Porter, Texas Property Taxes
The median property tax rate in Porter, TX is 2.07%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Porter, the typical annual property tax bill reaches $4,556, exceeding the national median of $2,690. Property taxes in Porter are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Porter's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Porter 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
Porter, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.07%
Estimate Property Tax Bill
$4,858
$4,495
$1,148
Average Porter, Texas Tax Savings
Ownwell’s PORTER Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in PORTER with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in PORTER to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in PORTER. 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 Porter, Texas
Property taxes in Porter, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Porter is 2.07%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Porter set these rates annually, and they can vary significantly across different neighborhoods. Each year, Porter 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 Porter's effective property tax rate to other counties in Texas and the national median. For comparison, the 77365 zip code has the highest median property tax rate of 2.07%, while the 77365 zip code has the lowest median tax rate of 2.07%. Understanding how these cities compare with Porter provides valuable insights into the varying tax landscape across Montgomery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Porter Tax Rate
2.07%
Average Montgomery County Tax Rate
1.63%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Porter, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77365 | 0.75% | 1.54% | 2.07% | 2.55% | 3.03% |
Source: Ownwell
$1,148
Average Porter Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Porter, Texas
In Porter, 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 Montgomery 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 Porter, 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. The median home price in Porter is $234,705, with tax bills ranging from $1,367 at the 25th percentile to $9,444 at the 90th percentile. The zip code with the highest and lowest median tax bill is 77365, both at $4,556. Being aware of these valuation processes in Porter helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Porter Assessed Value
$234,705
Average Montgomery County Assessed Value
$278,300
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Porter, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77365 | $26,712 | $97,035 | $234,705 | $317,028 | $423,140 |
Source: Ownwell
$1,148
Average Porter Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Porter, Texas
In Porter, Montgomery County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Porter is $234,705, and the tax rate is applied to this value to determine the tax bill. Factors such as property size, location, and market conditions influence the assessed value. For instance, the 25th percentile tax bill is $1,367, while the 75th percentile reaches $7,325, and the 90th percentile can be as high as $9,444. This variability significantly impacts homeowners, with higher-valued properties incurring steeper tax bills. Ownwell assists homeowners in reducing their property tax bills by offering expert property tax appeal and exemption services. By analyzing your property's assessed value and comparing it to similar properties, Ownwell identifies discrepancies and files appeals on your behalf. This process can lead to significant savings, ensuring you pay a fair tax amount. With Ownwell's expertise, homeowners in Porter can navigate the complex property tax system more effectively and potentially reduce their financial burden.
Average Porter Tax Bill
$4,556
Average Montgomery County Tax Bill
$4,550
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Porter, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77365 | $343 | $1,367 | $4,556 | $7,325 | $9,444 |
Source: Ownwell
$1,148
Average Porter Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| Montgomery Appraisal District | |
| Website | mcad-tx.org |
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