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Ft Worth Times

Wednesday, November 6, 2024

Tarrant County effective property tax rate in Q2 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 second quarter of 2022, which is more than 2.2 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 second quarter of 2022 was $160,567, based on data from the 10,183 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 2.2 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 North Richland Hills and Forest Hill paid the highest rates.

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

CityQ2 2022 SalesQ2 2022 Median PriceMedian tax 2022Effective tax rate
North Richland Hills447$158,147$5,5733.5%
Forest Hill71$71,753$2,5383.5%
White Settlement90$82,397$2,8203.4%
Mansfield301$210,864$7,1743.4%
Crowley89$153,186$4,8973.2%
Watauga163$129,349$4,1673.2%
Westworth Village14$101,021$3,1853.2%
Saginaw127$145,926$4,4653.1%
Azle85$138,644$4,3353.1%
River Oaks46$72,661$2,2633.1%
Arlington1,865$152,944$4,4622.9%
Benbrook166$164,426$4,7382.9%
Sansom Park27$64,180$1,8322.9%
Fort Worth4,328$154,585$4,3932.8%
Blue Mound15$94,100$2,6102.8%
Keller294$353,023$9,4442.7%
Bedford269$189,221$5,0592.7%
Hurst213$160,083$4,3652.7%
Southlake166$620,577$16,2232.6%
Westover Hills7$1,358,113$35,0732.6%
Dalworthington Gardens13$441,166$10,9292.5%
Richland Hills70$113,317$2,8732.5%
Lakeside11$158,873$3,9462.5%
Kennedale34$250,698$6,0782.4%
Westlake9$1,570,811$37,3492.4%
Euless238$170,243$3,8032.2%
Grand Prairie203$215,000$4,7532.2%
Pantego15$196,626$4,2992.2%
Briar9$148,015$2,6961.8%
Pecan Acres21$422,000$5,3101.3%
Rendon41$200,948$2,1551.1%
Burleson52$155,591$1,1920.8%
Grapevine187$283,745$2,1330.8%
Colleyville165$475,865$3,5920.8%
Haslet16$414,542$2,7810.7%
Trophy Club3$414,909$2,1680.5%
Flower Mound1$395,473$21<0.1%

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