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Ft Worth Times

Wednesday, November 6, 2024

Tarrant County effective property tax rate in Q1 2022 was higher than the national average

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Property owners in Tarrant County paid 2.5% of the value of their homes in property taxes in the first quarter of 2022, which is more than 2.3 times the national average, according to the real estate analysis posted by the Ft Worth Times.

The median sales price of a Tarrant County home in the first quarter of 2022 was $158,972, based on data from the 8,626 properties sold during that time. In 2018 the median tax bill for the county was $3,998, which is 2.5% of the median value of the homes that were taxed.

This is 2.3 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Tarrant County real estate data showed homeowners in Forest Hill, Azle, and Dalworthington Gardens paid the highest rates.

The following table compares Forest Hill with some other cities belonging to Tarrant County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2022.

CityQ1 2022 SalesQ1 2022 Median PriceMedian tax 2022Effective tax rate
Forest Hill49$63,720$2,5384%
Azle59$110,163$4,3353.9%
Dalworthington Gardens8$283,201$10,9293.9%
Blue Mound17$70,000$2,6103.7%
North Richland Hills363$156,573$5,5733.6%
White Settlement61$86,152$2,8203.3%
Mansfield262$219,615$7,1743.3%
Crowley92$149,087$4,8973.3%
Watauga173$126,566$4,1673.3%
River Oaks31$68,002$2,2633.3%
Saginaw131$139,997$4,4653.2%
Westworth Village14$102,058$3,1853.1%
Sansom Park18$59,644$1,8323.1%
Arlington1,602$150,335$4,4623%
Fort Worth3,744$153,371$4,3932.9%
Benbrook150$164,802$4,7382.9%
Kennedale22$213,247$6,0782.9%
Bedford237$183,287$5,0592.8%
Southlake123$610,348$16,2232.7%
Richland Hills58$107,085$2,8732.7%
Keller225$363,072$9,4442.6%
Hurst185$165,649$4,3652.6%
Euless193$165,891$3,8032.3%
Grand Prairie183$222,572$4,7532.1%
Pantego9$206,235$4,2992.1%
Westlake5$1,831,550$37,3492%
Westover Hills3$1,972,297$35,0731.8%
Pecan Acres25$347,445$5,3101.5%
Lakeside8$266,351$3,9461.5%
Briar4$189,716$2,6961.4%
Rendon28$208,990$2,1551%
Haslet4$268,997$2,7811%
Grapevine142$269,789$2,1330.8%
Colleyville133$424,968$3,5920.8%
Burleson53$196,262$1,1920.6%
Flower Mound1$429,898$21<0.1%

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