Longview, Texas Property Taxes
The median property tax rate in Longview, TX is 0.80%, which is notably lower than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Longview at $137,546, the typical annual property tax bill amounts to $1,045, significantly less than the national median of $2,690. Property taxes in Longview are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural land. Understanding Longview's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Longview or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Longview, Texas Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$3,340
Ownwell’s Longview Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Longview with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Longview to provide an estimate of your property tax bill. This valuable resource helps you understand potential tax liabilities. For those interested in neighborhood-specific trends, more localized information is available below. Your property’s assessed value is the figure assigned by the county for property tax calculations, which takes into account any applicable exemptions.
Property Tax Rates Across Longview, Texas
Property taxes in Longview, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Longview is 0.80%, lower than both the Texas state median of 1.60% and the U.S. national median of 0.99%. Local government entities within Longview set these rates annually, and they can vary significantly across different neighborhoods. Each year, Longview estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Longview's effective property tax rate to other counties in Texas and the national median. For comparison, the 75604 zip code has the highest median property tax rate of 0.88%, while the 75605 zip code has the lowest median tax rate of 0.72%. Understanding how these cities compare with Longview provides valuable insights into the varying tax landscape across Upshur County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Longview Tax Rate
0.80%
Average Upshur County Tax Rate
0.94%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Longview, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75604 | 0.23% | 0.50% | 0.88% | 1.24% | 1.84% |
75605 | 0.23% | 0.41% | 0.72% | 0.95% | 1.30% |
75645 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Longview, Texas
In Longview, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Upshur County Appraisal District for tax purposes. In contrast, the assessed value 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 are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Longview helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Longview is $1,355 in zip code 75605, while the lowest is $922 in zip code 75604.
Average Longview Assessed Value
$137,546
Average Upshur County Assessed Value
$157,270
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Longview, Texas
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75604 | $21,760 | $42,480 | $119,031 | $227,954 | $341,146 |
75605 | $58,202 | $131,885 | $270,160 | $383,520 | $526,418 |
75645 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Longview, Texas
Property tax bills in Longview, located in Upshur County, TX, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county appraisal district, which evaluates the market value of the property. Factors such as location, property size, and home features influence this assessment. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. Homeowners in Longview experience a range of tax bills. For instance, the 25th percentile tax bill is $326, while the 75th percentile tax bill reaches $2,153. At the 90th percentile, some homeowners face bills as high as $3,724. The highest median tax bill in the city is found in the 75605 zip code, amounting to $1,355, whereas the lowest median tax bill is in the 75604 zip code at $922. These variations significantly impact homeowners, influencing their overall housing costs and financial planning.
Average Longview Tax Bill
$1,045
Average Upshur County Tax Bill
$1,214
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Longview, Texas
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
75604 | $170 | $321 | $922 | $2,039 | $3,224 |
75605 | $190 | $635 | $1,355 | $2,185 | $4,205 |
75645 | N/A | N/A | N/A | N/A | N/A |
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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Upshur Appraisal District | |
Website | esearch.upshur-cad.org |