Thorndale, Milam County, Texas Property Taxes

Name: Property Tax Bills Across Thorndale, Milam County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Thorndale, TX effective property tax rate: 1.25%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Thorndale, TX home value: $204,980
Median annual Thorndale, TX tax bill: $1,971, $429 lower than the national median property tax bill of $2,400.

How are property taxes in Milam County calculated?

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

Last Updated March 1, 2025

Thorndale, Milam County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.25%

Estimate Property Tax Bill

$2,562

$2,378

Ownwell’s Thorndale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Thorndale with just two data points. By entering your property's estimated assessed value, our calculator applies Thorndale’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 Thorndale, Milam County, Texas

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Thorndale, located in Milam County, TX, the effective property tax rate is a reflection of this process. When compared to other cities in Texas, Thorndale’s rate aligns with the state's median property tax rate of 1.25%, which is higher than the national median of 1.02%. This means that property owners in Thorndale may face higher tax bills than the national average, but they are consistent with what is typical for Texas. Understanding how these rates are determined and how they compare to both state and national figures can help property owners make informed decisions and potentially explore tax appeal or exemption services.

Property Tax Rates Across Thorndale, Milam County, Texas

Source: Ownwell

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 Thorndale Tax Rate

1.25%

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 Thorndale, Milam County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76577	0.34%	0.74%	1.25%	1.91%	1.91%

Source: Ownwell

Property Tax Assessment Values Across Thorndale, Milam County, Texas

When examining property taxes in Thorndale, 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 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 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 Thorndale. For example, the median home price in Thorndale is $204,980, with tax bills ranging significantly across the county. Zip code 76577 has the highest median home price at $204,980.

Property Tax Assessment Values Across Thorndale, Milam County, Texas

Source: Ownwell

$84,220

$321,295

$558,370

Median Thorndale Market Value

$204,980

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 Thorndale, Milam County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76577	$38,836	$81,060	$204,980	$417,510	$772,016

Source: Ownwell

Property Tax Bills Across Thorndale, Milam County, Texas

In Thorndale, located in Milam County, TX, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is based on the market value, which is influenced by factors such as property size, location, and improvements. With a median home price of $204,980, homeowners in Thorndale face varying tax bills. The 25th percentile tax bill is $883, while the 75th percentile reaches $3,979, and the 90th percentile climbs to $5,759. Notably, the median tax bill in Thorndale is $1,971, which is below the national median of $2,400. This discrepancy can significantly affect homeowners, as property taxes represent a substantial portion of homeownership costs. Ownwell offers valuable assistance to homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging their expertise, homeowners can potentially reduce their tax liabilities, ensuring they pay only what is fair. This service not only alleviates financial burdens but also enhances the overall affordability of homeownership in Thorndale.

Property Tax Bills Across Thorndale, Milam County, Texas

Source: Ownwell

$677

$2,075

$3,473

Median Thorndale Tax Bill

$1,971

Median Milam County Tax Bill

$1,812

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Thorndale, Milam County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76577	$423	$883	$1,971	$3,979	$5,759

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