Property Tax & Income in Lampasas County, Texas
Lampasas County has an effective property tax rate of 1.17%. On the median home value of $250,400, that's roughly $2,929 per year. Median household income is $81,736.
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 | Lampasas County | Texas (state context) |
|---|---|---|
| Effective property tax rate1 | 1.17% | 1.18% |
| Median home value1 | $250,400 | — |
| 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 Lampasas County, TX
In Lampasas County, Texas, the median home value sits at $250,400, which carries an annual real-estate tax bill of about $2,929 at the county's 1.170% effective rate. That rate edges out the statewide median of 1.183%, placing the county at 129th of 250 Texas counties — squarely in the middle of the pack. Against the national median of 0.794%, though, Texas property taxes run noticeably higher, so buyers moving in from elsewhere should plan accordingly. Households here earn a median of $81,736, with per-capita income at $38,395, giving a reasonable cushion against that tax bill. Lometa is among the communities in the county. For anyone weighing a purchase, the combination of a mid-range median home price and a tax rate slightly below the state average may make Lampasas County a workable option.