Umbarger, Texas Property Taxes
The median property tax rate in Umbarger, TX is 1.40%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $132,903 in Umbarger, the typical annual property tax bill amounts to $1,491, falling below the national median of $2,690. Property taxes in Umbarger are calculated based on the tax assessed value, which is often less than the market value due to various exemptions, including primary residence and agricultural exemptions. Understanding Umbarger'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 Umbarger or another part of Randall County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Umbarger, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$1,861
$1,727
$1,148
Average Tax Savings
Ownwell’s Umbarger Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Umbarger with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Umbarger to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Umbarger. 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 Umbarger, Texas
Property taxes in Umbarger, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Umbarger is 1.40%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Umbarger set these rates annually, and they can vary significantly across different neighborhoods. Each year, Umbarger 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 Umbarger's effective property tax rate to other counties in Texas and the national median. For comparison, the 79091 zip code has the highest median property tax rate of 1.40%, while the 79091 zip code also has the lowest median tax rate of 1.40%. Understanding how these cities compare with Umbarger provides valuable insights into the varying tax landscape across Randall County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Umbarger Tax Rate
1.40%
Average Randall County Tax Rate
1.78%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Umbarger, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79091 | 0.94% | 1.01% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
$1,148
Average Umbarger Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Umbarger, Texas
In Umbarger, 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 Randall 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. Being aware of these valuation processes in Umbarger helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Umbarger, the zip code 79091 has the highest and lowest median tax bill, both at $1,491, compared to the national median property tax rate of 0.99%.
Average Umbarger Assessed Value
$132,903
Average Randall County Assessed Value
$225,053
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Umbarger, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79091 | $35,379 | $60,666 | $132,903 | $183,054 | $196,860 |
Source: Ownwell
$1,148
Average Umbarger Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Umbarger, Texas
In Umbarger, located in Randall County, TX, property tax bills are calculated based on the assessed value of the home and the local tax rate. With a median home price of $132,903, the tax bill can vary significantly. For example, homeowners in the 25th percentile can expect a tax bill of around $712, while those in the 75th percentile may see bills as high as $1,808. The highest median tax bill in the area is $1,491, which aligns with the national median property tax rate of 0.99%. Several factors influence the tax bill, including property value assessments, local tax rates, and applicable exemptions. High property taxes can place a financial burden on homeowners, making it crucial to ensure that assessments are accurate and fair. Ownwell offers expert property tax appeal and exemption services to help homeowners reduce their tax burdens. By analyzing property assessments and identifying potential discrepancies, Ownwell can assist in securing a fairer tax bill, potentially saving homeowners hundreds or even thousands of dollars annually.
Average Umbarger Tax Bill
$1,491
Average Randall County Tax Bill
$4,007
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Umbarger, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79091 | $421 | $712 | $1,491 | $1,808 | $2,710 |
Source: Ownwell
$1,148
Average Umbarger Tax Savings
Save on your property taxes & more with 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 | |
---|---|
Randall Appraisal District | |
Website | www.prad.org |
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