Property Tax & Income in Tarrant County, Texas
Tarrant County has an effective property tax rate of 1.65%. On the median home value of $323,900, that's roughly $5,334 per year. Median household income is $84,207.
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 | Tarrant County | Texas (state context) |
|---|---|---|
| Effective property tax rate1 | 1.65% | 1.18% |
| Median home value1 | $323,900 | — |
| 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 Tarrant County, TX
Tarrant County’s effective property tax rate of 1.647% sits well above both benchmarks that matter here. Texas counties average 1.183%, and the nation as a whole averages just 0.794%, so homeowners in and around Fort Worth pay a noticeably steeper share of their property’s value each year than most Americans. That gap shows up in dollars: the median home value of $323,900 carries an annual tax bill near $5,334. Against a median household income of $84,207, property taxes claim a meaningful slice of earnings, though per-capita income of $42,755 suggests a broad economic base across the county. Ranking 20th of 250 Texas counties places Tarrant near the top of the state for tax burden, a signal that local rates here run high even by Texas standards.