County property tax calculator
Property Tax Calculator for Collin County
Collin County sits above the national property tax average at 1.660%. On a median home of $447,600, that translates to $7,430 per year, or $619 per month in escrow. The gap versus the 1.07% US average is meaningful — enough to move the needle on monthly affordability for buyers comparing this county with lower-tax neighbors. Local jurisdictions here fund schools and services primarily through property taxes, which is why the rate sits where it does. For buyers budgeting the purchase, factoring this into the total monthly payment before making an offer keeps expectations grounded and avoids surprises at closing. Collin County sits above the Texas state median, placing it in the premium tier for the region. A median home value of $447,600 reflects demand for the area's access to jobs, schools, or lifestyle. Buyers here face a market where list prices move quickly and competition can push offers above asking. Financing still works within conventional loan limits in most cases, but buyers should model the full monthly cost — principal, interest, tax, insurance, and any HOA — before committing. The premium pricing means less room for surprises in the budget. Long-term ownership here tends to reward buyers who plan conservatively and hold through market cycles.
Property Tax Details
National average is 1.07%
Used to project future tax burden
Annual Property Tax
$0
Insights
Property Tax Landscape in Collin County
Collin County's 1.660% rate tracks close to Texas's average of 1.6%. There is no meaningful deviation for local buyers — the county sits in the middle of the state's tax picture. On a median home, the annual tax burden is close to what a buyer would expect anywhere in Texas. This alignment makes the county easy to compare against others in the state without adjusting for tax rate. Escrow analysis follows the same pattern as state peers. For buyers considering multiple counties in Texas, this one will feel familiar on the tax line. Within Texas, Collin County ranks as the 27th highest of 250 counties by effective property tax rate.
Collin County sits above the Texas state median, placing it in the premium tier for the region. A median home value of $447,600 reflects demand for the area's access to jobs, schools, or lifestyle. Buyers here face a market where list prices move quickly and competition can push offers above asking. Financing still works within conventional loan limits in most cases, but buyers should model the full monthly cost — principal, interest, tax, insurance, and any HOA — before committing. The premium pricing means less room for surprises in the budget. Long-term ownership here tends to reward buyers who plan conservatively and hold through market cycles. Households in Collin County earn well above the Texas median — the median income here is $117,588, which gives buyers more flexibility in qualifying for conventional and jumbo financing at competitive rates. The price-to-income ratio of 3.8x reflects a balanced profile for the region — median-income buyers have reasonable access to the market. Median gross rent runs $1,792 per month, giving renters a baseline to compare against ownership costs in the same market.
Property Tax Scenarios — Collin County
For a market where median homes run above the state average, tax scales linearly with home value. The five scenarios below map the range from entry-level pricing to premium listings, showing annual tax, monthly escrow, and ten-year totals at the county's effective rate.
| Home Value | Annual Tax | Monthly Escrow | 10-Year Total |
|---|---|---|---|
| $225,000 | $3,735 | $311 | $37,350 |
| $335,000 | $5,561 | $463 | $55,610 |
| $450,000 | $7,470 | $623 | $74,700 |
| $670,000 | $11,122 | $927 | $111,220 |
| $895,000 | $14,857 | $1,238 | $148,570 |
Frequently asked questions
For buyers considering Collin County, the questions below address the tax load, escrow mechanics, and comparisons with state averages. Answers use county-specific data from the 2023 Census ACS.
What is the property tax rate in Collin County?
Collin County has an effective property tax rate of 1.660%, above the national average (national average: 1.07%). On a median home of $447,600, that's about $7,430 per year, or $619 monthly through escrow.
How much are property taxes on a home in Collin County?
At the county median of $447,600, annual property taxes run roughly $7,430, collected through mortgage escrow at about $619 per month.
How does Collin County compare to Texas?
Collin County's 1.660% rate is essentially in line with Texas's statewide average of 1.6%. The difference equals about $269 per year on a median home.
What is the median income in Collin County?
Median household income in Collin County is $117,588 (Census ACS 2023). Median gross rent runs $1,792 per month.
Are property taxes deductible in Collin County?
Yes, property taxes are deductible on federal returns when you itemize, subject to the SALT cap ($10,000 for most filers). Collin County homeowners paying $7,430 annually may benefit if their combined state and local tax burden exceeds the standard deduction.
How are property taxes calculated in Collin County?
The county assessor multiplies your home's assessed value by the local tax rate. On a $447,600 home at the county's effective rate of 1.660%, the annual bill is approximately $7,430.
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Disclaimer: This calculator and the content on this page are for educational purposes only. They do not constitute financial, legal, or tax advice. Rates, loan limits, and eligibility criteria vary by lender, location, and borrower profile. Always consult a licensed financial professional before making borrowing decisions. CalcPier is independent and not affiliated with any lender listed on this page.
