Dallas, TX — income, home value, property tax, and sales tax.
In ZIP code 75205, near Dallas, homes carry a median value of $1,706,700, and the county's 1.58% effective property tax rate translates into a substantial annual bill. Households here report a median income of $181,631, with per-capita income at $121,272 — earnings that help absorb that levy, though the gap between income and home price is wide. Sales tax across the area sits at 8.25%. Ownership in this ZIP demands significant financial capacity, since property taxes alone claim a meaningful share of what residents earn each year.
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