Page 10 - CityofMansfieldFY25Budget
P. 10
Average Home Value
Taxable - Existing and New
$350,000
$325,000
$300,000
$275,000
$250,000
$225,000
$200,000
$175,000
$150,000
$125,000
$100,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024*
* Anticipated Source: Tarrant County Appraisal District
(2020 was the first year the city implemented a homestead exemption of 10%.)
Total Taxable Value Growth
$10,000,000,000
$9,000,000,000
$8,000,000,000
$7,000,000,000
$6,000,000,000
$5,000,000,000
$4,000,000,000
$3,000,000,000
$2,000,000,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
*2020 had a 10% homestead exemption. It increased to 12% in 2022, 14% in 2023, and 16% in 2024.
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