Emory, Wood County, Texas Property Taxes

Name: Property Tax Bills Across Emory, Wood County, Texas
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Emory, TX effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Emory, TX home value: $437,980
Median annual Emory, TX tax bill: $3,413, $1,013 higher than the national median property tax bill of $2,400.

How are property taxes in Wood County calculated?

Property taxes in Emory, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Emory’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Emory, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Emory, Wood County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.87%

Estimate Property Tax Bill

$3,810

$3,536

Ownwell’s Emory Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Emory with just two data points. By entering your property's estimated assessed value, our calculator applies Emory’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Wood County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Emory, Wood County, Texas

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Emory, located in Wood County, Texas, the property tax landscape offers a unique perspective. The effective property tax rate here stands at 0.87%, which is below the national median rate of 1.02%. This means homeowners in Emory are likely to pay less in property taxes compared to many other regions across the country. When comparing Emory's rate to other cities in Texas, it's notable that the rate is consistent with the state’s median. This consistency can offer homeowners a sense of predictability when planning their financial obligations related to property ownership. For those considering an appeal or exemption, understanding these rates can be crucial in making informed decisions about their property tax liabilities.

Property Tax Rates Across Emory, Wood County, Texas

Source: Ownwell

0.32%

0.63%

0.94%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Emory Tax Rate

0.87%

Median Effective Wood County Tax Rate

0.67%

Median Effective Texas Tax Rate

1.67%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Emory, Wood County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
75440	0.57%	0.73%	0.87%	1.13%	1.26%

Source: Ownwell

Property Tax Assessment Values Across Emory, Wood County, Texas

When examining property taxes in Emory, Texas, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Wood County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Wood County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Emory. For example, the median home price in Emory is $437,980, with tax bills ranging significantly across the county. ZIP code 75440 has the highest median home price at $437,980.

Property Tax Assessment Values Across Emory, Wood County, Texas

Source: Ownwell

$123,810

$280,895

$437,980

Median Emory Market Value

$437,980

Median Wood County Market Value

$164,060

Median Texas Market Value

$247,950

Median United States Market Value

$235,294

Property Tax Assessment Values Across Emory, Wood County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
75440	$173,424	$281,240	$437,980	$593,620	$724,382

Source: Ownwell

Property Tax Bills Across Emory, Wood County, Texas

In Emory, located in Wood County, TX, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the home's size, location, and condition play a significant role in the assessment process. With a median home price of $437,980, homeowners in Emory can expect varied tax bills, ranging from the 25th percentile at $1,993 to the 90th percentile reaching $7,163. Compared to the national median property tax bill of $2,400, Emory's tax bills can be significantly higher, impacting homeowners' finances. Ownwell offers expert services to help homeowners navigate the complexities of property tax appeals and exemptions. By leveraging local expertise and comprehensive data analysis, Ownwell can assist homeowners in potentially reducing their tax burdens, ensuring they only pay what is fair and accurate. This not only provides financial relief but also peace of mind.

Property Tax Bills Across Emory, Wood County, Texas

Source: Ownwell

$454

$1,934

$3,413

Median Emory Tax Bill

$3,413

Median Wood County Tax Bill

$816

Median Texas Tax Bill

$3,971

Median United States Tax Bill

$2,400

Property Tax Bills Across Emory, Wood County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
75440	$798	$1,993	$3,413	$5,741	$7,163

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
Wood Appraisal District
Website	esearch.woodcad.net