Mills County Property Taxes
The median property tax rate in Mills County is 1.41%, which is significantly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $100,465 in Mills County, the typical annual property tax bill is $1,261, which is below the national median of $2,690. Property taxes in Mills County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Mills 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 Goldthwaite or another part of Mills County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mills County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$1,417
$1,315
Ownwell’s Mills County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Mills County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Mills 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 Mills County, Texas
Property taxes in Mills County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Mills County is 1.41%, which is higher than both the Texas state median of 1.20% and the U.S. national median of 0.99%. Local government entities within Mills County set these rates annually, and they can vary significantly between different areas within the county. Each year, Mills 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 Mills County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Star has one of the higher property tax rates in Texas at 1.50%, while the city of Zephyr boasts one of the lowest at 1.34%. Analyzing how Mills County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mills County Tax Rate
1.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mills County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brownwood | 1.04% | 1.24% | 1.39% | 1.39% | 1.39% |
Comanche | 0.94% | 1.24% | 1.39% | 1.41% | 1.41% |
Goldthwaite | 1.15% | 1.34% | 1.50% | 1.50% | 1.50% |
Hamilton | 0.71% | 1.31% | 1.39% | 1.42% | 1.46% |
Lometa | 1.20% | 1.35% | 1.43% | 1.43% | 1.43% |
Mullin | 0.87% | 1.24% | 1.34% | 1.38% | 1.49% |
Priddy | 1.23% | 1.30% | 1.41% | 1.41% | 1.41% |
Star | 1.09% | 1.50% | 1.50% | 1.50% | 1.50% |
Zephyr | 0.50% | 1.10% | 1.34% | 1.39% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Mills County, Texas
In Mills 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 Mills 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 Mills 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. For instance, homeowners in Brownwood face the highest median tax bill at $1,746, while those in Star enjoy the lowest at $476. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Mills County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Mills County Assessed Value
$100,465
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mills County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brownwood | $28,370 | $68,525 | $133,990 | $234,885 | $305,230 |
Comanche | $20,697 | $35,980 | $92,485 | $168,095 | $277,481 |
Goldthwaite | $21,508 | $51,295 | $98,850 | $182,065 | $300,248 |
Hamilton | $82,380 | $114,812 | $143,075 | $178,860 | $758,990 |
Lometa | $13,911 | $34,175 | $112,575 | $195,882 | $290,734 |
Mullin | $13,073 | $42,690 | $103,660 | $194,542 | $338,935 |
Priddy | $20,525 | $47,832 | $78,440 | $169,660 | $262,738 |
Star | $1,828 | $2,320 | $58,700 | $64,420 | $83,530 |
Zephyr | $33,142 | $73,210 | $141,950 | $219,600 | $420,776 |
Source: Ownwell
Property Tax Bills Across Mills County, Texas
In Mills County, TX, property tax bills are determined based on the assessed value of a home. The county's median home price stands at $100,465, and the property tax rate is applied to this assessed value to calculate the tax bill. Factors such as the home's location, property size, and any applicable exemptions influence the final amount. Homeowners in Mills County can expect to pay varying amounts in property taxes, with bills ranging from $636 at the 25th percentile to $2,274 at the 75th percentile, and reaching up to $3,573 at the 90th percentile. For comparison, Brownwood has the highest median tax bill in the county at $1,746, while Star has the lowest at $476. These variations highlight how property values and local tax rates can significantly impact homeowners' annual expenses. Understanding these factors is crucial for homeowners to anticipate their property tax responsibilities and manage their finances effectively.
Average Mills County Tax Bill
$1,261
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Mills County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brownwood | $331 | $952 | $1,746 | $2,503 | $3,623 |
Comanche | $261 | $442 | $1,090 | $2,008 | $3,306 |
Goldthwaite | $304 | $679 | $1,289 | $2,328 | $3,681 |
Hamilton | $1,118 | $1,503 | $1,658 | $2,190 | $2,435 |
Lometa | $199 | $479 | $1,148 | $2,406 | $4,141 |
Mullin | $168 | $526 | $1,149 | $2,168 | $3,326 |
Priddy | $288 | $670 | $1,062 | $2,159 | $2,761 |
Star | $27 | $35 | $476 | $966 | $1,252 |
Zephyr | $321 | $744 | $1,322 | $2,368 | $3,019 |
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 | |
---|---|
Mills Appraisal District | |
Website | esearch.millscad.org |