Ochiltree County, Texas Property Taxes
Median Ochiltree County effective property tax rate: 1.91%, significantly higher than the national median of 1.02%.
Median Ochiltree County home value: $77,932
Median annual Ochiltree County tax bill: $1,480, $920 lower than the national median property tax bill of $2,400.
How are property taxes in Ochiltree County calculated?
Property taxes in Ochiltree County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Perryton or another part of Ochiltree County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ochiltree County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.91%
Estimate Property Tax Bill
$1,489
$1,381
Property Tax Rates Across Ochiltree County, Texas
Local government entities in Texas set property tax rates, which can vary significantly across the state. Each year, counties, like Ochiltree, estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. The process involves votes and laws, but this is the general annual procedure.
Ochiltree County's effective property tax rate stands at 1.91%, which is considerably higher than the national median property tax rate of 1.02%. Within the county, Farnsworth has the highest median tax rate at 1.99%, while Booker features the lowest at 1.14%. These variations highlight the differences in tax rates even within a single county.
Comparing Ochiltree County's rate to the national median, property owners here face relatively higher property tax bills. This can significantly impact homeowners' expenses, making it crucial for property owners to stay informed about their tax liabilities and explore potential appeals or exemptions. Understanding these rates helps property owners make informed financial decisions and potentially reduce their property tax burden.
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 Ochiltree County Tax Rate
1.91%
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 Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ochiltree County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Booker | 0.51% | 0.61% | 1.14% | 1.62% | 2.12% |
| Farnsworth | 1.03% | 1.32% | 1.99% | 2.05% | 2.05% |
| Perryton | 1.23% | 1.60% | 1.91% | 2.55% | 2.55% |
| Spearman | 0.78% | 1.04% | 1.51% | 1.68% | 2.27% |
| Waka | 0.57% | 0.67% | 1.67% | 2.05% | 2.05% |
Source: Ownwell
Property Tax Assessment Values Across Ochiltree County, Texas
When examining property taxes in Ochiltree County, 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 Ochiltree 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.
Assessment notices: In Ochiltree 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 Ochiltree County.
For example, the median tax bill in Ochiltree County is $1,685, with tax bills ranging significantly across the county. Booker has the highest median home price at $153,399.
Median Ochiltree County Market Value
$77,932
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ochiltree County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Booker | $5,971 | $41,834 | $153,399 | $271,074 | $565,000 |
| Farnsworth | $4,485 | $12,582 | $55,603 | $123,679 | $147,900 |
| Perryton | $8,099 | $31,832 | $78,108 | $152,625 | $226,617 |
| Spearman | $19,262 | $56,395 | $130,707 | $254,535 | $654,756 |
| Waka | $3,229 | $20,215 | $36,772 | $69,694 | $113,493 |
Source: Ownwell
Property Tax Bills Across Ochiltree County, Texas
Median Ochiltree County Tax Bill
$1,480
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Ochiltree County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Booker | $168 | $431 | $1,479 | $3,073 | $5,123 |
| Farnsworth | $79 | $239 | $959 | $1,694 | $2,250 |
| Perryton | $165 | $553 | $1,498 | $2,783 | $4,255 |
| Spearman | $308 | $681 | $1,685 | $3,930 | $5,025 |
| Waka | $56 | $158 | $418 | $790 | $1,790 |
Source: Ownwell