Rose City, Texas Property Taxes
The median property tax rate in Rose City, TX is 1.78%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Rose City at $53,664, the typical annual property tax bill reaches $957, which is below the national median of $2,690. Property taxes in Rose City 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 Rose City'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 Rose City 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
Rose City, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.78%
Estimate Property Tax Bill
$955
$884
Ownwell’s Rose City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rose City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rose City to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Rose City, Texas
Property taxes in Rose City, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rose City is 1.78%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Rose City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rose City 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 Rose City's effective property tax rate to other counties in Texas and the national median. For comparison, the 77662 zip code has the highest median property tax rate of 1.78%, while the same zip code also has the lowest median tax rate of 1.78%. Understanding how these cities compare with Rose City provides valuable insights into the varying tax landscape across Orange County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rose City Tax Rate
1.78%
Average Orange County Tax Rate
1.31%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rose City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77662 | 1.78% | 1.78% | 1.78% | 1.78% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Rose City, Texas
In Rose City, 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 Orange 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. 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. In Rose City, the median home price is $53,664, and the median tax bill is $957, with the highest and lowest bills both found in the 77662 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rose City Assessed Value
$53,664
Average Orange County Assessed Value
$101,511
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rose City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77662 | $53,664 | $53,664 | $53,664 | $53,664 | $53,664 |
Source: Ownwell
Property Tax Bills Across Rose City, Texas
In Rose City, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. For homeowners in Rose City, the median home price stands at $53,664. The tax rate in Orange County, where Rose City is located, is applied to this assessed value to determine the annual property tax bill. For instance, homeowners in Rose City typically see a property tax bill of $957, which falls within the 25th, 75th, and 90th percentiles, indicating a consistent tax burden across the board. This rate is significantly higher than the national median property tax rate of 0.99%, reflecting the local fiscal policies and budgetary needs. Factors influencing the tax bill include the assessed value of the property, local tax rates, and any applicable exemptions or deductions. Higher property taxes can impact homeowners by increasing the overall cost of homeownership, potentially affecting affordability and financial planning. Understanding these factors can help homeowners better navigate their financial responsibilities and plan accordingly.
Average Rose City Tax Bill
$957
Average Orange County Tax Bill
$1,212
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Rose City, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77662 | $957 | $957 | $957 | $957 | $957 |
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 | |
|---|---|
| Orange Appraisal District | |
| Website | esearch.orangecad.net |