Midland, TX — income, home value, property tax, and sales tax.
In ZIP code 79701, which covers part of Midland, homes carry a median value of $214,700, and the county-level property tax rate of 1.23% works out to roughly $2,641 a year for a home at that price. With median household income at $57,346 and per-capita income at $31,463, that tax bill equals about 4.6% of a typical household's annual earnings — a real cost, though one that leaves room in most budgets. Sales taxes add 8.25% at checkout.
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