Titus County Property Taxes
The median property tax rate in Titus County is 0.41%, which is significantly lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Titus County at $154,720, the typical annual property tax bill is $573, far below the national median of $2,690. Property taxes in Titus County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Titus 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 Mount Pleasant or another part of Titus County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Titus County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.41%
Estimate Property Tax Bill
$634
$589
Ownwell’s Titus County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Titus County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Titus 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 Titus County, Texas
Property taxes in Titus County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Titus County is 0.41%, which is lower than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Titus County set these rates annually, and they can vary significantly between different areas within the county. Each year, Titus 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. The following data compares Titus County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Mount Vernon has one of the higher property tax rates in Texas at 0.56%, while the city of Winfield boasts one of the lowest at 0.41%. Analyzing how Titus County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Titus County Tax Rate
0.41%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Titus County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cason | 0.52% | 0.52% | 0.52% | 0.52% | 0.52% |
| Cookville | 0.15% | 0.26% | 0.37% | 0.46% | 0.54% |
| Mount Pleasant | 0.22% | 0.31% | 0.42% | 0.50% | 0.60% |
| Mount Vernon | 0.43% | 0.49% | 0.56% | 0.61% | 0.66% |
| Mt Pleasant | 0.18% | 0.30% | 0.43% | 0.51% | 0.61% |
| Omaha | N/A | N/A | N/A | N/A | N/A |
| Pittsburg | 0.19% | 0.27% | 0.38% | 0.50% | 0.59% |
| Talco | 0.15% | 0.27% | 0.39% | 0.47% | 0.55% |
| Winfield | 0.23% | 0.31% | 0.41% | 0.46% | 0.52% |
Source: Ownwell
Property Tax Assessment Values Across Titus County, Texas
In Titus 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 Titus 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 Titus 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. In Titus County, the median home price is $154,720, with tax bills ranging from $248 at the 25th percentile to $1,615 at the 90th percentile. The highest median tax bill is $1,917 in Cason, while the lowest is $150 in Winfield. Being aware of these valuation processes in Titus County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Titus County Assessed Value
$154,720
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Titus County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cason | $371,143 | $371,143 | $371,143 | $371,143 | $371,143 |
| Cookville | $25,070 | $62,118 | $150,000 | $269,916 | $381,249 |
| Mount Pleasant | $25,412 | $93,485 | $162,524 | $253,107 | $380,686 |
| Mount Vernon | $94,043 | $117,236 | $257,575 | $406,714 | $466,781 |
| Mt Pleasant | $47,721 | $117,996 | $209,931 | $298,175 | $436,370 |
| Omaha | N/A | N/A | N/A | N/A | N/A |
| Pittsburg | $30,171 | $86,000 | $197,723 | $372,533 | $567,565 |
| Talco | $8,244 | $20,204 | $74,850 | $136,094 | $205,960 |
| Winfield | $7,396 | $14,823 | $44,461 | $111,424 | $175,959 |
Source: Ownwell
Property Tax Bills Across Titus County, Texas
In Titus County, TX, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this county is $154,720. Homeowners can expect varying tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is around $248, while the 75th percentile tax bill reaches $1,030. At the higher end, the 90th percentile tax bill can be as much as $1,615. Factors influencing the tax bill include the local tax rate, property assessments, and any applicable exemptions. These elements combine to determine the final amount a homeowner owes. Compared to the national median property tax rate of 0.99%, Titus County presents a varied landscape for property taxes. For example, the highest median tax bill in Cason is $1,917, whereas Winfield has the lowest at $150. This disparity affects homeowners differently, influencing their financial planning and property investment decisions.
Average Titus County Tax Bill
$573
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Titus County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cason | $1,917 | $1,917 | $1,917 | $1,917 | $1,917 |
| Cookville | $67 | $171 | $468 | $1,022 | $1,453 |
| Mount Pleasant | $88 | $305 | $615 | $1,060 | $1,642 |
| Mount Vernon | $532 | $621 | $1,390 | $1,866 | $2,639 |
| Mt Pleasant | $134 | $342 | $820 | $1,254 | $1,950 |
| Omaha | N/A | N/A | N/A | N/A | N/A |
| Pittsburg | $105 | $225 | $660 | $1,380 | $2,369 |
| Talco | $26 | $61 | $221 | $475 | $754 |
| Winfield | $26 | $60 | $150 | $394 | $631 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Titus Appraisal District | |
| Website | esearch.titus-cad.org |