Gary, Shelby County, Texas Property Taxes
Median Gary, TX effective property tax rate: 1.24%, significantly higher than the national median of 1.02%, and higher than the Texas state median of 1.48%.
Median Gary, TX home value: $76,465
Median annual Gary, TX tax bill: $685, $1,715 lower than the national median property tax bill of $2,400.
How are property taxes in Shelby calculated?
Property taxes in Gary, 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 Gary's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gary, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gary, Shelby County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.24%
Estimate Property Tax Bill
$948
$880
Property Tax Rates Across Gary, Shelby County, Texas
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Gary, located in Shelby County, the effective property tax rate is notably higher than the national median of 1.02%. Comparatively, the median property tax rate in Texas is 1.24%, which aligns with the rate in Gary, indicating that the city reflects the state's overall tax landscape. However, it's important to note that Texas's median rate is higher than the national median, meaning property owners in Gary may face a higher tax burden than the average American homeowner. This comparison highlights the importance of understanding local tax rates and their impact on property taxes, as they can significantly affect the financial obligations of property owners in different regions.
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 Gary Tax Rate
1.24%
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 Shelby County Tax Rate
1.53%
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Gary, Shelby County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75643 | 0.48% | 0.68% | 1.24% | 1.56% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Gary, Shelby County, Texas
When examining property taxes in Gary, TX, 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 Shelby 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 Shelby 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 Gary. For example, the median home price in Gary is $76,465, with tax bills ranging significantly across the county. Zip code 75643 has the highest median home price at $76,465.
Property Tax Assessment Values Across Gary, Shelby County, Texas
Source: Ownwell
$59,270
$99,063
$138,855
Median Gary Market Value
$76,465
Median Shelby County Market Value
$73,180
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Gary, Shelby County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75643 | $14,868 | $21,725 | $76,465 | $170,365 | $311,995 |
Source: Ownwell
Property Tax Bills Across Gary, Shelby County, Texas
Median Gary Tax Bill
$685
Median Shelby County Tax Bill
$984
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Property Tax Bills Across Gary, Shelby County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 75643 | $112 | $242 | $685 | $1,944 | $2,978 |
Source: Ownwell
Don't miss the deadline to protest!
Dates |
|---|
Links | |
|---|---|
| Shelby Appraisal District | |
| Website | esearch.shelbycad.com |