Pecos County Property Taxes
The median property tax rate in Pecos County is 2.01%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Pecos County, the typical annual property tax bill reaches $1,702, which, while lower than the national median of $2,690, still represents a considerable expense for homeowners. Property taxes in Pecos 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 Pecos 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 Fort Stockton or another part of Pecos County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pecos County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.01%
Estimate Property Tax Bill
$1,988
$1,839
Ownwell’s Pecos County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Pecos County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Pecos 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 Pecos County, Texas
Property taxes in Pecos County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Pecos County is 2.01%, which is higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Pecos County set these rates annually, and they can vary significantly between different areas within the county. Each year, Pecos 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 Pecos County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Imperial has one of the higher property tax rates in Texas at 2.08%, while the city of Girvin boasts one of the lowest at 1.36%. Analyzing how Pecos County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Pecos County Tax Rate
2.01%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pecos County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Coyanosa | 1.24% | 1.52% | 2.03% | 2.03% | 2.03% |
Fort Stockton | 1.29% | 1.60% | 2.03% | 2.34% | 2.34% |
Girvin | 0.99% | 1.28% | 1.36% | 1.73% | 1.79% |
Imperial | 1.45% | 1.73% | 2.08% | 2.08% | 2.08% |
Iraan | 1.27% | 1.63% | 1.73% | 1.73% | 1.73% |
Mccamey | 1.47% | 1.47% | 1.47% | 1.47% | 1.47% |
Mc Camey | 1.29% | 1.48% | 1.66% | 1.82% | 1.98% |
Sheffield | 1.11% | 1.55% | 1.73% | 1.73% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Pecos County, Texas
In Pecos 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 Pecos 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 Pecos 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. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, McCamey has the highest median tax bill at $3,594, while Sheffield has the lowest at $587. Being aware of these valuation processes in Pecos County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Pecos County Assessed Value
$98,890
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pecos County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Coyanosa | $4,530 | $12,892 | $43,290 | $82,985 | $166,457 |
Fort Stockton | $23,100 | $56,200 | $110,280 | $176,100 | $242,934 |
Girvin | $43,698 | $54,885 | $71,860 | $182,305 | $238,500 |
Imperial | $2,384 | $12,765 | $49,675 | $94,530 | $173,358 |
Iraan | $15,944 | $41,500 | $86,390 | $121,770 | $181,156 |
Mccamey | $244,470 | $244,470 | $244,470 | $244,470 | $244,470 |
Mc Camey | $21,587 | $38,638 | $59,975 | $94,072 | $134,091 |
Sheffield | $4,570 | $12,705 | $35,850 | $80,668 | $140,657 |
Source: Ownwell
Property Tax Bills Across Pecos County, Texas
In Pecos County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in this county is $98,890. Property taxes are then applied using the local tax rate. For example, homeowners in the 25th percentile can expect a tax bill around $823, while those in the 75th percentile might see a bill closer to $3,085. At the 90th percentile, the tax bill can reach up to $4,799. Several factors influence the final tax bill, including the property's assessed value, exemptions, and the local tax rate. These taxes fund essential services such as schools, emergency services, and infrastructure. Homeowners in Pecos County might find their property tax bills vary significantly. For instance, McCamey has the highest median tax bill at $3,594, whereas Sheffield has the lowest at $587. Comparing these figures to the national median property tax rate of 0.99%, Pecos County's rates can be seen as relatively variable, impacting homeowners differently based on their property's assessed value and location within the county.
Average Pecos County Tax Bill
$1,702
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Pecos County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Coyanosa | $92 | $247 | $702 | $1,322 | $2,372 |
Fort Stockton | $388 | $971 | $1,922 | $3,399 | $5,069 |
Girvin | $703 | $952 | $979 | $1,881 | $2,660 |
Imperial | $48 | $221 | $827 | $1,585 | $3,280 |
Iraan | $243 | $681 | $1,344 | $1,933 | $3,028 |
Mccamey | $3,594 | $3,594 | $3,594 | $3,594 | $3,594 |
Mc Camey | $399 | $679 | $987 | $1,322 | $1,651 |
Sheffield | $79 | $187 | $587 | $1,196 | $1,864 |
Source: Ownwell