Lipscomb County, Texas Property Taxes
Census Bureau ACS property tax data for Texas. Population: 883.
The median annual property tax in Lipscomb County is $1,750, which is 20% lower than the Texas state average and 9% below the national average. The effective tax rate is 1.36% on a median home value of $128,400. Property taxes represent 2.4% of the median household income in this county.
Median Annual Tax
$1,750
-20% vs State
-9% vs US
Median Home Value
$128,400
-25% vs State
-39% vs US
Effective Tax Rate
1.36%
+6% vs State
+43% vs US
With vs Without Mortgage
With Mortgage
$2,147
$179/mo
Without Mortgage
$1,494
$125/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 | $1,750 +8.9% | 1.36% |
| 2022 | $1,607 +4.8% | 1.34% |
| 2021 | $1,534 -0.7% | 1.39% |
| 2020 | $1,545 +20.8% | 1.45% |
| 2019 | $1,279 | 1.27% |
Tax Burden
Tax-to-Income Ratio
2.4%
of median household income
Median Income
$71,442
per year
Monthly Tax
$146
per month
Other Counties in Texas
Dawson County
Tax: $1,567/yr Rate: 1.73%
Ector County
Tax: $2,438/yr Rate: 1.28%
La Salle County
Tax: $1,577/yr Rate: 1.56%
Burnet County
Tax: $3,495/yr Rate: 1.13%
Jackson County
Tax: $1,847/yr Rate: 1.05%
Burleson County
Tax: $1,816/yr Rate: 1.04%
Frequently Asked Questions
What is the average property tax in Lipscomb County, Texas? ▼
The median annual property tax in Lipscomb County is $1,750 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.36% on a median home value of $128,400.
How does Lipscomb County property tax compare to the national average? ▼
Property taxes in Lipscomb County are 9% below the national average of $1,923. The effective rate of 1.36% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Lipscomb County? ▼
In Lipscomb County, homeowners with a mortgage pay a median of $2,147 in annual property taxes, while homeowners without a mortgage pay $1,494. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Lipscomb County? ▼
Property taxes in Lipscomb County represent approximately 2.4% of the median household income of $71,442. 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.