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Ft Worth Times

Friday, November 22, 2024

Effective property tax rate in Tarrant County outpaced the national average in Q4 2022

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Property owners in Tarrant County paid 2.5% of the value of their homes in property taxes in the fourth 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 fourth quarter of 2022 was $158,827, based on data from the 7,015 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 Dalworthington Gardens and White Settlement paid the highest rates.

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

CityQ4 2022 SalesQ4 2022 Median PriceMedian tax 2022Effective tax rate
Dalworthington Gardens14$109,781$10,92910%
White Settlement54$66,429$2,8204.2%
Forest Hill37$70,302$2,5383.6%
Azle43$119,541$4,3353.6%
Westover Hills1$968,000$35,0733.6%
Crowley72$140,634$4,8973.5%
Mansfield219$213,762$7,1743.4%
Westworth Village9$92,950$3,1853.4%
Saginaw93$135,237$4,4653.3%
North Richland Hills291$172,016$5,5733.2%
Watauga122$128,744$4,1673.2%
Benbrook112$152,628$4,7383.1%
Arlington1,374$148,453$4,4623%
River Oaks38$75,020$2,2633%
Fort Worth2,934$152,528$4,3932.9%
Kennedale23$210,113$6,0782.9%
Sansom Park21$65,824$1,8322.8%
Hurst137$159,720$4,3652.7%
Pantego11$160,662$4,2992.7%
Keller200$359,064$9,4442.6%
Bedford166$191,684$5,0592.6%
Southlake103$635,710$16,2232.6%
Blue Mound19$100,000$2,6102.6%
Richland Hills35$112,154$2,8732.6%
Euless150$161,464$3,8032.4%
Westlake7$1,570,811$37,3492.4%
Grand Prairie185$208,241$4,7532.3%
Lakeside5$197,714$3,9462%
Briar5$143,749$2,6961.9%
Rendon34$167,127$2,1551.3%
Pecan Acres12$442,087$5,3101.2%
Haslet6$309,815$2,7810.9%
Grapevine132$282,763$2,1330.8%
Colleyville109$431,119$3,5920.8%
Burleson28$173,146$1,1920.7%
Trophy Club2$469,601$2,1680.5%

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