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Monday, November 25, 2024

Williamson County effective property tax rate in Q4 2023 was higher than the national average

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Property owners in Williamson County paid 2.9% of the value of their homes in property taxes in the fourth 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 fourth quarter of 2023 was $258,162, based on data from the 628 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, Hutto, and Liberty Hill 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 fourth quarter of 2023.

CityQ4 2023 SalesQ4 2023 Median PriceMedian tax 2023Effective tax rate
Jarrell8$172,000$6,0603.5%
Hutto86$208,946$7,0623.4%
Liberty Hill13$238,722$7,9813.3%
Leander81$233,420$7,4813.2%
Cedar Park108$290,595$8,3022.9%
Round Rock153$254,395$7,2002.8%
Georgetown83$276,729$7,5392.7%
Brushy Creek39$332,330$8,9982.7%
Austin50$334,521$8,8392.6%
Taylor5$197,948$4,9462.5%
Serenada2$317,012$8,0082.5%

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