Midland, TX — income, home value, property tax, and sales tax.
ZIP code 79707, in Midland, sits firmly in affluent territory. A median household income of $99,886 and per-capita income of $60,777 place it well above national norms, while a median home value of $389,400 reflects a housing stock priced for higher earners. That valuation carries a county-level effective property tax rate of 1.23%, a meaningful annual cost given local home prices. Add an 8.25% combined sales tax rate on purchases, and the overall tax load matches the area's prosperity—substantial, but supported by incomes that can absorb it.
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