Average Tax Assessment in Cherokee County
Real Estate Values and Property Tax Valuation in Cherokee County, Texas
Cherokee County has 19,540 properties with a cumulative value of $2.5B, representing 0.12% of all real estate value in Texas. The average property tax rate in Cherokee County is 0.42%, significantly lower than the state average of 1.69%. Property taxes in Cherokee County total $10.6M, with the average homeowner paying $555 in property taxes compared to the state average of $4,015. Properties are typically valued for tax purposes based on their market value.
The property tax timeline in Texas begins on January 1st, when the property valuation date is set. Property value notices are issued between April and May, and the property tax appeal deadline is May 15th or 30 days after the notices are issued. The real property tax bill is due on January 31st for the preceding year's gross tax bills.
Updated November 01, 2023
| Important Links | |
|---|---|
| Cherokee Tax Office | (903) 683-5478 |
| Cherokee Assessor | (678) 493-6120 |
| Cherokee Appraiser | (620) 429-3984 |
| Cherokee Assessor | (828) 835-3296 |
| Important Dates | |
|---|---|
| Real Property Tax Bill Due (1st of #): | January 31st, Gross tax bills for preceding year |
| Property Valuation Date: | January 1st |
| Property Value Notices Issued: | April - May |
| Property Tax Appeal Deadline: | May 15th or 30 days after notices are issued |
| Property Tax Bills Issued: | October 1st |
| Available Exemptions | |
|---|---|
| Early Payment Discount | |
| Senior | Available |
| Disabled | Available |
| Homestead | Available |
| Veteran | Available |
| Solar/Wind | Available |
| Charitable | Available |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Cherokee County
Residential Property Taxes by Cities in Cherokee County
Cherokee County has an average property tax rate of 0.42%, which is slightly lower than the state average of 0.45%. Property taxes in Cherokee County are collected by the county government and are used to fund public services such as schools, roads, and public safety. The average property tax bill in Cherokee County is $555, which is lower than the state average of $631.
Property tax rates in Cherokee County vary across cities, with Jacksonville having the highest effective property tax rate at 0.44% and Troup having the lowest at 0.37%. This means that property owners in Jacksonville will pay more in taxes than those in Troup. However, the difference in rates is relatively small, so the impact on property owners is minimal.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Cherokee County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alto | $6,740 | $23,120 | $53,220 | $121,420 | $231,690 |
| Bullard | $4,170 | $31,770 | $107,640 | $311,895 | $477,690 |
| Jacksonville | $15,277 | $41,438 | $84,760 | $163,948 | $278,076 |
| Rusk | $10,962 | $34,405 | $78,470 | $142,158 | $231,750 |
| Troup | $28,470 | $69,610 | $163,350 | $282,370 | $413,002 |
| Wells | $4,280 | $19,100 | $43,810 | $81,500 | $153,710 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Cherokee County.
Effective Property Tax Rate
The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.
Reduce your property tax bill with Ownwell!
Real Estate Values in Cherokee County
The data from Redfin shows that the median home price in Cherokee County, Texas has decreased by 30.27% from October 2022 to October 2023. This indicates that the housing market in the area has been weak over the past year. Additionally, the home inventory in Cherokee County has increased significantly from 35 in October 2022 to 193 in October 2023, indicating that there is an abundance of homes available for purchase in the area.
Average Home Value in Cherokee County, Texas
Last updated: November 2023
Percent Change in Total Home Sales in Cherokee County
Last updated: November 2023
Percent Change in New Home Listings in Cherokee County
Last updated: November 2023
Reduce your property tax bill with Ownwell
Mortgage Rates in Cherokee County
Mortgages in Cherokee County are a major part of the local economy, with a total outstanding loan amount of $487.7M. This represents a significant portion of the total home value in the county, and demonstrates the importance of home ownership in the area. The number of outstanding loans in Cherokee County is 4.2K, indicating that many people are taking advantage of the opportunity to purchase a home.
The median mortgage rate in Cherokee County varies across cities, with Alto having the highest rate at 4.13%, and Jacksonville having the lowest rate at 4.13%. This variation in rates allows potential homeowners to find the best deal for their needs, and helps to ensure that the local housing market remains competitive. Overall, mortgages in Cherokee County are an important part of the local economy, and provide a great opportunity for potential homeowners.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Cherokee County by city.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alto | $13,730 | $26,052 | $55,634 | $116,532 | $209,465 |
| Bullard | $33,591 | $84,148 | $179,573 | $256,260 | $349,865 |
| Jacksonville | $18,351 | $37,077 | $67,647 | $128,391 | $213,561 |
| Rusk | $17,536 | $36,846 | $69,718 | $125,266 | $186,414 |
| Troup | $31,572 | $76,247 | $131,061 | $205,899 | $287,304 |
| Wells | $8,627 | $17,114 | $46,795 | $110,834 | $160,894 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Cherokee County.
Housing Expenses in Cherokee County, Texas
Reduce your property tax bill with Ownwell
With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.
How Ownwell works?
- Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
- Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
- Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
- When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.