Graham, Stephens County, Texas Property Taxes

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

Median Graham, TX effective property tax rate: 1.63%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Graham, TX home value: $269,930
Median annual Graham, TX tax bill: $3,970, $1,570 higher than the national median property tax bill of $2,400.

How are property taxes in Stephens County calculated?

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

Last Updated March 1, 2025

Graham, Stephens County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.63%

Estimate Property Tax Bill

$4,400

$4,083

Ownwell’s Graham Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Graham with just two data points. By entering your property's estimated assessed value, our calculator applies Graham’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 Stephens County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Graham, Stephens County, Texas

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Graham, located in Young County, Texas, the local property tax landscape presents a unique scenario. The city's effective property tax rate is 1.63%, which stands out when compared to both the state and national medians. With Texas' median property tax rate also at 1.63%, Graham aligns with the state's average, yet it surpasses the national median of 1.02%. This means that property owners in Graham may experience a higher tax burden compared to the national average. However, it's important to consider the benefits these taxes bring, such as funding for local services and infrastructure. Understanding these dynamics can help property owners make informed decisions about their investments and potential tax appeals.

Property Tax Rates Across Graham, Stephens County, Texas

Source: Ownwell

1.63%

1.67%

1.72%

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 Graham Tax Rate

1.63%

Median Effective Stephens County Tax Rate

1.63%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Graham, Stephens County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76450	0.73%	1.63%	1.63%	1.63%	1.63%

Source: Ownwell

Property Tax Assessment Values Across Graham, Stephens County, Texas

When examining property taxes in Graham, 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 Stephens 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 Stephens 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 Graham. For example, the median home price in Graham is $269,930, with tax bills ranging significantly across the county. Zip code 76450 has the highest median home price at $269,930.

Property Tax Assessment Values Across Graham, Stephens County, Texas

Source: Ownwell

$94,730

$182,330

$269,930

Median Graham Market Value

$269,930

Median Stephens County Market Value

$101,665

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Graham, Stephens County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76450	$34,590	$142,510	$269,930	$450,710	$595,410

Source: Ownwell

Property Tax Bills Across Graham, Stephens County, Texas

In Graham, Stephens County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. The median home price in Graham is $269,930, and property tax bills can vary significantly across the area. For instance, the 25th percentile tax bill is $1,788, while the 75th percentile reaches $6,289, and the 90th percentile can soar to $8,146. The highest median tax bill in the area is $3,970, which is above the national median property tax bill of $2,400. These taxes can significantly impact homeowners' budgets, especially when the bills are higher than the national average. Ownwell can assist homeowners in Graham by reviewing their property assessments and identifying opportunities for appeals or exemptions, potentially lowering their tax burden. This service can be invaluable in ensuring homeowners are not overpaying on their property taxes.

Property Tax Bills Across Graham, Stephens County, Texas

Source: Ownwell

$1,513

$2,742

$3,970

Median Graham Tax Bill

$3,970

Median Stephens County Tax Bill

$1,510

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Graham, Stephens County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76450	$518	$1,788	$3,970	$6,289	$8,146

Source: Ownwell