Channing, Moore County, Texas Property Taxes
Median Channing, TX effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Channing, TX home value: $159,805
Median annual Channing, TX tax bill: $2,640, $240 higher than the national median property tax bill of $2,400.
How are property taxes in Moore County calculated?
Property taxes in Channing, 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 Channing’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Channing, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Channing, Moore County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.51%
Estimate Property Tax Bill
$2,413
$2,239
Property Tax Rates Across Channing, Moore County, Texas
Local government entities are responsible for setting tax rates, resulting in significant variation within a state. Each county, including Moore County, calculates its required budget for public services and divides it by the total value of all taxable property within the area to determine the property tax rate. This process, involving votes and laws, is conducted annually to ensure that the county can meet its financial obligations.
In Channing, located in Texas, the effective property tax rate provides an interesting comparison to other cities within the state. Texas has a median property tax rate of 1.51%, which is notably higher than the national median of 1.02%. This suggests that property owners in Texas, including those in Channing, may face higher tax bills compared to the national average. The median property tax bill in Texas is also higher than the national median of $2,400, reflecting the state's higher tax rate.
Understanding these differences can be crucial for property owners in Channing and beyond, as it highlights the importance of staying informed about local tax rates and their potential impact on personal finances.
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 Channing Tax Rate
1.51%
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 Moore County Tax Rate
1.99%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Channing, Moore County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79018 | 0.82% | 1.04% | 1.51% | 1.68% | 1.86% |
Source: Ownwell
Property Tax Assessment Values Across Channing, Moore County, Texas
When examining property taxes in Channing, 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 Moore 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 Moore 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 Channing.
For example, the median home price in Channing is $159,805, with tax bills ranging significantly across the county. 79018 has the highest median home price at $159,805.
Property Tax Assessment Values Across Channing, Moore County, Texas
Source: Ownwell
$19,430
$106,465
$193,500
Median Channing Market Value
$159,805
Median Moore County Market Value
$109,905
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Channing, Moore County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79018 | $85,425 | $133,652 | $159,805 | $285,042 | $434,250 |
Source: Ownwell
Property Tax Bills Across Channing, Moore County, Texas
In Channing, located in Moore County, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. With a median home price of $159,805, homeowners can expect variability in their tax bills. For instance, the 25th percentile tax bill is $1,565, while the 75th percentile reaches $3,312. The 90th percentile tax bill can go up to $4,677, indicating a wide range of potential tax liabilities. Notably, the median tax bill here is $2,640, which is above the national median property tax bill of $2,400, despite Texas having no state income tax. This can place a significant financial burden on homeowners, especially those with higher assessed values.
Ownwell assists homeowners in reducing these expenses by offering property tax appeal services. Our expertise ensures that your property is fairly assessed, potentially lowering your tax bill. By analyzing market trends and comparable properties, Ownwell can identify discrepancies in assessments and file appeals on your behalf, helping you save money and reduce financial strain.
Median Channing Tax Bill
$2,640
Median Moore County Tax Bill
$1,748
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Channing, Moore County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79018 | $1,405 | $1,565 | $2,640 | $3,312 | $4,677 |
Source: Ownwell