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    Property Tax · Census ACS · ACS 5-Year 2020–2024

    Property Tax Calculator by State

    A state-average estimate using median-based effective rates from the U.S. Census Bureau ACS 5-Year survey. Your actual bill is set by your county, city, and school district — check your county assessor for the exact number.

    IRS-Sourced
    Updated Reviewed for 2026IRS-sourced

    This uses your STATE'S AVERAGE effective rate (Census ACS).

    Your actual bill is set by your county, city, and school district and can differ substantially — check your county assessor. Exemptions, caps, and freezes vary.

    How much is property tax in this state on a home this size?

    In Texas, a home worth $400,000 at the state's median-based effective rate of 1.49% has an estimated annual property tax of $5,960 (roughly $497/month). Texas ranks #8 of 51 by effective rate. The state median annual property tax is $4,232 on a median home value of $283,800.

    • Annual tax = home value × state effective rate
    • Effective rate = median taxes paid ÷ median home value (Census B25103 ÷ B25077)
    • Actual bill is set by county / city / school district
    • If you itemize, property tax counts toward the SALT cap

    Source:Census ACS ACS 5-Year 2020–2024

    $

    Texas Proposition 13 (approved Nov 2025) raised the school-district homestead exemption from $100,000 to $140,000, applying retroactively to tax years beginning Jan 1, 2025. It reduces only the school-district levy (Tax Code §11.13(b)); cities, counties and other units may grant their own optional exemption of up to 20%. Homeowners 65+/disabled receive an additional school-tax exemption on top (also increased in 2025). Separately, homesteads have a 10% annual cap on appraised-value increases.

    The state-average rate already reflects the homestead exemptions typical owners get, so the estimate is not reduced again. Enter your school district's rate to see what the exemption saves on the school levy.

    Estimate

    StateTexas
    Effective rate1.49%
    Rank (highest→lowest)#8 of 51

    Estimated annual property tax

    $5,960

    ≈ $497/month escrow

    State median annual tax$4,232
    State median home value$283,800
    If you itemize on Schedule A, property tax on your home counts toward the federal SALT deduction (subject to the SALT cap).

    Related tools & guides

    50-state property tax rankings →State-to-State Tax Comparison →Texas state tax calculator →SALT deduction guide →SALT deduction calculator →

    Sources & References

    Primary references used for this content

    Schedule A

    Itemized Deductions

    SALT, mortgage interest, charitable, and medical deductions

    View on irs.gov

    IRC §164

    Taxes

    SALT deduction and its limitation

    View on law.cornell.edu

    ✓2 primary sources; links re-checked on a weekly rotation by the source watcher

    Disclaimer: This calculator provides estimates for educational purposes only. Not tax, legal, or financial advice. Results may vary based on your specific circumstances. Consult a qualified CPA or tax professional for personalized guidance.