Adobe Stock
The median sales price of a Collin County home in the second quarter of 2022 was $316,461, based on data from the 4,721 properties sold during that time. In 2019 the median tax bill for the county was $6,188, which is 2% of the median value of the homes that were taxed.
This is 1.8 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Collin County real estate data showed homeowners in Garland paid the highest tax rate of 2.9%.
The following table compares Garland with some other cities belonging to Collin County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2022.
City | Q2 2022 Sales | Q2 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
Garland | 1 | $143,618 | $4,111 | 2.9% |
Princeton | 102 | $212,646 | $5,521 | 2.6% |
Wylie | 233 | $260,995 | $6,728 | 2.6% |
Nevada | 2 | $201,901 | $5,343 | 2.6% |
Anna | 118 | $214,913 | $5,469 | 2.5% |
Melissa | 24 | $266,180 | $6,567 | 2.5% |
Josephine | 16 | $192,395 | $4,819 | 2.5% |
Murphy | 79 | $355,000 | $8,413 | 2.4% |
Prosper | 138 | $496,032 | $11,701 | 2.4% |
Allen | 452 | $316,930 | $7,422 | 2.3% |
McKinney | 998 | $311,473 | $7,206 | 2.3% |
Celina | 55 | $347,278 | $7,854 | 2.3% |
Sachse | 47 | $363,342 | $8,250 | 2.3% |
Lucas | 28 | $540,798 | $12,535 | 2.3% |
Lavon | 34 | $250,573 | $5,678 | 2.3% |
Frisco | 474 | $364,072 | $8,163 | 2.2% |
Farmersville | 1 | $186,379 | $4,072 | 2.2% |
Plano | 1,168 | $306,117 | $6,355 | 2.1% |
Richardson | 117 | $396,743 | $7,806 | 2% |
Parker | 25 | $640,000 | $12,334 | 1.9% |
New Hope | 2 | $196,273 | $3,749 | 1.9% |
Dallas | 171 | $372,101 | $6,287 | 1.7% |
Fairview | 57 | $450,465 | $7,814 | 1.7% |
Blue Ridge | 3 | $108,899 | $1,865 | 1.7% |
Lowry Crossing | 7 | $314,458 | $5,057 | 1.6% |
St. Paul | 4 | $429,227 | $6,733 | 1.6% |
Westminster | 2 | $339,249 | $2,649 | 0.8% |
Royse City | 17 | $244,102 | $658 | 0.3% |