76078 Property Tax Rate

Property owners in ZIP code 76078 (Rhome, Texas) pay a median of $3,919/year in property taxes on homes valued at $278,800. This translates to an effective tax rate of 1.41%, which is 4% above the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76078 is approximately $327, which factors into escrow payments on mortgages. This ZIP code is located within Wise County. This is $788 more than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76078 has higher property taxes. ZIP codes with similar effective rates include 78832 (1.41%) and 78202 (1.41%).

In Rhome, property taxes represent approximately 4.2% of the median household income of $94,379, providing context for the relative tax burden on homeowners in this area.

Texas imposes no state income tax and caps annual homestead appraised value increases at 10% for properties with an active Homestead Exemption — file your application with the Wise County Appraisal District by April 30 of the year following purchase. Wise County's Homestead Exemption exempts a portion of assessed value from school district taxes, saving typical homeowners $300–$600 annually. Submit your exemption application to the Wise County Appraisal District immediately after closing and retain proof of filing to ensure the 10% cap applies to your appraisal.