StateRates

Martin County, Texas property tax

The median homeowner in Martin County, Texas pays $1,434 a year in property tax on a home worth $162,200, an effective rate of 0.88%. The national effective rate is 0.98%.

Effective rate 0.88% #196 of 202 in Texas
Median tax bill $1,434 per year
Median home value $162,200 owner-occupied
Median income $77,083 household

What the rate means here

Martin County taxes property at 0.88%, within a rounding error of the national 0.98%. With the rate close to typical, the $1,434 bill is driven by what housing is worth here rather than by how hard it is taxed.

It ranks #196 of 202 Texas counties by effective rate, against a statewide 1.58%, and #1,296 nationally. The state runs from 2.09% in El Paso County down to 0.60% in Ward County.

The median home costs 2.1 times the median household income of $77,083, against 3.86 nationally, which is a comfortable ratio by American standards. 66.95% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 5,230 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

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

What that costs at different home values

$250,000 home $2,200 per year at 0.88%
$400,000 home $3,520 per year at 0.88%
$600,000 home $5,280 per year at 0.88%

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

Housing and income

Martin County, Texas against Texas and the country
Martin County Texas United States
Effective property tax 0.88% 1.58% 0.98%
Median tax bill $1,434 $4,111 $2,969
Median home value $162,200 $260,400 $303,400
Median gross rent $1,175 $1,339 $1,348
Median household income $77,083 $76,292 $78,538
Home price to income 2.1× 3.41× 3.86×
Rent as share of income 18.29% 21.06% 20.6%
Owner-occupied 66.95% 62.56% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 5,230.

Nearby counties of similar size

Other Texas counties
County Rate Median bill Home value
Hansford County 1.64% $2,165 $132,100
Floyd County 1.08% $1,090 $101,000
Hartley County 1.22% $2,604 $213,200
Delta County 0.97% $1,456 $149,400
Crosby County 1.78% $1,345 $75,500

Martin County property tax: common questions

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

The effective rate is 0.88% of home value, from a median tax bill of $1,434 against a median home value of $162,200. That is 0.1 points below the national 0.98%.

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

Roughly $3,520 a year at the county effective rate of 0.88%.

Is Martin County expensive compared with the rest of Texas?

It ranks #196 of 202 Texas counties by effective property tax rate, and #1296 of 2,826 nationally. That is 0.7 points below the Texas average of 1.58%.

What does housing cost in Martin County?

The median home is worth $162,200 and median gross rent is $1,175 a month. Median household income is $77,083, which puts the home at 2.1 times annual income and rent at 18.29% of it.