Utopia, Texas Property Taxes
The median property tax rate in Utopia, TX is 1.46%, which is higher than the national median of 0.99% but lower than the Texas state median of 1.67%. With a median home value of $134,244, the typical annual property tax bill in Utopia amounts to $1,348, which is below the national median of $2,690. Property taxes in Utopia are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Utopia's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Utopia or another part of Uvalde County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Utopia, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$1,960
$1,819
Ownwell’s Utopia Property Tax Bill Calculator helps homeowners, real estate investors, and potential buyers estimate their annual property taxes in Utopia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Utopia to estimate your property tax bill. This insightful tool is designed to help you understand potential tax liabilities with ease. For those interested in more granular data, localized neighborhood trends are available below. Your property’s assessed value, determined by Uvalde County, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Utopia, Texas
Property taxes in Utopia, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Utopia is 1.46%, higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Utopia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Utopia 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 Utopia's effective property tax rate to other counties in Texas and the national median. For comparison, the 78884 zip code has the highest median property tax rate of 1.46%, while the 78884 zip code has the lowest median tax rate of 1.46%. Understanding how these cities compare with Utopia provides valuable insights into the varying tax landscape across Uvalde County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Utopia Tax Rate
1.46%
Average Uvalde County Tax Rate
1.49%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Utopia, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78884 | 0.43% | 0.75% | 1.46% | 1.46% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Utopia, Texas
In Utopia, 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 Uvalde 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. In Utopia, 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. The median home price in Utopia is $134,244, with tax bills ranging from $554 at the 25th percentile to $4,244 at the 90th percentile. The highest median tax bill is $1,348 in the 78884 zip code, which also has the lowest median tax bill of the same amount. 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 Utopia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Utopia Assessed Value
$134,244
Average Uvalde County Assessed Value
$113,531
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Utopia, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78884 | $28,964 | $59,492 | $134,244 | $268,136 | $409,448 |
Source: Ownwell
Property Tax Bills Across Utopia, Texas
In Utopia, located in Uvalde 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 Utopia is $134,244. The property tax rate in Uvalde County is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. For homeowners, this means that the amount they owe in property taxes can vary significantly. The 25th percentile tax bill in Utopia is $554, while the 75th percentile tax bill is $2,713. At the higher end, the 90th percentile tax bill reaches $4,244. These variations illustrate how different factors can impact the final tax amount. Homeowners in the zip code 78884 see a median tax bill of $1,348, which is consistent across the area. Compared to the national median property tax rate of 0.99%, Utopia's property tax rates and bills reflect local economic conditions and property values.
Average Utopia Tax Bill
$1,348
Average Uvalde County Tax Bill
$1,353
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Utopia, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78884 | $261 | $554 | $1,348 | $2,713 | $4,244 |
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 | |
|---|---|
| Uvalde Appraisal District | |
| Website | propaccess.trueautomation.com |