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County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Palo Pinto County, Texas

Palo Pinto County has an effective property tax rate of 1.11%. On the median home value of $198,000, that's roughly $2,204 per year. Median household income is $67,674.

Effective Property Tax Rate1
1.11%
median tax $2,204 ÷ median home $198,000
Median Home Value1
$198,000
owner-occupied
Median Household Income1
$67,674
per-capita $32,739
Est. Annual Tax on Median Home1
$2,204
at 1.11% effective rate

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.

MetricPalo Pinto CountyTexas (state context)
Effective property tax rate11.11%1.18%
Median home value1$198,000—
State income tax3No state income taxNo state income tax
State sales tax38.20% combined8.20% 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 Palo Pinto County, TX

Palo Pinto County's effective property tax rate of 1.113% sits just under Texas's statewide median of 1.183%, placing it 150th among the state's 250 counties. That ranking puts the county in the middle of the pack for Texas, though the Lone Star State's rates run well above the national median of 0.794%. A home valued at $198,000 here carries an estimated annual tax bill of $2,204, set against a median household income of $67,674 and per-capita income of $32,739. Mineral Wells, the largest of the county's principal communities, anchors a rural stretch of North Texas where property taxes land somewhat lighter than the state norm but still noticeably heavier than what most American homeowners pay. The gap with the national figure reflects Texas's reliance on property taxes in place of a state income tax, a trade-off that shapes costs across Palo Pinto County regardless of its standing within the state.

Frequently asked questions

What is the property tax rate in Palo Pinto County, TX?
The effective rate is 1.11% — meaning the median tax bill equals about 1.11% of the median home value.
How much are property taxes on a median home?
On the median home ($198,000), the estimated annual bill is about $2,204.
Is Palo Pinto County's rate high or low?
Compare it to the state median of 1.18% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Palo Pinto County assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Palo Pinto County assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.