Midland, Midland County, Texas Property Taxes
Median Midland, TX effective property tax rate: 1.15%, significantly higher than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Midland, TX home value: $237,990
Median annual Midland, TX tax bill: $2,483, $83 higher than the national median property tax bill of $2,400.
How are property taxes in Midland calculated?
Property taxes in Midland, TX 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 Midland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Midland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Midland, 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
$2,737
$2,540
Property Tax Rates Across Midland, Midland County, Texas
Local government entities determine tax rates, which can fluctuate significantly within a state. Each county estimates its required budget to provide essential 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.
In Midland, Texas, the effective property tax rate is influenced by these local calculations. The city’s median property tax rate stands at 1.15%, which is slightly above the national median of 1.02%. Within Midland, the highest median tax rate is found in the 79707 zip code at 1.19%, whereas the lowest is in the 79703 zip code at 1.01%. These variations highlight how different areas within the same county can have different tax burdens.
Comparing Midland's rates to other cities in Texas and the broader U.S., homeowners can see how their property taxes stack up and consider potential savings through property tax appeals or exemptions.
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 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 Midland County Tax Rate
1.15%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Midland, Midland County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79701 | 0.45% | 0.62% | 1.12% | 1.50% | 1.50% |
| 79703 | 0.51% | 0.77% | 1.01% | 1.50% | 1.50% |
| 79705 | 0.56% | 1.01% | 1.17% | 1.50% | 1.50% |
| 79706 | 0.29% | 0.79% | 1.15% | 1.24% | 1.50% |
| 79707 | 0.70% | 1.03% | 1.19% | 1.50% | 1.50% |
| 79712 | 0.11% | 0.58% | 1.15% | 1.15% | 2.52% |
Source: Ownwell
Property Tax Assessment Values Across Midland, Midland County, Texas
When examining property taxes in Midland, TX, 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 Central 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.
For example, the median home price in Midland is $237,990, with tax bills ranging significantly across the county. Zip code 79707 has the highest median home price at $340,230.
Property Tax Assessment Values Across Midland, Midland County, Texas
Source: Ownwell
$18,180
$186,590
$355,000
Median Midland Market Value
$237,990
Median Midland County Market Value
$239,530
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Midland, Midland County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79701 | $46,709 | $85,000 | $149,115 | $231,380 | $330,663 |
| 79703 | $118,800 | $153,320 | $188,890 | $227,540 | $268,360 |
| 79705 | $72,363 | $194,605 | $292,610 | $369,542 | $491,602 |
| 79706 | $12,300 | $40,940 | $141,780 | $328,620 | $472,944 |
| 79707 | $156,590 | $242,868 | $340,230 | $499,122 | $655,735 |
| 79712 | $5,810 | $11,195 | $18,180 | $32,220 | $47,852 |
Source: Ownwell
Property Tax Bills Across Midland, Midland County, Texas
Median Midland Tax Bill
$2,483
Median Midland County Tax Bill
$2,479
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Midland, Midland County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 79701 | $316 | $644 | $1,451 | $2,604 | $3,978 |
| 79703 | $802 | $1,267 | $1,996 | $2,738 | $3,426 |
| 79705 | $550 | $1,730 | $3,309 | $4,595 | $6,091 |
| 79706 | $100 | $340 | $1,126 | $3,587 | $4,934 |
| 79707 | $1,386 | $2,461 | $3,908 | $6,067 | $8,256 |
| 79712 | $25 | $69 | $164 | $355 | $555 |
Source: Ownwell
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 |