Yoakum County, Texas Property Taxes
Median Yoakum County effective property tax rate: 1.43%, significantly higher than the national median of 1.02%.
Median Yoakum County home value: $60,076
Median annual Yoakum County tax bill: $762, $1,638 lower than the national median property tax bill of $2,400.
How are property taxes in Yoakum County calculated?
Property taxes in Yoakum County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Denver City or another part of Yoakum County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Yoakum County, Texas Property Tax Bill Calculator
$100,000
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Median Effective Tax Rate
1.43%
Estimate Property Tax Bill
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Property Tax Rates Across Yoakum County, Texas
Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate the budget required to provide services and divide it by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
Yoakum County in Texas has an effective property tax rate of 1.43%, which is higher than the national median of 1.02%. Comparatively, Denver City in the same county has the highest median tax rate at 1.55%, while Plains boasts the lowest at 1.16%. This variation highlights how tax rates can differ significantly even within a single county.
Understanding these differences is crucial for property owners aiming to manage their tax liabilities effectively. By knowing the rates and how they compare to state and national averages, property owners can make informed decisions about property investments and tax appeals.
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 Yoakum County Tax Rate
1.43%
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 Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Yoakum County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Denver City | 0.47% | 0.85% | 1.55% | 2.63% | 2.63% |
Plains | 0.30% | 0.63% | 1.16% | 2.22% | 2.23% |
Seagraves | N/A | N/A | N/A | N/A | N/A |
Tokio | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Yoakum County, Texas
When examining property taxes in Yoakum County, 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 Yoakum 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 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 Yoakum County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Yoakum County. For example, the median tax bill in Yoakum County is $904, with tax bills ranging significantly across the county. Denver City has the highest median home price at $64,513.
Median Yoakum County Market Value
$60,076
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Yoakum County, Texas
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Denver City | $13,662 | $32,442 | $64,513 | $124,639 | $189,311 |
Plains | $7,398 | $19,868 | $48,646 | $98,906 | $184,385 |
Seagraves | N/A | N/A | N/A | N/A | N/A |
Tokio | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Yoakum County, Texas
Median Yoakum County Tax Bill
$762
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Yoakum County, Texas
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Denver City | $143 | $370 | $904 | $1,764 | $2,995 |
Plains | $63 | $165 | $440 | $1,112 | $2,305 |
Seagraves | N/A | N/A | N/A | N/A | N/A |
Tokio | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell