Property Tax & Income in Fannin County, Texas
Fannin County has an effective property tax rate of 1.08%. On the median home value of $233,700, that's roughly $2,529 per year. Median household income is $72,295.
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 | Fannin County | Texas (state context) |
|---|---|---|
| Effective property tax rate1 | 1.08% | 1.18% |
| Median home value1 | $233,700 | — |
| 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 Fannin County, TX
Fannin County’s effective property tax rate of 1.082% sits below Texas’s statewide median of 1.183%, placing it 164th among the state’s 250 counties. That ranking signals a middle-of-the-pack position within Texas, where property taxes tend to run high nationally. Against the U.S. median of 0.794%, however, Fannin County’s rate is noticeably steeper. A median home value of $233,700 generates an annual tax bill of about $2,529, set against a median household income of $72,295 and per-capita income of $35,018. Bonham, the largest of the county’s principal towns, anchors a largely rural area north of Dallas. The takeaway: homeowners here pay less than many fellow Texans but more than the average American, a pattern shaped by Texas’s reliance on property taxes in place of a state income tax.