Camden, Texas Property Taxes
The median property tax rate in Camden, TX is 0.48%, significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $65,168 in Camden, the typical annual property tax bill amounts to $335, far below the national median of $2,690. Property taxes in Camden are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Camden's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Camden or another part of Polk County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Camden, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$313
$290
Ownwell’s Camden Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Camden with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Camden to estimate your property tax bill. This valuable 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 Camden, Texas
Property taxes in Camden, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Camden is 0.48%, lower than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Camden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Camden 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 Camden's effective property tax rate to other counties in Texas and the national median. For comparison, the zip code 75934 has the highest median property tax rate of 0.48%, while the same zip code also has the lowest median tax rate of 0.48%. Understanding how these cities compare with Camden provides valuable insights into the varying tax landscape across Polk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Camden Tax Rate
0.48%
Average Polk County Tax Rate
1.14%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Camden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75934 | 0.15% | 0.36% | 0.48% | 1.16% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Camden, Texas
In Camden, 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 Polk 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 Camden, 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. Understanding the distinction between these valuation concepts helps property owners better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, the zip code 75934 has the highest median tax bill at $335, while the lowest median tax bill is also $335, highlighting uniformity in the area. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Camden Assessed Value
$65,168
Average Polk County Assessed Value
$100,271
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Camden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75934 | $20,623 | $36,545 | $65,168 | $115,044 | $282,245 |
Source: Ownwell
Property Tax Bills Across Camden, Texas
In Camden, located in Polk County, TX, property tax bills are determined based on the assessed value of a home. The assessed value is derived from the market value, which is the estimated amount the property would sell for under current market conditions. Local taxing authorities then apply the applicable tax rate to this assessed value to calculate the property tax bill. Several factors influence the assessed value, including the property's location, size, and condition. Homeowners in Camden can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill stands at $150, while the 75th percentile reaches $852. At the higher end, the 90th percentile tax bill is $1,937, reflecting the wide range of property values and tax burdens in the area. These property taxes fund essential local services such as schools, public safety, and infrastructure. Understanding how these taxes are calculated can help homeowners better anticipate their financial obligations and plan accordingly.
Average Camden Tax Bill
$335
Average Polk County Tax Bill
$831
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Camden, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75934 | $68 | $150 | $335 | $852 | $1,937 |
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 | |
|---|---|
| Polk Appraisal District | |
| Website | propaccess.trueautomation.com |