HoustonPropertyTaxStatistics
HoustonPropertyTax
Houston Property TaxesareexplodingataratemuchfasterthanCPI+population growth.Between2003and2023,Houstonpropertytaxesgrewby 147%whileCPI+populationgrewbyonly80%.Stateddifferently,therateofpropertytaxgrowthwas84%fasterthantherateofpopulation+CPI.
Houston property taxes per capita are higher than peer Texas cities. Houston's per capita property taxes grew from $328/person to $730/person between 2002 and 2023, a123% increase. FortWorth exhibited arate ofper capita property tax growth at 119% between 2003 and 2023. Per capita propertytaxesduring2003to2023grewby212%inAustin,196%inDallas,and165%inSanAntonio.
Texas property tax rates finally started falling due to SB 2 passing in 2019. Houston property tax rates decreased from 66% in 2003 to 52% in 2023. TaxratesdecreasedinAustinfrom50%to45%.Taxratesdecreasedbyabout22%inFortWorthduringthesameperiod.SanAntonioalsodecreased from58%to54%butDallasincreasedfrom70%to74%.
Taxratecompressionshouldoccurinmostcitiesevenifassessedvaluescontinuetheirupwardclimb.
What can you do? Protest your property taxes each and every year About 60% to 80% of tax appeals are successful. Galveston Central Appraisal Districtpropertyownerswhoappealedtheirpropertytaxesin2020savedabout$392billioncollectively
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