Texas vs Virginia Property Tax Comparison
Texas has a 0.78% higher effective property tax rate than Virginia. On a $350,000 home, you would pay $2,730/year more in Texas.
2024 DataTexas
Virginia
Detailed Comparison
| Metric | Texas | Virginia | Difference |
|---|---|---|---|
| Effective Tax Rate | 1.60% | 0.82% | +0.78% |
| Median Annual Tax | $3,907 | $2,665 | +$1,242 |
| Median Home Value | $244,200 | $325,000 | -$80,800 |
| Tax on $250K Home | $4,000 | $2,050 | $1,950 |
| Tax on $350K Home | $5,600 | $2,870 | $2,730 |
| Tax on $500K Home | $8,000 | $4,100 | $3,900 |
| vs National Average (1.06%) | +0.54% | -0.24% | - |
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Looking to reduce your housing costs? Compare mortgage refinancing rates to lower your monthly payment. Check homeowners insurance quotes for potential savings. Explore home equity loan offers for home improvements. Consider property tax appeal services if your assessment seems too high.
Why Texas Has Higher Property Taxes Than Virginia
Texas has an effective property tax rate of 1.60%, compared to 0.82% in Virginia. This means homeowners in Texas pay approximately $2,730 more per year on a $350,000 home than those in Virginia.
Property tax rates vary based on each state's funding model for local services, including schools, infrastructure, and public safety. States with lower property taxes may compensate through higher state income tax or sales tax. Consider total tax burden when comparing states for relocation.
If you're moving between states, factor in homeowners insurance costs, mortgage refinancing rates, and potential homestead exemption savings. A property tax appeal can also help reduce your assessment in either state.
For more financial context, explore salary data, cost of living comparisons, and ZIP code details for both states.