StateRates

Fannin County, Texas property tax

The median homeowner in Fannin County, Texas pays $2,356 a year in property tax on a home worth $213,500, an effective rate of 1.10%. The national effective rate is 0.98%.

Effective rate 1.10% #143 of 202 in Texas
Median tax bill $2,356 per year
Median home value $213,500 owner-occupied
Median income $68,377 household

What the rate means here

Fannin County taxes property at 1.10%, within a rounding error of the national 0.98%. The median bill of $2,356 therefore tracks the median home value of $213,500 fairly directly, which is not true everywhere.

It ranks #143 of 202 Texas counties by effective rate, against a statewide 1.58%, and #852 nationally. The state runs from 2.09% in El Paso County down to 0.60% in Ward County.

The median home costs 3.12 times the median household income of $68,377, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. With 36,525 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,750 per year at 1.10%
$400,000 home $4,400 per year at 1.10%
$600,000 home $6,600 per year at 1.10%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Fannin County, Texas against Texas and the country
Fannin County Texas United States
Effective property tax 1.10% 1.58% 0.98%
Median tax bill $2,356 $4,111 $2,969
Median home value $213,500 $260,400 $303,400
Median gross rent $994 $1,339 $1,348
Median household income $68,377 $76,292 $78,538
Home price to income 3.12× 3.41× 3.86×
Rent as share of income 17.44% 21.06% 20.6%
Owner-occupied 75.49% 62.56% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 36,525.

Nearby counties of similar size

Other Texas counties
County Rate Median bill Home value
Hill County 1.23% $2,012 $163,100
Matagorda County 1.25% $2,035 $162,200
Washington County 1.15% $3,105 $270,100
Hopkins County 1.07% $2,072 $193,200
Brown County 1.15% $1,727 $149,900

Fannin County property tax: common questions

What is the property tax rate in Fannin County, Texas?

The effective rate is 1.10% of home value, from a median tax bill of $2,356 against a median home value of $213,500. That is 0.12 points above the national 0.98%.

How much is property tax on a $400,000 home in Fannin County?

Roughly $4,400 a year at the county effective rate of 1.10%.

Is Fannin County expensive compared with the rest of Texas?

It ranks #143 of 202 Texas counties by effective property tax rate, and #852 of 2,826 nationally. That is 0.48 points below the Texas average of 1.58%.

What does housing cost in Fannin County?

The median home is worth $213,500 and median gross rent is $994 a month. Median household income is $68,377, which puts the home at 3.12 times annual income and rent at 17.44% of it.