

Median Milam County Market Value

$146,970

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cameron, Milam County, Texas

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
76520$26,100$63,745$127,620$267,070$527,286

Source: Ownwell

Property Tax Bills Across Cameron, Milam County, Texas

In Cameron, located in Milam County, TX, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. With a median home price of $127,620, the property tax bills vary significantly. The 25th percentile tax bill is $874, while the 75th percentile reaches $3,068, and the 90th percentile can be as high as $4,621. The highest and lowest median tax bills in the area are both $1,697, which is notably below the national median property tax bill of $2,400. This variation can affect homeowners differently, impacting their annual financial planning. Factors such as property improvements, neighborhood developments, and changes in local tax rates can influence the assessed value and, consequently, the tax bill. Ownwell assists homeowners by providing property tax appeal and exemption services, helping to ensure their property is assessed fairly. By leveraging expert knowledge and local data, Ownwell can identify opportunities for savings, potentially lowering the property tax burden for homeowners in Cameron.

Property Tax Bills Across Cameron, Milam County, Texas

Source: Ownwell

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$677

$2,075

$3,473

Median Cameron Tax Bill

$1,697

Median Milam County Tax Bill

$1,812

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Cameron, Milam County, Texas

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
76520$301$874$1,697$3,068$4,621

Source: Ownwell

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