Rogers, Texas Property Taxes
The median property tax rate in Rogers, TX is 0.98%, slightly below the national median of 0.99% but significantly lower than the Texas state median of 1.67%. With the median home value in Rogers at $274,250, the typical annual property tax bill reaches $2,165, which is below the national median of $2,690. Property taxes in Rogers are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Rogers' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Rogers 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
Rogers, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$2,688
$2,494
Ownwell’s Rogers Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rogers with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rogers 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 Rogers, Texas
Property taxes in Rogers, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rogers is 0.98%, slightly lower than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Rogers set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rogers 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 Rogers' effective property tax rate to other counties in Texas and the national median. For comparison, the 76569 zip code has the highest median property tax rate of 0.98%, while the 76569 zip code also has the lowest median tax rate of 0.98%. Understanding how these cities compare with Rogers provides valuable insights into the varying tax landscape across Milam County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rogers Tax Rate
0.98%
Average Milam County Tax Rate
1.45%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rogers, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76569 | 0.32% | 0.58% | 0.98% | 1.38% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Rogers, Texas
In Rogers, 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 Milam 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 Rogers, 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 Rogers helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Rogers are both $2,165, occurring in the 76569 zip code.
Average Rogers Assessed Value
$274,250
Average Milam County Assessed Value
$146,970
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rogers, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76569 | $58,464 | $113,270 | $274,250 | $505,220 | $755,114 |
Source: Ownwell
Property Tax Bills Across Rogers, Texas
In Rogers, property tax bills are calculated based on the assessed value of your property and the tax rate set by local authorities. The assessed value is determined by the Milam County Appraisal District, which evaluates the market value of your home. For example, with a median home price of $274,250, homeowners can expect their tax bills to vary significantly. The 25th percentile tax bill in Rogers is around $1,096, while the 75th percentile reaches $3,543, and the 90th percentile can go up to $4,799. These tax bills are influenced by various factors including property size, location, and any applicable exemptions. The highest median tax bill in the region is $2,165, which is consistent across the zip code 76569. Compared to the national median property tax rate of 0.99%, Rogers homeowners may find their tax rates to be competitive, yet still impactful on their annual expenses. Understanding these factors can help homeowners in Rogers better anticipate and manage their property tax obligations.
Average Rogers Tax Bill
$2,165
Average Milam County Tax Bill
$1,812
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Rogers, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76569 | $472 | $1,096 | $2,165 | $3,543 | $4,799 |
Source: 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 | |
|---|---|
| Milam Appraisal District | |
| Website | esearch.milamad.org |