Kilgore, Smith County, Texas Property Taxes
Median Kilgore, TX effective property tax rate: 1.52%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Kilgore, TX home value: $76,299
Median annual Kilgore, TX tax bill: $971, $1,429 lower than the national median property tax bill of $2,400.
How are property taxes in Smith County calculated?
Property taxes in Kilgore, 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 Kilgore’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kilgore, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kilgore, Smith County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.52%
Estimate Property Tax Bill
$1,160
$1,076
$1,102
Average Tax Savings
Ownwell’s Kilgore Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kilgore with just two data points.
By entering your property's estimated assessed value, our calculator applies Kilgore’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 more 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 Smith County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Kilgore, Smith County, Texas
Local government entities set property tax rates, which can vary significantly within a state. This variation arises because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although setting tax rates and budgets involves votes and laws, this is the annual process in a nutshell.
In Kilgore, located in Smith County, Texas, the effective property tax rate is something to consider. Compared to the national median property tax rate of 1.02%, Kilgore's rate reflects the local government's budgetary needs and property values. This rate is also a point of comparison with other cities in Texas, where property tax rates can differ widely. Understanding these differences can provide insight into how local governments fund services and the impact on property owners. Whether you're a current property owner or considering purchasing property in Kilgore, being informed about local property tax rates can help you make more educated financial decisions.
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 Kilgore Tax Rate
1.52%
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 Smith County Tax Rate
1.53%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kilgore, Smith County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75662 | 1.01% | 1.24% | 1.52% | 1.52% | 1.52% |
Source: Ownwell
$1,102
Average Kilgore Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Kilgore, Smith County, Texas
When examining property taxes in Kilgore, 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 Smith 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 Smith County, assessment notices 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 Kilgore.
For example, the median home price in Kilgore is $76,299, with tax bills ranging significantly across the county. Zip code 75662 has the highest median home price at $76,299.
Property Tax Assessment Values Across Kilgore, Smith County, Texas
Source: Ownwell
$54,486
$197,290
$340,094
Median Kilgore Market Value
$76,299
Median Smith County Market Value
$202,951
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kilgore, Smith County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75662 | $11,206 | $27,720 | $76,299 | $163,194 | $243,086 |
Source: Ownwell
$1,102
Average Kilgore Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Kilgore, Smith County, Texas
In Kilgore, located in Smith County, TX, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, and local taxing authorities set the tax rate. For homeowners in Kilgore, understanding property tax bills is crucial, as they can significantly impact annual expenses. The median home price in Kilgore is $76,299. Tax bills can vary widely, with the 25th percentile at $365 and the 90th percentile reaching $3,478. This range highlights the importance of accurate assessments and potential savings through appeals.
Ownwell assists homeowners by offering property tax appeal and exemption services, ensuring assessments are fair and accurate. By leveraging expert knowledge and local market data, Ownwell helps homeowners potentially reduce their property tax bills, alleviating financial burdens. With the national median property tax bill at $2,400, Kilgore residents can benefit from Ownwell's expertise to ensure they are not overpaying in comparison to national averages.
Median Kilgore Tax Bill
$971
Median Smith County Tax Bill
$2,997
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Kilgore, Smith County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75662 | $171 | $365 | $971 | $2,251 | $3,478 |
Source: Ownwell
$1,102
Average Kilgore Tax Savings
Save on your property taxes & more with Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | January 31 |
Links | |
|---|---|
| Smith Appraisal District | |
| Phone | (903) 510-8600 |
| Website | www.smithcad.org |
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