Property Tax & Income in Knox County, Texas
Knox County has an effective property tax rate of 1.60%. On the median home value of $77,300, that's roughly $1,237 per year. Median household income is $56,667.
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 | Knox County | Texas (state context) |
|---|---|---|
| Effective property tax rate1 | 1.60% | 1.18% |
| Median home value1 | $77,300 | — |
| 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 Knox County, TX
Knox County's effective property tax rate of 1.600% sits well above both the Texas median of 1.183% and the national median of 0.794%. That gap signals a heavier reliance on property taxes here than in most of the country, and even than in much of the state. The county ranks 28th out of 250 Texas counties for tax rate, placing it in the higher tier statewide. A median home value of $77,300 produces a median annual tax bill of $1,237 — a figure shaped as much by low home values as by the rate itself. Households earning a median of $56,667 absorb that bill against per-capita income of $26,665. Goree and Benjamin anchor the county, with Benjamin serving as its seat.