PasadenaPropertyTaxStatistics
PasadenaPropertyTax
Pasadena Property Taxes areexplodingataratemuchfasterthanCPI+populationgrowth.Between2003and2023,Pasadenapropertytaxesgrew by191%whileCPI+populationgrewatonly68%.Stateddifferently,therateofpropertytaxgrowthwas181%fasterthantherateofpopulation+CPI.
Pasadena property taxes per capita are higher than most peer Texas cities. Pasadena per capita property taxes grew from $175/ person to $493/ person between 2003 and 2023, an 182% increase. Carrollton exhibited the lowest rate of per capita property tax growth at 106% between 2003 and 2023.Percapitapropertytaxesfrom2003to2023grewby204%inDenton,155%inMcAllenand173%inMesquite.
Property tax rates are expected to fall due to SB 2, passed by legislature and signed by Governor Abbott in 2019. Pasadena property tax rates decreased by 19% from 2003 to 2023. Tax rates in Carrollton decreased by 8% and McAllen increased by 10%. Tax rates increased by about 28% in Mesquiteduringthesameperiod.However,Dentonincreasedfrom55%to57%by4%.
Taxratecompressionshouldoccurinmostcitiesevenifassessedvaluescontinuetheirupwardtrend.Whatcanyoudo?Protestyourpropertytaxes each and every year About 60 to 80% of tax appeals are successful. Harris County Appraisal District property owners who appealed their property taxesin2020savedabout$694billioncollectively
