Panhandle, TX — income, home value, property tax, and sales tax.
In ZIP code 79097, near Panhandle, homes carry a median value of $144,600, and the county-level effective property tax rate of 1.19% works out to roughly $1,721 a year in taxes on such a home. With median household income at $88,182, that annual bill takes up about two percent of a household's earnings, an amount most owners can absorb without straining their finances. Per-capita income sits at $43,184, and the combined sales tax rate is 6.25%. The gap between home prices and local earnings helps explain why ownership stays within reach here.
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