Collin County, Texas Property Taxes
Census Bureau ACS property tax data for Texas. Population: 256,431.
The median annual property tax in Collin County is $7,432, which is 239% higher than the Texas state average and 286% above the national average. The effective tax rate is 1.66% on a median home value of $447,600. Property taxes represent 6.3% of the median household income in this county.
Median Annual Tax
$7,432
+239% vs State
+286% vs US
Median Home Value
$447,600
+160% vs State
+112% vs US
Effective Tax Rate
1.66%
+30% vs State
+75% vs US
With vs Without Mortgage
With Mortgage
$7,903
$659/mo
Without Mortgage
$6,514
$543/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $7,432 +3.2% | 1.66% |
| 2022 | $7,202 +8.2% | 1.75% |
| 2021 | $6,658 +4.4% | 1.87% |
| 2020 | $6,377 +5.5% | 1.89% |
| 2019 | $6,047 | 1.92% |
Tax Burden
Tax-to-Income Ratio
6.3%
of median household income
Median Income
$117,588
per year
Monthly Tax
$619
per month
Other Counties in Texas
Wilson County
Tax: $3,726/yr Rate: 1.30%
Floyd County
Tax: $1,090/yr Rate: 1.08%
Upton County
Tax: $1,197/yr Rate: 1.13%
Oldham County
Tax: $1,878/yr Rate: 1.30%
Trinity County
Tax: $1,219/yr Rate: 1.11%
Bosque County
Tax: $1,859/yr Rate: 1.01%
Frequently Asked Questions
What is the average property tax in Collin County, Texas? ▼
The median annual property tax in Collin County is $7,432 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.66% on a median home value of $447,600.
How does Collin County property tax compare to the national average? ▼
Property taxes in Collin County are 286% above the national average of $1,923. The effective rate of 1.66% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Collin County? ▼
In Collin County, homeowners with a mortgage pay a median of $7,903 in annual property taxes, while homeowners without a mortgage pay $6,514. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Collin County? ▼
Property taxes in Collin County represent approximately 6.3% of the median household income of $117,588. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.