ZIP Code 76077

In ZIP code 76077, near Rainbow, homes carry a median value of $480,000, and the county's 0.91% effective property tax rate works out to roughly $4,368 a year on such a home. Households here earn a median of $118,705, so that tax equals about 3.7% of annual income. Per-capita income sits lower, at $34,271, meaning the burden varies widely across individual earners. A 6.25% combined sales tax applies to purchases. The gap between the two income measures hints that homeownership costs may weigh differently depending on household size and whether more than one earner contributes.