El Paso property tax rate (real estate, apartments, rentals)

[norm]

Could someone please tell me what the property tax rate is in El Paso.

[Muhnay]

Originally Posted by norm

Could someone please tell me what the property tax rate is in El Paso.

www.elpasotexas.gov - City of El Paso

www.elpasotexas.gov - City of El Paso

In other words its $21.44 per $1000 in value.

My House is now assessed at $85,000 ( 85*21.44 = 1822.40 in tax each year. )

LAS CRUCES are nearest neighbor property tax rate is only $7.93 per 1000 of assessed value. What a big difference!

[norm]

Muhnay,

Thanks for the info, Las Cruces keeps looking better and better to me.

[Muhnay]

Your Welcome. Even with the income tax, NM is lower than our current Property Tax in El Paso.

The unemployment rate in Las Cruces, NM, is 3.00%, with job growth of 2.04%. Future job growth over the next ten years is predicted to be 23.88%.
Las Cruces, NM Taxes

Las Cruces, NM,sales tax rate is 7.00%. Income tax is 7.10%.
Las Cruces, NM Income and Salaries

The income per capita is $18,416, which includes all adults and children. The median household income is $34,612.

Housing

The median home value in Las Cruces, NM, is $240,900. Home appreciation is 0.72% over the last year. The median age of Las Cruces, NM, real estate is 24 years.
Las Cruces, NM Apartments and Rentals

Renters make up 37.91% of the Las Cruces, NM, population. 7.85% of houses and apartments in Las Cruces, NM, are unoccupied (vacancy rate).

The unemployment rate in El Paso, TX, is 5.10%, with job growth of 0.95%. Future job growth over the next ten years is predicted to be 18.80%.
El Paso, TX Taxes

El Paso, TX,sales tax rate is 8.25%. Income tax is 0.00%.
El Paso, TX Income and Salaries

The income per capita is $16,486, which includes all adults and children. The median household income is $36,889.

Housing

The median home value in El Paso, TX, is $156,600. Home appreciation is 1.92% over the last year. The median age of El Paso, TX, real estate is 29 years.
El Paso, TX Apartments and Rentals

Renters make up 35.16% of the El Paso, TX, population. 6.08% of houses and apartments in El Paso, TX, are unoccupied (vacancy rate).

Funny how just 15-30 min drive away can be such a major change.

More info on NM income tax.. if you need it.

http://swz.salary.com/salarywizard/l...axrate_NM.html

[malamute]

The taxes here are ridiculous and the combined property tax just keeps going up, sometimes they raise the school portion, then the hospital portion, and when they max out, they just reassess the values of the houses to where they want them so they can collect the most taxes they can, even if you'd never get anything close to what they say the home is worth. They drive off profitable business with their taxes but it's helping Santa Teresa, Chaparral, and other parts of NM.

[NicoleJ]

Originally Posted by norm

Could someone please tell me what the property tax rate is in El Paso.

higher than Long Island. Our taxes were $2680 last year!!!!

[norm]

nrkelly,

My taxes are abot $5,000. After senior & veteran's reductions I pay around $4,000. I live in a middle class town where the average house is valued at $435,000 (they would sell for around $150,000 in El Paso) so you can imagine what the taxes are in the high price towns.

[KimK]

Not only are my property taxes in Dona Ana County about one third of what mine were in El Paso, I paid about 19.00 in State Income Tax after all the adjustiing, etc. I should have made this move before but I am glad I made it now.

Somebody on one of these forums presented the idea that if I (or anybody complaining like me) complained about Texas property taxes on a house it was probably because I was living over my head. In other words, if I had a house worth X dollars I should easily be able to pay the taxes. It isn't that I cannot pay the taxes. It isn't that I resent contributing to the greater good. It is the fact that I resent paying into a corrupt, broken government system wherein little returns to our communities and that is what is happening in Texas and no less in El Paso.

I sold my last house in El Paso at 90,000.00 in Central. I just received the tax appraisal on it by oversight. The CAD appraised that house at 94,000.00; $4000 over what a real person paid me for it. The bill was going to be about 2700.00 if I recall before I burned it.
Yes, I could afford to pay that bill but I ask you how many people living in a 90,000.00 home in Central can? It is robbery.

[ElPasoChica]

For a detailed breakdown of the El Paso property tax rates, check out: http://www.ci.el-paso.tx.us/econdev/infra_tax.asp

[danieloneil01]

Link fail.