Ballinger, Runnels County, Texas Property Taxes
Median Ballinger, TX effective property tax rate: 2.16%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Ballinger, TX home value: $78,260
Median annual Ballinger, TX tax bill: $1,535, $865 lower than the national median property tax bill of $2,400.
How are property taxes in Runnels County calculated?
Property taxes in Ballinger, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Ballinger’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ballinger, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ballinger, Runnels County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.16%
Estimate Property Tax Bill
$1,690
$1,569
Property Tax Rates Across Ballinger, Runnels County, Texas
Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Ballinger in Runnels County, Texas, has an effective property tax rate that stands out when compared to other cities in Texas and the national median. Texas, known for its higher property tax rates, often sees significant variance across different counties. This variation is due to the diverse needs and budgets of each county, which influence the tax rate set by local government entities. In Ballinger, the effective property tax rate aligns with the highest median tax rate across the county, reflecting Runnels County's specific financial requirements and property values. This rate is notably higher than the national median, highlighting the importance of understanding local tax dynamics and exploring potential exemptions or appeals to manage property tax obligations effectively.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ballinger Tax Rate
2.16%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Runnels County Tax Rate
2.12%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ballinger, Runnels County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76821 | 1.65% | 1.93% | 2.16% | 2.16% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Ballinger, Runnels County, Texas
When examining property taxes in Ballinger, TX, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Runnels County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Runnels County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Ballinger.
For example, the median home price in Ballinger is $78,260, with tax bills ranging significantly across the county. Zip code 76821 has the highest median home price at $78,260.
Property Tax Assessment Values Across Ballinger, Runnels County, Texas
Source: Ownwell
$55,370
$106,260
$157,150
Median Ballinger Market Value
$78,260
Median Runnels County Market Value
$72,550
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ballinger, Runnels County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76821 | $16,406 | $41,455 | $78,260 | $126,505 | $197,668 |
Source: Ownwell
Property Tax Bills Across Ballinger, Runnels County, Texas
Median Ballinger Tax Bill
$1,535
Median Runnels County Tax Bill
$1,423
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Ballinger, Runnels County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76821 | $331 | $827 | $1,535 | $2,481 | $3,784 |
Source: Ownwell