Property Tax & Income in Wood County, Texas
Wood County has an effective property tax rate of 0.88%. On the median home value of $216,500, that's roughly $1,900 per year. Median household income is $60,300.
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 | Wood County | Texas (state context) |
|---|---|---|
| Effective property tax rate1 | 0.88% | 1.18% |
| Median home value1 | $216,500 | — |
| 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 Wood County, TX
Wood County, Texas, carries an effective property tax rate of 0.878%, which sits below the statewide median of 1.183% but above the national median of 0.794%. Among Texas's 250 counties, it ranks 228th by rate, placing it near the bottom of the state for property tax intensity. A home valued at the median $216,500 in this county, whose seat is Quitman, generates an annual real-estate tax bill of roughly $1,900. Households here earn a median of $60,300, with per-capita income at $35,775. The gap between Wood County's rate and Texas's overall figure signals that homeowners here face a lighter property tax load than much of the state, though the county still edges past the national midpoint. That combination — well under state norms, slightly over the country's — positions Wood County as a comparatively affordable spot for property taxes within Texas.