Travis County, Texas property tax
The median homeowner in Travis County, Texas pays $7,487 a year in property tax on a home worth $487,600, an effective rate of 1.54%. The national effective rate is 0.98%.
What the rate means here
At 1.54%, Travis County taxes property more heavily than the country as a whole, which sits at 0.98%. Unusually, the housing is not cheap either. A rate above the national average on a home worth $487,600 produces a bill of $7,487, and both halves of that are working against the owner.
It ranks #40 of 202 Texas counties by effective rate, against a statewide 1.58%, and #310 nationally. The state runs from 2.09% in El Paso County down to 0.60% in Ward County.
The median home costs 5.02 times the median household income of $97,169, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 20.61% of median income in gross rent. With 1,307,625 residents this is one of the larger counties in the country, so the medians here average across a genuinely varied housing market and hide a lot of local range.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Travis County | Texas | United States | |
|---|---|---|---|
| Effective property tax | 1.54% | 1.58% | 0.98% |
| Median tax bill | $7,487 | $4,111 | $2,969 |
| Median home value | $487,600 | $260,400 | $303,400 |
| Median gross rent | $1,669 | $1,339 | $1,348 |
| Median household income | $97,169 | $76,292 | $78,538 |
| Home price to income | 5.02× | 3.41× | 3.86× |
| Rent as share of income | 20.61% | 21.06% | 20.6% |
| Owner-occupied | 53.03% | 62.56% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 1,307,625.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Collin County | 1.66% | $7,432 | $447,600 |
| Denton County | 1.72% | $6,943 | $403,400 |
| Hidalgo County | 1.76% | $2,187 | $124,000 |
| El Paso County | 2.09% | $3,490 | $167,300 |
| Fort Bend County | 1.99% | $6,965 | $350,300 |
Travis County property tax: common questions
What is the property tax rate in Travis County, Texas?
The effective rate is 1.54% of home value, from a median tax bill of $7,487 against a median home value of $487,600. That is 0.56 points above the national 0.98%.
How much is property tax on a $400,000 home in Travis County?
Roughly $6,160 a year at the county effective rate of 1.54%.
Is Travis County expensive compared with the rest of Texas?
It ranks #40 of 202 Texas counties by effective property tax rate, and #310 of 2,826 nationally. That is 0.04 points below the Texas average of 1.58%.
What does housing cost in Travis County?
The median home is worth $487,600 and median gross rent is $1,669 a month. Median household income is $97,169, which puts the home at 5.02 times annual income and rent at 20.61% of it.