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North Austin News

Saturday, November 23, 2024

Analysis: Williamson County effective property tax rates outpaced the national average in Q1

Realestate077

Property owners in Williamson County paid 3% of the value of their homes in property taxes in the first quarter of 2024, which is more than 2.7 times the national average, according to the real estate analysis posted by North Austin News.

The median sales price of a Williamson County home in the first quarter of 2024 was $259,911, based on data from the 601 properties sold during that time. In 2024, the median tax bill for the county was $7,828, which is 3% of the median value of the homes that were taxed.

This is 2.7 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Williamson County real estate data showed homeowners in Jarrell, Hutto, and Leander paid the highest rates.

The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2019 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Jarrell with some other cities belonging to Williamson County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2024.

CityQ1 2024 SalesQ1 2024 Median PriceMedian tax 2024Effective tax rate
Jarrell4$179,854$6,2643.5%
Hutto70$215,513$7,2993.4%
Leander73$239,793$7,7333.2%
Cedar Park112$276,709$8,5813.1%
Liberty Hill15$262,034$8,2493.1%
Round Rock127$244,120$7,4423%
Brushy Creek26$318,573$9,3002.9%
Georgetown91$274,391$7,7922.8%
Taylor12$183,411$5,1122.8%
Austin62$341,773$9,1372.7%
Serenada7$365,030$8,2772.3%

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