Tatum, Rusk County, Texas Property Taxes

Name: Property Tax Bills Across Tatum, Rusk County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Tatum, TX effective property tax rate: 1.54%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%. Median Tatum, TX home value: $97,210. Median annual Tatum, TX tax bill: $1,225, $1,175 lower than the national median property tax bill of $2,400.

How are property taxes in Rusk calculated?

Property taxes in Tatum, 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 Tatum’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tatum, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Tatum, Rusk County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.54%

Estimate Property Tax Bill

$1,497

$1,389

Ownwell’s Tatum Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tatum with just two data points. By entering your property's estimated assessed value, our calculator applies Tatum’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Rusk County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tatum, Rusk County, Texas

Local government entities set tax rates, and these can vary significantly within a state. Each county annually estimates its budget to fund essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This process involves votes and laws, but this is the essence of how tax rates are determined each year. In Tatum, located in Rusk County, TX, the effective property tax rate is 1.54%, which is notably higher than the national median of 1.02%. This rate is also reflective of the highest and lowest median tax rates in the region. Comparing Tatum’s tax rate to other cities in Texas and the national median provides valuable insight into the property tax landscape. While Texas does not have a state property tax, local rates can impact property owners significantly. Understanding these rates can help residents make informed decisions about property investments and financial planning.

Property Tax Rates Across Tatum, Rusk County, Texas

Source: Ownwell

0.86%

1.61%

2.35%

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 Tatum Tax Rate

1.54%

Median Effective Rusk County Tax Rate

1.63%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tatum, Rusk County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75691	0.83%	1.27%	1.54%	1.56%	1.74%

Source: Ownwell

Property Tax Assessment Values Across Tatum, Rusk County, Texas

When examining property taxes in Tatum, 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 Rusk 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. Assessment notices: In Rusk 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 Tatum. For example, the median home price in Tatum is $97,210, with tax bills ranging significantly across the county. 75691 has the highest median home price at $97,210.

Property Tax Assessment Values Across Tatum, Rusk County, Texas

Source: Ownwell

$21,400

$86,740

$152,080

Median Tatum Market Value

$97,210

Median Rusk County Market Value

$113,250

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tatum, Rusk County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75691	$11,522	$34,630	$97,210	$194,970	$315,818

Source: Ownwell

Property Tax Bills Across Tatum, Rusk County, Texas

In Tatum, located in Rusk County, Texas, property tax bills are calculated based on the assessed value of a home combined with the local tax rate. The tax rate is applied to the assessed value, which is often a percentage of the market value, to determine the annual tax bill. In Tatum, the median home price is $97,210, which contributes to a range of property tax bills. Homeowners in the 25th percentile pay approximately $432, while those in the 75th percentile face tax bills around $2,756. The 90th percentile sees tax bills as high as $4,435. Comparatively, the national median property tax bill is $2,400, making Tatum's rates relatively favorable for many homeowners. However, this can still be a significant expense for some. Ownwell can assist homeowners in Tatum by identifying potential savings through property tax appeals and exemptions. By leveraging local expertise and data analysis, Ownwell helps ensure homeowners are not overpaying, potentially reducing their property tax burden significantly.

Property Tax Bills Across Tatum, Rusk County, Texas

Source: Ownwell

$499

$1,638

$2,777

Median Tatum Tax Bill

$1,225

Median Rusk County Tax Bill

$1,761

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Tatum, Rusk County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75691	$163	$432	$1,225	$2,756	$4,435

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