Sherman County, Texas Property Taxes
Census Bureau ACS property tax data for Texas. Population: 627.
The median annual property tax in Sherman County is $2,450, which is 12% higher than the Texas state average and 27% above the national average. The effective tax rate is 1.95% on a median home value of $125,500. Property taxes represent 3.3% of the median household income in this county.
Median Annual Tax
$2,450
+12% vs State
+27% vs US
Median Home Value
$125,500
-27% vs State
-41% vs US
Effective Tax Rate
1.95%
+52% vs State
+105% vs US
With vs Without Mortgage
With Mortgage
$2,942
$245/mo
Without Mortgage
$2,158
$180/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 | $2,450 +14.9% | 1.95% |
| 2022 | $2,133 +13.5% | 1.97% |
| 2021 | $1,879 +10.0% | 1.97% |
| 2020 | $1,708 +19.9% | 1.82% |
| 2019 | $1,424 | 1.43% |
Tax Burden
Tax-to-Income Ratio
3.3%
of median household income
Median Income
$74,167
per year
Monthly Tax
$204
per month
Other Counties in Texas
Archer County
Tax: $2,317/yr Rate: 1.32%
Bell County
Tax: $3,409/yr Rate: 1.54%
Lavaca County
Tax: $2,113/yr Rate: 0.96%
Harris County
Tax: $4,382/yr Rate: 1.72%
Burleson County
Tax: $1,816/yr Rate: 1.04%
Gaines County
Tax: $2,721/yr Rate: 1.47%
Frequently Asked Questions
What is the average property tax in Sherman County, Texas? ▼
The median annual property tax in Sherman County is $2,450 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.95% on a median home value of $125,500.
How does Sherman County property tax compare to the national average? ▼
Property taxes in Sherman County are 27% above the national average of $1,923. The effective rate of 1.95% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Sherman County? ▼
In Sherman County, homeowners with a mortgage pay a median of $2,942 in annual property taxes, while homeowners without a mortgage pay $2,158. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Sherman County? ▼
Property taxes in Sherman County represent approximately 3.3% of the median household income of $74,167. 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.