Joaquin, Shelby County, Texas Property Taxes
Median Joaquin, TX effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Joaquin, TX home value: $73,623
Median annual Joaquin, TX tax bill: $433, $1,967 lower than the national median property tax bill of $2,400.
How are property taxes in Shelby County calculated?
Property taxes in Joaquin, 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 Joaquin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Joaquin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Joaquin, Shelby County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.75%
Estimate Property Tax Bill
$552
$512
Property Tax Rates Across Joaquin, Shelby County, Texas
Local government entities determine tax rates, which can vary significantly even within a single state. This variation occurs because each county estimates its necessary budget for providing services annually and then divides that by the total assessed value of all taxable property in its jurisdiction. This calculation results in the property tax rate. Although there are votes and laws involved in setting tax rates and budgets, this is the basic annual process.
In Joaquin, located in Shelby County, Texas, the effective property tax rate offers a unique perspective compared to other cities in Texas. The median property tax rate in Texas is 0.75%, which is lower than the national median property tax rate of 1.02%. This means that homeowners in Joaquin may benefit from lower property tax bills compared to the national average. This comparison highlights the potential savings for property owners in Joaquin, making it an attractive option for those looking to manage their property tax expenses 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 Joaquin Tax Rate
0.75%
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 Shelby County Tax Rate
0.80%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Joaquin, Shelby County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75954 | 0.19% | 0.42% | 0.75% | 1.66% | 2.01% |
Source: Ownwell
Property Tax Assessment Values Across Joaquin, Shelby County, Texas
When examining property taxes in Joaquin, 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 Shelby 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: Assessment notices in Shelby County are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Joaquin. For example, the median home price in Joaquin is $73,623, with tax bills ranging significantly across the county. 75954 has the highest median home price at $73,623.
Property Tax Assessment Values Across Joaquin, Shelby County, Texas
Source: Ownwell
$51,960
$94,420
$136,880
Median Joaquin Market Value
$73,623
Median Shelby County Market Value
$64,740
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Joaquin, Shelby County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75954 | $9,688 | $24,880 | $73,623 | $138,300 | $260,478 |
Source: Ownwell
Property Tax Bills Across Joaquin, Shelby County, Texas
In Joaquin, Shelby County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in this area is $73,623, significantly lower than the national median. The property tax rate is applied to this assessed value to determine the tax bill. Homeowners in Joaquin face a wide range of tax bills, with the 25th percentile at $180 and the 75th percentile at $1,030, showcasing the variability in tax burdens. The highest median tax bill is $433, which is below the national median property tax bill of $2,400, indicating a relatively lower financial burden on homeowners compared to other regions.
Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and ensuring they reflect true market value, Ownwell helps reduce the tax burden. This service can lead to significant savings, offering homeowners a chance to lower their expenses and make homeownership more affordable.
Median Joaquin Tax Bill
$433
Median Shelby County Tax Bill
$429
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Joaquin, Shelby County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75954 | $76 | $180 | $433 | $1,030 | $2,049 |
Source: Ownwell