Wood County, Texas Property Taxes
Census Bureau ACS property tax data for Texas. Population: 14,552.
The median annual property tax in Wood County is $1,818, which is 17% lower than the Texas state average and 5% below the national average. The effective tax rate is 0.93% on a median home value of $195,100. Property taxes represent 2.9% of the median household income in this county.
Median Annual Tax
$1,818
-17% vs State
-5% vs US
Median Home Value
$195,100
+13% vs State
-8% vs US
Effective Tax Rate
0.93%
-27% vs State
-2% vs US
With vs Without Mortgage
With Mortgage
$2,266
$189/mo
Without Mortgage
$1,531
$128/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 | $1,818 +3.2% | 0.93% |
| 2022 | $1,761 +5.3% | 1.03% |
| 2021 | $1,673 +0.1% | 1.09% |
| 2020 | $1,672 +7.5% | 1.10% |
| 2019 | $1,556 | 1.13% |
Tax Burden
Tax-to-Income Ratio
2.9%
of median household income
Median Income
$62,524
per year
Monthly Tax
$152
per month
Other Counties in Texas
San Patricio County
Tax: $2,754/yr Rate: 1.53%
Hays County
Tax: $6,420/yr Rate: 1.73%
Donley County
Tax: $1,019/yr Rate: 1.13%
Dallas County
Tax: $4,668/yr Rate: 1.68%
Edwards County
Tax: $823/yr Rate: 1.05%
Webb County
Tax: $3,312/yr Rate: 1.85%
Frequently Asked Questions
What is the average property tax in Wood County, Texas? ▼
The median annual property tax in Wood County is $1,818 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.93% on a median home value of $195,100.
How does Wood County property tax compare to the national average? ▼
Property taxes in Wood County are 5% below the national average of $1,923. The effective rate of 0.93% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Wood County? ▼
In Wood County, homeowners with a mortgage pay a median of $2,266 in annual property taxes, while homeowners without a mortgage pay $1,531. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Wood County? ▼
Property taxes in Wood County represent approximately 2.9% of the median household income of $62,524. 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.