Longview, Texas Property Taxes
The median property tax rate in Longview, TX is 1.86%, considerably higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Longview at $151,030, the typical annual property tax bill reaches $2,462, which is below the national median of $2,690. Property taxes in Longview are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Longview'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 Longview or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Longview, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.86%
Estimate Property Tax Bill
$2,809
$2,599
Ownwell’s Longview Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Longview with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Longview 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 Longview, Texas
Property taxes in Longview, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Longview is 1.86%, notably higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Longview set these rates annually, and they can vary significantly across different neighborhoods. Each year, Longview 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 Longview's effective property tax rate to other counties in Texas and the national median. For comparison, the 75603 zip code has the highest median property tax rate of 1.86%, while the 75602 zip code has the lowest median tax rate of 1.44%. Understanding how these cities compare with Longview provides valuable insights into the varying tax landscape across Rusk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Longview Tax Rate
1.86%
Average Rusk County Tax Rate
1.63%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Longview, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75602 | 0.66% | 0.78% | 1.44% | 1.96% | 1.96% |
| 75603 | 1.26% | 1.54% | 1.86% | 1.96% | 1.96% |
| 75604 | 1.49% | 1.49% | 1.49% | 1.49% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Longview, Texas
In Longview, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents 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 Rusk 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 Longview, 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. For instance, homeowners in zip code 75603 experience the highest median tax bill at $2,489, whereas those in zip code 75602 see the lowest at $216. 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 Longview helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Longview Assessed Value
$151,030
Average Rusk County Assessed Value
$113,250
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Longview, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75602 | $11,636 | $15,000 | $18,750 | $42,310 | $109,658 |
| 75603 | $28,040 | $79,710 | $152,080 | $206,190 | $301,660 |
| 75604 | $137,940 | $137,940 | $137,940 | $137,940 | $137,940 |
Source: Ownwell
Property Tax Bills Across Longview, Texas
In Longview, located in Rusk County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects the market value of the property. For instance, with a median home price of $151,030, homeowners can expect varying tax bills. Factors such as the property's location, improvements, and market conditions play a significant role in determining the assessed value. Homeowners in Longview see a range of tax bills. The 25th percentile tax bill is $1,181, while those in the 75th percentile pay around $3,641. At the higher end, the 90th percentile tax bill reaches $5,117. The highest median tax bill in the area is $2,489 in the 75603 zip code, whereas the lowest is $216 in the 75602 zip code. Compared to the national median property tax rate of 0.99%, these figures highlight the variability and potential financial impact on homeowners in Longview.
Average Longview Tax Bill
$2,462
Average Rusk County Tax Bill
$1,761
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Longview, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75602 | $87 | $108 | $216 | $830 | $2,150 |
| 75603 | $460 | $1,218 | $2,489 | $3,658 | $5,143 |
| 75604 | $2,056 | $2,056 | $2,056 | $2,056 | $2,056 |
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 | |
|---|---|
| Rusk Appraisal District | |
| Website | www.ruskcad.org |