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Showing posts with the label #Bryanappraisaldistrict

O'Connor | Bryan Property Tax Statistics

  Bryan Property Taxes  are rising more quickly than CPI + population growth. Bryan property taxes grew by 301% while CPI + population grew at only 96% from 2003 and 2023. In short, the rate of property tax growth was 214% faster than the rate of population + CPI. Bryan property taxes per capita are higher than all peer Texas cities. Bryan per capita property taxes grew from $217/ person to $661/ person between 2003 and 2023, a 205% increase. Per capita property taxes from 2003 to 2023 grew by 165% in Baytown, 169% in Cedar Park, 96% in Flower Mound, and 168% in Longview. Enactment of Senate Bill 2 in 2019 has started to influence Texas property tax rates toward compression. Bryan property tax rates fell from 64% in 2003 to 62% in 2023, that decreased 3%. Tax rates decreased by about 13% in Flower Mound and 21% in Cedar Park during the same period. Also, Baytown decreased from 74% to 79%; however, Longview increased from 48% to 56%. Tax rate compression should occur in m...