76354 Property Tax Rate

Property owners in ZIP code 76354 (Burkburnett, Texas) pay a median of $2,404/year in property taxes on homes valued at $148,700. This translates to an effective tax rate of 1.62%, which is 19% above the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76354 is approximately $200, which factors into escrow payments on mortgages. This ZIP code is located within Wichita County. This is $727 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76354 has lower property taxes. ZIP codes with similar effective rates include 76513 (1.62%) and 76247 (1.62%).

In Burkburnett, property taxes represent approximately 3.5% of the median household income of $68,614, providing context for the relative tax burden on homeowners in this area.

Texas caps homestead appraisal increases at 10% annually and charges no state income tax, but the exemption must be filed with the Wichita County Appraisal District by April 30 to take effect. Your Homestead Exemption removes assessed value from school district and local entity tax rolls, reducing your annual bill by several hundred dollars depending on local tax rates. Submit your Homestead Exemption application to the Wichita County Appraisal District before April 30 of the tax year following your purchase.