Midland County, Texas Property Taxes
Median Midland County effective property tax rate: 1.15%, slightly higher than the national median of 1.02%.
Median Midland County home value: $239,530
Median annual Midland County tax bill: $2,479, $79 higher than the national median property tax bill of $2,400.
How are property taxes in Midland County calculated?
Property taxes in Midland County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Midland or another part of Midland County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Midland County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$2,755
$2,556
Ownwell’s Midland County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Midland County with just two data points.
By entering your property's estimated assessed value, our calculator applies Midland County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Midland County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Midland County, Texas
Local government entities set tax rates, which can vary widely within a state. Each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Midland County's effective property tax rate to other counties in Texas or the U.S. median property tax rate. Midland County has a median property tax rate of 1.15%, which is slightly above the national median of 1.02%. Within Texas, Stanton has the highest median tax rate at 1.24%, while Odessa enjoys a lower rate of 0.90%. These variations highlight the importance of understanding local tax dynamics, as they can significantly impact property owners. By staying informed about your county's tax rate and how it compares to others, you can better navigate the complexities of property taxes and potentially identify opportunities for savings.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Midland County Tax Rate
1.15%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Assessment Values Across Midland County, Texas
When examining property taxes in Midland County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Midland County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Midland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Midland County.
For example, the median tax bill in Midland County is $2,672, with tax bills ranging significantly across the county. Odessa has the highest median home price at $332,000.
Median Midland County Market Value
$239,530
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Bills Across Midland County, Texas
Median Midland County Tax Bill
$2,479
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Midland Appraisal District | |
| Website | iswdataclient.azurewebsites.net |