MissouriCityPropertyTax
Missouri City Property Taxes are spiking much faster than CPI + population growth. Between 2003 and 2023, Missouri City property taxes grew by 305%whileCPI+populationgrewatonly103%.Stateddifferently,therateofpropertytaxgrowthwas196%fasterthantherateofpopulation+CPI. MissouriCitypercapitapropertytaxesgrewfrom$246/personto$813/personbetween2003and2023,an156%increase.Whencomparingtopeer cities,SanMarcosexhibitedthehighestrateofpercapitapropertytaxgrowthat281%between2003and2023.Percapitapropertytaxesduring2003 to2023grewby111%inMansfield,214%inGeorgetown,and103%inNorthRichlandHills.
Missouri City property tax rates increased from 51% in 2003 to 57% in 2023, which is about a 12% increase. Tax rates decreased by about 7% in Mansfield during the same period. Georgetown increased from 32% to 37%, San Marcos increased from 47% to 60% and North Richland Hills decreasedat57%to49%.
Is there any hope for Missouri City property owners? The simple answer is property owners who protest receive substantial property tax relief while ownerswhodonotappealpaythefullloadbasedontheinitialestimateofvaluebyFortBendCentralAppraisalDistrict.
