Property Tax in Wood County
via TaxByCounty
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.