The property tax toll for Texans is one of the worst in America [Culturemap Dallas]
by Lindsey Wilson
Each year, the average American household spends $2,375 on real estate property taxes. Guess what, Texas: we’re definitely not average.
Cash-strapped Texans might not be surprised to learn that we have some of the highest property taxes in the country, according to a new report from personal finance site WalletHub.
The 2020 Property Taxes by State report shows that Texas ranks No. 45 out of 51 (the District of Columbia was also included). Our effective real estate tax rate is 1.81 percent, meaning the annual taxes on a home worth $205,000 are $3,703….