Property Tax & Income in Wise County, Texas
Wise County has an effective property tax rate of 1.14%. On the median home value of $304,900, that's roughly $3,466 per year. Median household income is $93,421.
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 | Wise County | Texas (state context) |
|---|---|---|
| Effective property tax rate1 | 1.14% | 1.18% |
| Median home value1 | $304,900 | — |
| 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 Wise County, TX
In Wise County, Texas, buying a home comes with a property tax rate of 1.137%, which sits below the statewide median of 1.183% and ranks 144th out of 250 Texas counties. A median-priced home here costs $304,900, and the resulting annual real-estate tax bill lands around $3,466. That figure is meaningful against a median household income of $93,421, though the county's per-capita income of $38,827 shows a wider spread in earnings across the area. Compared with the national median effective rate of 0.794%, Wise County taxes run higher, so buyers weighing a move to Paradise or Slidell should factor that gap into their budget alongside the home price itself.