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Tuesday, November 5, 2024

Effective property tax rate in Williamson County outpaced the national average in Q2 2023

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Property owners in Williamson County paid 2.9% of the value of their homes in property taxes in the second quarter of 2023, which is more than 2.6 times the national average, according to the real estate analysis posted by Austin News.

The median sales price of a Williamson County home in the second quarter of 2023 was $258,911, based on data from the 800 properties sold during that time. In 2023, the median tax bill for the county was $7,574, which is 2.9% of the median value of the homes that were taxed.

This is 2.6 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Williamson County real estate data showed homeowners in Jarrell, Leander, and Hutto paid the highest rates.

The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2019 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Jarrell with some other cities belonging to Williamson County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2023.

CityQ2 2023 SalesQ2 2023 Median PriceMedian tax 2023Effective tax rate
Jarrell27$174,020$6,0603.5%
Leander107$234,681$7,4813.2%
Hutto82$218,980$7,0623.2%
Liberty Hill11$262,784$7,9813%
Round Rock213$248,631$7,2002.9%
Cedar Park119$284,647$8,3022.9%
Georgetown113$277,038$7,5392.7%
Taylor16$183,046$4,9462.7%
Brushy Creek45$341,029$8,9982.6%
Austin63$349,074$8,8392.5%
Serenada3$323,231$8,0082.5%

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