Sterling County, Texas Property Taxes
The median property tax rate in Sterling County is 2.30%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Sterling County, the typical annual property tax bill reaches $823, which is considerably lower than the national median of $2,690. Property taxes in Sterling County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Sterling 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 Sterling City or another part of Sterling County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sterling County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.3%
Estimate Property Tax Bill
$863
$801
Ownwell’s Sterling County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sterling County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Sterling 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 Sterling County, Texas
Property taxes in Sterling County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Sterling County is 2.30%, which is significantly higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Sterling County set these rates annually, and they can vary significantly between different areas within the county. Each year, Sterling 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 Sterling City has one of the higher property tax rates in Texas at 2.30%, while the city of Sterling City also boasts one of the lowest at 2.30%. Analyzing how Sterling County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Sterling County Tax Rate
2.30%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sterling County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Sterling City | 1.57% | 2.30% | 2.30% | 2.30% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across Sterling County, Texas
In Sterling 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 Sterling 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 Sterling 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. Being aware of these valuation processes in Sterling County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Sterling City has the highest and lowest median tax bills, both at $823, reflecting uniformity in tax responsibilities.
Average Sterling County Assessed Value
$37,525
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sterling County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Sterling City | $7,831 | $17,124 | $37,525 | $80,808 | $157,035 |
Source: Ownwell
Property Tax Bills Across Sterling County, Texas
In Sterling County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate is applied to this assessed value, resulting in the annual property tax bill. Several factors influence this bill, including the property's market value, any applicable exemptions, and the specific tax rates set by local taxing entities such as schools, cities, and special districts. Homeowners in Sterling County experience varying tax bills depending on their property's value. For instance, the median home price is $37,525, leading to different tax bills across percentiles. The 25th percentile tax bill is $347, while the 75th percentile reaches $1,746, and the 90th percentile can be as high as $3,213. Notably, Sterling City has a consistent median tax bill of $823, highlighting uniformity within the city. Compared to the national median property tax rate of 0.99%, Sterling County's approach ensures that homeowners contribute fairly to local services and infrastructure, impacting their overall financial planning and community investment.
Average Sterling County Tax Bill
$823
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Sterling County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Sterling City | $154 | $347 | $823 | $1,746 | $3,213 |
Source: Ownwell