Livingston, Texas Property Taxes
The median property tax rate in Livingston, TX is 1.14%, slightly higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With the median home value in Livingston at $105,518, the typical annual property tax bill reaches $876, which is notably below the national median of $2,690. Property taxes in Livingston are determined based on the tax assessed value, often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Gaining a thorough understanding of Livingston'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 Livingston or another part of Polk County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Livingston, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Livingston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Livingston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Livingston 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 Livingston, Texas
Property taxes in Livingston, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Livingston is 1.14%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Livingston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Livingston 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 Livingston's effective property tax rate to other counties in Texas and the national median. For comparison, the 77399 zip code has the highest median property tax rate of 1.74%, while the 77351 zip code has the lowest median tax rate of 1.14%. Understanding how these cities compare with Livingston 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 Livingston Tax Rate
1.14%
Average Polk County Tax Rate
1.14%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Livingston, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77351 | 0.28% | 0.71% | 1.14% | 1.40% | 1.58% |
| 77399 | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Livingston, Texas
In Livingston, 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 Livingston, 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. Being aware of these valuation processes in Livingston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Livingston, the highest median tax bill is $1,892 in zip code 77399, while the lowest median tax bill is $876 in zip code 77351.
Average Livingston Assessed Value
$105,518
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 Livingston, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77351 | $13,294 | $42,771 | $105,517 | $217,645 | $389,592 |
| 77399 | $108,626 | $108,626 | $108,626 | $108,626 | $108,626 |
Source: Ownwell
Property Tax Bills Across Livingston, Texas
In Livingston, located in Polk County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county's appraisal district and reflects the market value of the property. Homeowners in Livingston experience a range of property tax bills, with the median home price being $105,518. The tax bill for the 25th percentile is $269, while the 75th percentile sees bills around $2,199, and the 90th percentile can go up to $4,294. These tax bills are influenced by various factors, including property size, location, and market conditions. Compared to the national median property tax rate of 0.99%, Livingston's rates can vary significantly, impacting homeowners differently based on their property's assessed value. For instance, the highest median tax bill in the area is $1,892 in the 77399 zip code, while the lowest is $876 in the 77351 zip code. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their finances accordingly.
Average Livingston Tax Bill
$876
Average Polk County Tax Bill
$831
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Livingston, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77351 | $88 | $269 | $876 | $2,199 | $4,294 |
| 77399 | $1,892 | $1,892 | $1,892 | $1,892 | $1,892 |
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 |