Tom Green County Property Taxes
The median property tax rate in Tom Green County is 1.11%, which is higher than the national median of 0.99% but lower than Texas's state median of 1.67%. With the median home value in Tom Green County at $186,425, the typical annual property tax bill is around $1,970, significantly below the national median of $2,690. Property taxes in Tom Green County are calculated based on the tax assessed value, which is often lower than the market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Tom Green County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in San Angelo or another part of Tom Green County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tom Green County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$2,069
$1,920
Ownwell’s Tom Green County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Tom Green County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Tom Green 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 Tom Green County, Texas
Property taxes in Tom Green County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Tom Green County is 1.11%, which is higher than both the Texas state median of 1.69% and the U.S. national median of 0.99%. Local government entities within Tom Green County set these rates annually, and they can vary significantly between different areas within the county. Each year, Tom Green 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 Tom Green County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Water Valley has one of the higher property tax rates in Texas at 1.47%, while the city of Vancourt boasts one of the lowest at 0.43%. Analyzing how Tom Green County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Tom Green County Tax Rate
1.11%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tom Green County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Carlsbad | 0.15% | 0.28% | 0.88% | 1.72% | 1.73% |
Christoval | 0.17% | 0.36% | 0.70% | 1.30% | 1.31% |
Eola | 0.40% | 0.61% | 0.82% | 1.19% | 1.44% |
Mereta | N/A | N/A | N/A | N/A | N/A |
Miles | 0.17% | 0.29% | 0.64% | 1.08% | 1.54% |
Robert Lee | 0.23% | 0.29% | 0.38% | 0.75% | 1.21% |
San Angelo | 0.37% | 0.62% | 1.13% | 1.99% | 1.99% |
Vancourt | 0.17% | 0.29% | 0.43% | 0.65% | 0.92% |
Wall | 0.28% | 0.70% | 0.81% | 1.10% | 1.44% |
Water Valley | 0.16% | 0.40% | 1.47% | 1.70% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Tom Green County, Texas
In Tom Green 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 Tom Green 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 Tom Green 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. For example, Wall has the highest median tax bill at $4,748, while Robert Lee has the lowest at $799. 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 Tom Green County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Tom Green County, Texas
Source: Ownwell
$111,550
$332,085
$552,620
Average Tom Green County Assessed Value
$186,425
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tom Green County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Carlsbad | $24,803 | $57,538 | $129,700 | $245,020 | $353,774 |
Christoval | $62,396 | $140,565 | $329,490 | $515,465 | $769,738 |
Eola | $77,908 | $212,780 | $323,840 | $441,770 | $696,710 |
Mereta | N/A | N/A | N/A | N/A | N/A |
Miles | $79,308 | $165,575 | $248,935 | $382,360 | $576,920 |
Robert Lee | $59,412 | $132,970 | $242,910 | $341,680 | $489,078 |
San Angelo | $65,052 | $113,070 | $184,820 | $278,150 | $382,612 |
Vancourt | $150,130 | $214,260 | $293,610 | $484,610 | $605,790 |
Wall | $167,926 | $330,155 | $552,620 | $664,785 | $786,014 |
Water Valley | $48,440 | $110,010 | $146,470 | $251,355 | $319,985 |
Source: Ownwell
Property Tax Bills Across Tom Green County, Texas
In Tom Green 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 the county is $186,425. Homeowners can expect their property tax bill to vary significantly depending on the assessed value of their property and specific local tax rates. For instance, the 25th percentile tax bill is $853, while the 75th percentile tax bill reaches up to $3,404. The tax bill at the 90th percentile is $4,969, indicating a wide range in property tax obligations. Several factors influence the final tax bill, including the home's assessed value, local tax rates, and any applicable exemptions. Homeowners in cities like Wall face the highest median tax bill at $4,748, while those in Robert Lee enjoy the lowest at $799. These variations can significantly impact homeowners' annual expenses, making it crucial for residents to understand their property's assessed value and any available tax relief options.
Average Tom Green County Tax Bill
$1,970
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Tom Green County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Carlsbad | $124 | $261 | $812 | $2,011 | $3,481 |
Christoval | $262 | $713 | $2,046 | $3,849 | $5,586 |
Eola | $733 | $1,177 | $2,366 | $3,786 | $5,358 |
Mereta | N/A | N/A | N/A | N/A | N/A |
Miles | $255 | $671 | $1,552 | $3,155 | $4,532 |
Robert Lee | $213 | $453 | $799 | $1,535 | $4,341 |
San Angelo | $401 | $874 | $1,992 | $3,410 | $4,962 |
Vancourt | $466 | $708 | $1,155 | $2,471 | $4,864 |
Wall | $699 | $2,191 | $4,748 | $5,832 | $7,991 |
Water Valley | $267 | $424 | $1,955 | $3,854 | $4,760 |
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 | |
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Tom Green Appraisal District | |
Website | iswdataclient.azurewebsites.net |