Borden County, Texas Property Taxes

Local government entities in Texas determine tax rates, which can vary significantly within the state. Every year, each county, such as Borden County, calculates its required budget to maintain services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although there are votes and regulations involved in setting these rates and budgets, this is essentially the annual process.

You can compare Borden County's effective property tax rate to other counties in Texas or the U.S. median property tax rate. Borden County's median property tax rate stands at 1.37%, which is higher than the national median property tax rate of 1.02%. This means property owners in Borden County may face higher tax bills compared to the national average, which stands at $2,400. However, it's important to consider that property tax rates can fluctuate based on local budgetary needs and property values, making it essential for homeowners to stay informed about changes in their area's tax rates.

In Borden 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 county's property tax rate to determine the annual tax bill. With a median home price of $12,770, homeowners in Borden County typically see a range of tax bills. The 25th percentile of tax bills is around $30, while the 75th percentile reaches $421, and the 90th percentile climbs to $851. These figures illustrate the variability in tax bills depending on property values and exemptions.

The highest median tax bill within the county is found in Big Spring, at $506, whereas Gail reports the lowest median tax bill of $238. These tax bills have a significant impact on homeowners, influencing their overall cost of living and financial planning. Compared to the national median property tax bill of $2,400, Borden County's tax bills are relatively low, providing some financial relief to its residents.