Shackelford County Property Taxes
The median property tax rate in Shackelford County is 1.95%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With a median home value of $78,175 in Shackelford County, the typical annual property tax bill reaches $1,360, which is below the national median of $2,690. Property taxes in Shackelford County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Shackelford County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Albany or another part of Shackelford County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shackelford County 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 Shackelford County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shackelford County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Shackelford County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Shackelford County, Texas
Property taxes in Shackelford County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Shackelford County is 1.95%, which is higher than both the Texas state median of 1.80% and the U.S. national median of 0.99%. Local government entities within Shackelford County set these rates annually, and they can vary significantly between different areas within the county. Each year, Shackelford County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Albany has one of the higher property tax rates in Texas at 2.09%, while the city of Baird boasts one of the lowest at 0.60%. Analyzing how Shackelford County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Shackelford County Tax Rate
1.95%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Shackelford County, Texas
In Shackelford County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Shackelford County Appraisal District. The assessed value, however, 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 in Shackelford County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. The highest median tax bill in the county is found in Baird at $5,138, while the lowest is in Dyess AFB at $422. Being aware of these valuation processes in Shackelford County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Shackelford County, Texas
Source: Ownwell
$28,266
$530,917
$1,033,568
Average Shackelford County Assessed Value
$78,175
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shackelford County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Abilene | $26,180 | $39,854 | $69,202 | $139,777 | $216,988 |
| Albany | $12,920 | $42,258 | $84,433 | $157,365 | $263,484 |
| Baird | $803,022 | $889,476 | $1,033,568 | $1,177,659 | $1,264,114 |
| Dyess Afb | $18,585 | $22,216 | $28,266 | $34,316 | $37,947 |
| Lueders | $38,529 | $46,637 | $75,424 | $161,768 | $358,490 |
| Moran | $3,582 | $17,368 | $44,686 | $100,901 | $225,508 |
Source: Ownwell
Property Tax Bills Across Shackelford County, Texas
In Shackelford 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, which evaluates the market value of the property. This value is then multiplied by the county's property tax rate to determine the annual tax bill. For example, with a median home price of $78,175, homeowners in Shackelford County can expect varying tax bills. The 25th percentile tax bill is approximately $635, while the 75th percentile tax bill reaches around $2,681. At the higher end, the 90th percentile tax bill can go up to $4,270. These figures show a significant range, reflecting different property values and exemptions that may apply. Compared to the national median property tax rate of 0.99%, Shackelford County's tax rates can lead to considerable variations in tax bills, impacting homeowners differently depending on their property's assessed value and applicable exemptions.
Average Shackelford County Tax Bill
$1,360
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690