Pennington, Trinity County, Texas Property Taxes
Median Pennington, TX effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Pennington, TX home value: $178,035
Median annual Pennington, TX tax bill: $1,194, $1,206 lower than the national median property tax bill of $2,400.
How are property taxes in Trinity calculated?
Property taxes in Pennington, 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 Pennington’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pennington, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pennington, Trinity County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$1,424
$1,322
Property Tax Rates Across Pennington, Trinity County, Texas
Local government entities set tax rates, and these can vary significantly within Texas. This variation arises because each county annually estimates its budget to provide essential services, dividing this by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the fundamental annual process.
In Pennington, located in county 48455, the effective property tax rate is a point of comparison. Texas’s median property tax rate is slightly below the national average of 1.02%, offering some relief to homeowners. However, within the state, disparities exist. For instance, Pennington’s tax rate aligns with the median, yet other areas in Texas may experience different rates due to varying county budgets and property values.
By understanding how these rates are established and comparing them to state and national medians, property owners in Pennington can make informed decisions about their tax obligations. This knowledge can empower residents to engage in local decision-making processes that influence how property taxes are assessed and utilized in their community.
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 Pennington Tax Rate
0.80%
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 Trinity County Tax Rate
1.50%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Pennington, Trinity County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75856 | 0.28% | 0.55% | 0.80% | 1.18% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Pennington, Trinity County, Texas
When examining property taxes in Pennington, 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 Trinity 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 Trinity County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Pennington. For example, the median home price in Pennington is $178,035, with tax bills ranging significantly across the county. Zip code 75856 has the highest median home price at $178,035.
Property Tax Assessment Values Across Pennington, Trinity County, Texas
Source: Ownwell
$63,822
$120,929
$178,035
Median Pennington Market Value
$178,035
Median Trinity County Market Value
$68,839
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Pennington, Trinity County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75856 | $30,848 | $57,484 | $178,035 | $355,369 | $601,575 |
Source: Ownwell
Property Tax Bills Across Pennington, Trinity County, Texas
Median Pennington Tax Bill
$1,194
Median Trinity County Tax Bill
$945
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Pennington, Trinity County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75856 | $248 | $590 | $1,194 | $1,591 | $3,498 |
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 | |
|---|---|
| Trinity Appraisal District | |
| Website | propaccess.trueautomation.com |