Property Tax & Income in Bailey County, Texas
Bailey County has an effective property tax rate of 1.52%. On the median home value of $105,300, that's roughly $1,601 per year. Median household income is $61,420.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Bailey County | Texas (state context) |
|---|---|---|
| Effective property tax rate1 | 1.52% | 1.18% |
| Median home value1 | $105,300 | — |
| State income tax3 | No state income tax | No state income tax |
| State sales tax3 | 8.20% combined | 8.20% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Bailey County, TX
Bailey County offers an unusual combination for Texas: home prices well below the state norm, paired with property taxes that run higher than most places. The median home value sits at $105,300, and the annual real-estate tax bill on that home comes to $1,601, based on an effective rate of 1.520%. That rate exceeds Texas's statewide median of 1.183% and lands the county at 42nd of 250 counties for property tax rate. Nationally, the gap is wider still, since the U.S. median effective rate is 0.794%. Households here earn a median of $61,420, with per-capita income at $30,881. Muleshoe, the largest community in the county, anchors a region where cheap housing can offset a steeper tax rate. Buyers weighing affordability should compare the total annual cost, not just the sticker price.