Property Tax & Income in Midland County, Texas
Midland County has an effective property tax rate of 1.23%. On the median home value of $312,700, that's roughly $3,832 per year. Median household income is $92,874.
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 | Midland County | Texas (state context) |
|---|---|---|
| Effective property tax rate1 | 1.23% | 1.18% |
| Median home value1 | $312,700 | — |
| 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 Midland County, TX
Buying a home in Midland County means weighing a median value of $312,700 against an effective property tax rate of 1.225%, which works out to an annual bill of about $3,832. That rate sits above Texas's statewide median of 1.183% and places the county at 115th of 250 counties for property taxes. Nationally, the gap is wider still: the U.S. median effective rate is 0.794%. Set against a median household income of $92,874 and per-capita income of $49,746, the tax load looks different than the sticker rate alone implies, since earnings here run high enough to absorb a larger share. Midland anchors the county as its largest city, with Midkiff also included. For a buyer, the trade-off is clear — higher taxes than most Texas counties, but strong local incomes that shape what those bills actually mean.