Glen Flora, Texas Property Taxes
The median property tax rate in Glen Flora, TX is 1.66%, slightly higher than the national median of 0.99% but just below the Texas state median of 1.67%. With the median home value in Glen Flora at $52,461, the typical annual property tax bill is $557, which is significantly lower than the national median of $2,690. Property taxes in Glen Flora are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Glen Flora'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 Glen Flora or another part of Wharton County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glen Flora, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.66%
Estimate Property Tax Bill
$871
$806
Ownwell’s Glen Flora Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glen Flora with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glen Flora to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Glen Flora, Texas
Property taxes in Glen Flora, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glen Flora is 1.66%, which is significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Glen Flora set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glen Flora 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 Glen Flora's effective property tax rate to other counties in Texas and the national median. For comparison, the 77443 zip code has the highest median property tax rate of 1.66%, while the same zip code also has the lowest median tax rate of 1.66%. Understanding how these cities compare with Glen Flora provides valuable insights into the varying tax landscape across Wharton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glen Flora Tax Rate
1.66%
Average Wharton County Tax Rate
1.63%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glen Flora, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77443 | 0.61% | 1.23% | 1.66% | 1.71% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Glen Flora, Texas
In Glen Flora, 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 Wharton 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 Glen Flora, 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 Glen Flora helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $52,461, with tax bills ranging from $186 at the 25th percentile to $2,806 at the 90th percentile. The highest and lowest median tax bill, both at $557, are found in zip code 77443.
Average Glen Flora Assessed Value
$52,461
Average Wharton County Assessed Value
$120,245
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glen Flora, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77443 | $7,000 | $13,522 | $52,461 | $127,336 | $186,501 |
Source: Ownwell
Property Tax Bills Across Glen Flora, Texas
In Glen Flora, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the Wharton County Appraisal District. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $52,461, homeowners can expect their property tax bill to vary significantly. At the 25th percentile, the tax bill is approximately $186, while at the 75th percentile, it rises to about $1,701. For those in the 90th percentile, the tax bill can reach up to $2,806. These variations depend on factors such as property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Glen Flora's rates may seem relatively modest, but they can still have a substantial impact on homeowners' finances. Understanding these factors helps homeowners better anticipate their property tax obligations and manage their budgets effectively.
Average Glen Flora Tax Bill
$557
Average Wharton County Tax Bill
$1,730
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Glen Flora, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77443 | $87 | $186 | $557 | $1,701 | $2,806 |
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 | |
|---|---|
| Wharton Appraisal District | |
| Website | esearch.whartoncad.net |