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Ft Worth Times

Wednesday, November 6, 2024

Effective property tax rate in Tarrant County outpaced the national average in Q3 2022

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Property owners in Tarrant County paid 2.5% of the value of their homes in property taxes in the third 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 third quarter of 2022 was $161,293, based on data from the 8,945 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 Briar, Kennedale, and Forest Hill paid the highest rates.

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

CityQ3 2022 SalesQ3 2022 Median PriceMedian tax 2022Effective tax rate
Briar8$35,089$2,6967.7%
Kennedale32$146,150$6,0784.2%
Forest Hill57$68,849$2,5383.7%
Crowley110$140,346$4,8973.5%
White Settlement87$83,006$2,8203.4%
Mansfield310$208,677$7,1743.4%
Saginaw115$130,000$4,4653.4%
Blue Mound10$76,540$2,6103.4%
North Richland Hills393$168,432$5,5733.3%
Watauga166$125,017$4,1673.3%
Azle54$130,714$4,3353.3%
River Oaks47$73,085$2,2633.1%
Westworth Village10$103,666$3,1853.1%
Benbrook150$159,153$4,7383%
Arlington1,664$151,797$4,4622.9%
Fort Worth3,641$152,496$4,3932.9%
Dalworthington Gardens13$383,166$10,9292.9%
Westlake10$1,384,344$37,3492.7%
Westover Hills4$1,279,100$35,0732.7%
Keller235$367,283$9,4442.6%
Bedford234$195,795$5,0592.6%
Southlake173$613,577$16,2232.6%
Sansom Park29$69,212$1,8322.6%
Hurst192$173,164$4,3652.5%
Richland Hills53$114,103$2,8732.5%
Pantego13$177,023$4,2992.4%
Euless209$168,816$3,8032.3%
Grand Prairie182$215,731$4,7532.2%
Lakeside17$188,969$3,9462.1%
Pecan Acres24$405,982$5,3101.3%
Rendon46$202,219$2,1551.1%
Grapevine194$279,110$2,1330.8%
Burleson68$168,419$1,1920.7%
Colleyville136$502,905$3,5920.7%
Haslet10$391,694$2,7810.7%
Trophy Club1$514,369$2,1680.4%

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