76531 Property Tax Rate

Property owners in ZIP code 76531 (Hamilton, Texas) pay a median of $1,434/year in property taxes on homes valued at $128,000. This translates to an effective tax rate of 1.12%, which is 17% below the Texas state average of 1.35%.

The monthly property tax burden for a median-valued home in 76531 is approximately $120, which factors into escrow payments on mortgages. This ZIP code is located within Hamilton County. This is $1,697 less than the Texas average of $3,131/year.

Compared to similar ZIP codes in Texas, 76531 has higher property taxes. ZIP codes with similar effective rates include 79087 (1.12%) and 76622 (1.12%).

In Hamilton, property taxes represent approximately 2.6% of the median household income of $55,651, providing context for the relative tax burden on homeowners in this area.

Texas caps annual appraisal increases at 10% for homestead properties, but this cap only applies once you file — submit your Homestead Exemption application to the Hamilton County Appraisal District by April 30 of the year following purchase. The exemption removes a portion of assessed value from school and county taxes, typically saving $600–$900/year on a median $217,500 home in this county. Register your homestead claim with the Hamilton County Assessor before your first tax bill arrives to ensure the cap applies immediately.