Palo Pinto County, Texas Property Taxes
Census Bureau ACS property tax data for Texas. Population: 7,575.
The median annual property tax in Palo Pinto County is $2,147, which is 2% lower than the Texas state average and 12% above the national average. The effective tax rate is 1.28% on a median home value of $167,300. Property taxes represent 3.3% of the median household income in this county.
Median Annual Tax
$2,147
-2% vs State
+12% vs US
Median Home Value
$167,300
-3% vs State
-21% vs US
Effective Tax Rate
1.28%
+0% vs State
+35% vs US
With vs Without Mortgage
With Mortgage
$3,426
$286/mo
Without Mortgage
$1,497
$125/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,147 +4.4% | 1.28% |
| 2022 | $2,057 +6.7% | 1.36% |
| 2021 | $1,928 +12.4% | 1.51% |
| 2020 | $1,716 +8.2% | 1.48% |
| 2019 | $1,586 | 1.48% |
Tax Burden
Tax-to-Income Ratio
3.3%
of median household income
Median Income
$64,972
per year
Monthly Tax
$179
per month
Other Counties in Texas
Midland County
Tax: $3,697/yr Rate: 1.26%
Eastland County
Tax: $1,451/yr Rate: 1.19%
Rockwall County
Tax: $6,341/yr Rate: 1.64%
Parker County
Tax: $4,978/yr Rate: 1.45%
Terry County
Tax: $1,645/yr Rate: 1.48%
Edwards County
Tax: $823/yr Rate: 1.05%
Frequently Asked Questions
What is the average property tax in Palo Pinto County, Texas? ▼
The median annual property tax in Palo Pinto County is $2,147 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.28% on a median home value of $167,300.
How does Palo Pinto County property tax compare to the national average? ▼
Property taxes in Palo Pinto County are 12% above the national average of $1,923. The effective rate of 1.28% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Palo Pinto County? ▼
In Palo Pinto County, homeowners with a mortgage pay a median of $3,426 in annual property taxes, while homeowners without a mortgage pay $1,497. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Palo Pinto County? ▼
Property taxes in Palo Pinto County represent approximately 3.3% of the median household income of $64,972. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.