Property Tax & Income in Crane County, Texas
Crane County has an effective property tax rate of 1.04%. On the median home value of $129,400, that's roughly $1,346 per year. Median household income is $62,212.
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 | Crane County | Texas (state context) |
|---|---|---|
| Effective property tax rate1 | 1.04% | 1.18% |
| Median home value1 | $129,400 | — |
| 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 Crane County, TX
Crane County collects property taxes at an effective rate of 1.040%, which sits below Texas's statewide median of 1.183% but above the national median of 0.794%. Among the state's 250 counties, this places Crane County at rank 175, indicating a lighter tax load than most Texas counties. A median home value of $129,400 generates an annual real-estate tax bill of about $1,346. Households here earn a median of $62,212, with per-capita income at $29,133. The county's rate advantage over the state average signals that property owners in Crane and Odessa keep somewhat more of their income compared with Texans in higher-tax counties, though the gap with the national figure shows that Texas's overall property tax structure remains steeper than much of the country.