Canadian, Texas Property Taxes
Real Estate Values and Property Tax Valuation in Canadian, Texas
The city of Canadian has 1,621 properties with a cumulative value of $139.5M, making up 97.36% of all real estate value in Hemphill County. Property taxes in Canadian totaled $1.6M, with an average homeowner paying $1,012 in taxes, slightly higher than the county average of $1,009. Property taxes are calculated based on the assessed value of the property, which is determined by the local taxing authority.
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 | |
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TexasFile Clerk Records | - |
Hemphill Clerk | (806) 323-6212 |
Important Dates | |
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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 | |
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Early Payment Discount | |
Senior | Available |
Disabled | Available |
Homestead | Available |
Veteran | Available |
Solar/Wind | Available |
Charitable | Available |
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Real Estate Statistics in Canadian, Texas
Residential Property Tax by ZIP code in Canadian, Texas
Property taxes in Canadian, Texas, are collected at an average rate of 1.14%, which is in line with the average property tax rate in Hemphill County. This rate is applied to all properties in the county, regardless of their location or value. However, the effective property tax rate can vary significantly across ZIP codes in Canadian. For example, the ZIP code 79014 has the highest effective property tax rate of 1.14%, while other ZIP codes may have lower rates. This is because the value of homes can vary significantly across ZIP codes, and the property tax rate is based on the value of the home. Therefore, homeowners in Canadian should be aware that their effective property tax rate may be higher or lower than the average rate depending on their ZIP code.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each ZIP code in Canadian, Texas. 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.
ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
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79014 | $7,760 | $24,370 | $66,720 | $119,360 | $180,530 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each ZIP code in Canadian, Texas.
ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
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79014 | $92 | $289 | $774 | $1,389 | $2,137 |
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.
ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
79014 | 1.19% | 1.19% | 1.16% | 1.16% | 1.18% |
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Real Estate Values in Canadian, Texas
We currently do not have this data but we are working to add this soon.
Average Home Value in Canadian, Texas
Last updated: November 2023
We currently do not have this data but we are working to add this soon.
We currently do not have this data but we are working to add this soon.
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Housing Expenses in Canadian, Texas
Housing expenses are a major part of the average household budget in the state. In fact, housing expenses account for nearly one-third of total expenses for the average household. As inflation continues, housing expenses continue to rise, eating up an ever-increasing portion of the household budget. Property taxes are the second largest component of housing expenses for the average property owner in the state, making up a significant portion of the total housing expenses. As housing expenses continue to rise, it is important for households to budget carefully and plan for the future to ensure they can afford their housing expenses.
Monthly Consumer Expenses for South region
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