Wheeler County, Texas Property Taxes
The median property tax rate in Wheeler County is 2.39%, which is significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in Wheeler County, the typical annual property tax bill reaches $1,062, which is below the national median of $2,690. Property taxes in Wheeler County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Wheeler County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Wheeler or another part of Wheeler County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wheeler County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.39%
Estimate Property Tax Bill
$1,185
$1,100
Ownwell’s Wheeler County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Wheeler County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Wheeler 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 Wheeler County, Texas
Property taxes in Wheeler County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Wheeler County is 2.39%, which is higher than both the Texas state median of 1.81% and the U.S. national median of 0.99%. Local government entities within Wheeler County set these rates annually, and they can vary significantly between different areas within the county. Each year, Wheeler 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 Wheeler County's effective property tax rate with other counties in Texas and the national median. For comparison, the city of Wheeler has one of the higher property tax rates in Texas at 2.46%, while the city of Briscoe boasts one of the lowest at 1.68%. Analyzing how Wheeler County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Wheeler County Tax Rate
2.39%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wheeler County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allison | 1.63% | 1.68% | 1.68% | 1.68% | 1.68% |
| Briscoe | 0.97% | 1.57% | 1.68% | 1.68% | 1.68% |
| Canadian | N/A | N/A | N/A | N/A | N/A |
| Mclean | 1.14% | 1.14% | 1.84% | 1.84% | 1.98% |
| Mobeetie | 1.35% | 1.61% | 1.68% | 2.00% | 2.00% |
| Shamrock | 1.82% | 2.20% | 2.39% | 2.39% | 2.39% |
| Sweetwater | N/A | N/A | N/A | N/A | N/A |
| Wheeler | 1.78% | 1.99% | 2.46% | 2.46% | 2.46% |
Source: Ownwell
Property Tax Assessment Values Across Wheeler County, Texas
In Wheeler 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 Wheeler 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 Wheeler 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. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Canadian has the highest median tax bill at $4,071, while Sweetwater has the lowest at $443. Being aware of these valuation processes in Wheeler County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Wheeler County Assessed Value
$49,600
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wheeler County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allison | $16,330 | $26,638 | $52,780 | $86,490 | $132,850 |
| Briscoe | $8,292 | $33,690 | $65,250 | $122,470 | $173,288 |
| Canadian | N/A | N/A | N/A | N/A | N/A |
| Mclean | $11,168 | $27,780 | $51,950 | $99,910 | $136,570 |
| Mobeetie | $6,659 | $22,630 | $48,445 | $91,468 | $173,291 |
| Shamrock | $10,681 | $21,780 | $43,955 | $86,300 | $141,337 |
| Sweetwater | N/A | N/A | N/A | N/A | N/A |
| Wheeler | $12,872 | $30,168 | $60,530 | $124,510 | $195,601 |
Source: Ownwell
Property Tax Bills Across Wheeler County, Texas
In Wheeler County, TX, property tax bills are calculated based on the assessed value of a home and the applicable local tax rate. The assessed value is determined by the county’s appraisal district, which evaluates the market value of the property. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. For instance, with a median home price of $49,600, homeowners in Wheeler County can expect varying tax bills. The tax bill at the 25th percentile is $498, while at the 75th percentile, it rises to $2,123, and at the 90th percentile, it reaches $3,420. Comparatively, the highest median tax bill in the county is found in Canadian city at $4,071, whereas Sweetwater city has the lowest median tax bill of $443. These figures highlight the significant impact of property tax rates and assessed values on homeowners, often resulting in a wide range of tax liabilities. Understanding these factors can help homeowners better anticipate and manage their annual property tax expenses.
Average Wheeler County Tax Bill
$1,062
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Wheeler County, Texas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allison | $274 | $447 | $873 | $1,445 | $2,229 |
| Briscoe | $154 | $463 | $925 | $2,012 | $2,712 |
| Canadian | N/A | N/A | N/A | N/A | N/A |
| Mclean | $127 | $284 | $869 | $1,993 | $2,600 |
| Mobeetie | $123 | $366 | $815 | $1,436 | $2,430 |
| Shamrock | $247 | $471 | $971 | $1,941 | $3,036 |
| Sweetwater | N/A | N/A | N/A | N/A | N/A |
| Wheeler | $301 | $688 | $1,357 | $2,732 | $4,136 |
Source: Ownwell