Poth, Texas Property Taxes
The median property tax rate in Poth, TX is 1.63%, slightly lower than the Texas state median of 1.67% but still considerably higher than the national median of 0.99%. With a median home value of $134,970 in Poth, the typical annual property tax bill reaches $2,043, which is below the national median of $2,690. Property taxes in Poth are calculated based on the tax assessed value, generally lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Poth'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 Poth or another part of Wilson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Poth, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.63%
Estimate Property Tax Bill
$2,200
$2,036
Ownwell’s Poth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Poth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Poth 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 Poth, Texas
Property taxes in Poth, Texas, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Poth is 1.63%, higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Poth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Poth 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 Poth's effective property tax rate to other counties in Texas and the national median. For comparison, the 78147 zip code has the highest median property tax rate of 1.63%, while the 78147 zip code has the lowest median tax rate of 1.63%. Understanding how these cities compare with Poth provides valuable insights into the varying tax landscape across Wilson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Poth Tax Rate
1.63%
Average Wilson County Tax Rate
1.61%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Poth, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78147 | 1.30% | 1.47% | 1.63% | 1.93% | 2.14% |
Source: Ownwell
Property Tax Assessment Values Across Poth, Texas
In Poth, 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 Wilson 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 Poth, 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 Poth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $2,043 in the 78147 zip code. The lowest median tax bill is also $2,043 in the 78147 zip code.
Average Poth Assessed Value
$134,970
Average Wilson County Assessed Value
$215,505
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Poth, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78147 | $23,235 | $57,675 | $134,970 | $241,130 | $336,815 |
Source: Ownwell
Property Tax Bills Across Poth, Texas
In Poth, located in Wilson County, TX, property tax bills are calculated based on the assessed value of a home rather than its market value. The median home price in Poth is $134,970, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as local government budgets, school district funding, and public services influence the tax rate, which can vary widely within the county. Homeowners in Poth can expect their property tax bills to fall within a broad range. The 25th percentile tax bill is approximately $883, while the 75th percentile tax bill reaches $3,642. For those at the higher end, the 90th percentile tax bill can be as much as $5,460. These figures highlight the variability in property tax obligations, which can significantly impact household finances. Compared to the national median property tax rate of 0.99%, Poth's tax rates reflect the specific needs and priorities of the local community.
Average Poth Tax Bill
$2,043
Average Wilson County Tax Bill
$3,078
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Poth, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 78147 | $395 | $883 | $2,043 | $3,642 | $5,460 |
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 | |
|---|---|
| Wilson Appraisal District | |
| Website | propaccess.trueautomation.com |