Hill County property tax

Example of Hill County Property Tax Calculation

Hill County calculates property taxes based on the assessed value of the property. Let's say that a property in Hill County has an assessed value of $100,000. The current tax rate for the county is 2.5%. To calculate the property tax, you would multiply the assessed value by the tax rate. So, in this case, the property tax would be $2,500 (100,000 x 0.025). It's important to note that property taxes in Hill County can vary depending on the specific location and any additional taxes or fees that may apply.

If you want appeal your property tax assessment - contact your local tax assessor.

Hill County Property Tax Rates

Here is the table of Hill County Property Tax rates in the US, expressed as rates per 100$ of assessed value:

Note that these rates may vary depending on the location and specific circumstances of the property. It is important for property owners in Hill County to consult with a tax advisor or local taxing authority for accurate information regarding their property tax rates.

Who sets property tax rates in Hill County ?

Who sets property tax rates in Hill County?

The Hill County Property Appraisal District (HCAD) sets the property tax rates in Hill County. The HCAD is responsible for assessing the value of all properties within the county and determining the appropriate tax rate to apply to each property.

When are property tax rates set in Hill County?

The HCAD typically sets property tax rates in Hill County during the month of August each year. This is known as the "tax rate adoption" period. During this time, the HCAD holds public meetings to discuss and adopt the tax rates for the upcoming year.

It is important to note that property tax rates may change from year to year based on a variety of factors, including changes in property values and changes in local government spending. Property owners in Hill County should keep an eye out for updates from the HCAD regarding any changes to the property tax rates in their area.

Homestead exemptions in Hill County ?

To help Hill County residents navigate through the Homestead exemption and deductions process, the following table has been created:

It's important to note that these exemptions and deductions may only apply to Hill County, Texas. Residents in other counties should check with their local appraisal district for information on specific exemptions and deductions available to them. It's recommended that Hill County residents consult with a tax professional for guidance on which exemptions and deductions they may be eligible for and how to apply for them.

When is Hill County Property Tax due ?

Hill County Property Tax is typically due on January 31st of each year. There are several payment methods available for residents of Hill County, including:

• Online Payment: Property owners can make payments online using a credit card or electronic check through the Hill County website.
• In-Person Payment: Property owners can make payments in person at the Hill County Tax Assessor-Collector's office, located at 80 North Waco Street, Suite 102, in Hillsboro, Texas.
• Mail-in Payment: Property owners can send in their payment by mail to the Hill County Tax Assessor-Collector's office at P.O. Box 398, Hillsboro, Texas 76645.

It's important to note that if the due date falls on a weekend or holiday, the payment deadline is extended to the next business day. Failure to pay property taxes on time can result in penalties and interest charges. Therefore, it's important for property owners to make their payments on time and choose the payment method that works best for them.

If you have more questions - contact your local tax collector.

How is Hill County Property Tax penalty calculated ?

Introduction:

Hill County property tax penalties are calculated based on the amount of the unpaid taxes owed. The penalty for late payment is a percentage of the taxes owed and is added to the amount due if the payment is not received by the due date.

Calculating the Penalty:

The penalty for late payment of Hill County property taxes is calculated as follows:

• If the payment is less than one month late, the penalty is 6% of the unpaid taxes.
• If the payment is between one and two months late, the penalty is 7% of the unpaid taxes.
• If the payment is between two and three months late, the penalty is 8% of the unpaid taxes.
• If the payment is more than three months late, the penalty is 10% of the unpaid taxes.

Example:

Suppose John owns a property in Hill County and his total property tax due is $10,000 for the year. If he fails to pay his taxes by the due date, he will be subject to a penalty:

• If he pays his taxes one month late, his penalty will be calculated as 6% of $10,000, which is $600. Therefore, he will need to pay $10,600 in total.
• If he pays his taxes two months late, his penalty will be calculated as 7% of $10,000, which is $700. Therefore, he will need to pay $10,700 in total.
• If he pays his taxes three months late, his penalty will be calculated as 8% of $10,000, which is $800. Therefore, he will need to pay $10,800 in total.
• If he pays his taxes more than three months late, his penalty will be calculated as 10% of $10,000, which is $1,000. Therefore, he will need to pay $11,000 in total.

It is important to note that interest will also be applied to the unpaid taxes at a rate of 1% per month until the taxes are paid in full. Therefore, it is always best to pay property taxes on time to avoid penalties and interest.

We recommend contacting the Hill County Tax Office or a local tax professional for the most up-to-date and accurate information.

Hill County tax offices:

• Hill County tax assessor
• Hill County tax collector
• Hill County tax commissioner
• Hill County tax appraiser
• Hill County tag office