Wood County Property Taxes

Wood County, Texas

Effective Tax Rate

0.00%

17.5% below state avg

Median Annual Tax

$0

$152/mo escrow

#23 of 250 counties in Texas

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.93%

vs. Texas Avg17.5% below
vs. National Avg32.4% below

At a Glance

Median Home Value

$195,100

State avg $171,960

Tax w/ Mortgage/yr

$2,266

$189/mo escrow

Tax w/o Mortgage/yr

$1,531

$128/mo

State Tax Rate Rank

#23

of 250 counties (1 = lowest)

Data Story

About Property Taxes in Wood County, Texas

Wood offers one of Texas's lowest rates

Wood County's effective tax rate of 0.932% is 27% below the national median of 1.27%, making it among the most tax-friendly jurisdictions in the entire country. The median annual tax of $1,818 is 32% below the national median of $2,690, providing substantial savings even on modest properties.

Significantly below Texas state average

Wood County's 0.932% effective rate is 27% lower than Texas's state average of 1.276%, placing the county in the bottom 10% of tax burden statewide. The median annual tax of $1,818 is 17% below the state average of $2,193.

Shares lowest-rate honor in the region

Wood County's 0.932% rate is the lowest among all eight counties, tied with Winkler County for the most generous tax environment. Only Wise County (1.188%) comes close, and Wood substantially undercuts all other peers in the comparison.

Median home costs $1,818 yearly

On a median-value home of $195,100, Wood County homeowners pay approximately $1,818 in annual property taxes. With a mortgage, the total reaches $2,266, the second-lowest effective tax burden among the eight-county region.

Vigilance pays off in low-tax counties

Wood County's exceptionally low rate means property owners should be especially alert to overassessment—every percentage point of overvaluation is pure waste. Request a free appraisal review if your home was last assessed more than a year ago or if your assessed value seems out of line with recent sales.

How Wood County Compares

Median Annual Property Tax

Wood County$1,818
Texas State Average$2,203
National Average$1,924

Wood County

0.93%

Effective rate

Texas Avg

1.28%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Wood County, Texas?
The effective property tax rate in Wood County, Texas is 0.93%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Wood County?
The median annual property tax payment in Wood County is $1,818. Homeowners with a mortgage pay a median of $2,266, while those without a mortgage pay $1,531.
How does Wood County compare to the Texas average?
Wood County's effective tax rate of 0.93% is lower than the Texas state average of 1.28%. The median annual property tax in Wood County is $1,818, compared to the state average of $2,203.
What is the median home value in Wood County, Texas?
The median home value in Wood County, Texas is $195,100, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Wood County a low property tax area in Texas?
Yes — Wood County's effective property tax rate of 0.93% is below the Texas average of 1.28%. The median annual property tax of $1,818 is also lower the state average of $2,203, making it a relatively affordable area for property taxes.
How does Wood County rank for property taxes in Texas?
Wood County ranks #23 out of 250 counties in Texas by effective property tax rate (1 = lowest). With a rate of 0.93% and median annual tax of $1,818, it falls in the lower third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Texas

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.