Wichita Falls, TX Property Tax Rates

Compare property tax rates across 7 ZIP codes in Wichita Falls, Texas.

ACS 2019-2023 · Updated Dec 2024

Avg Tax Rate

1.71%

Avg Annual Tax

$2,536

Avg Home Value

$147,900

ZIP Codes

7

Property Tax Overview: Wichita Falls, TX

Wichita Falls has 7 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 1.71%, which is 27% above the Texas average of 1.35%. Annual property taxes range from $2,451 (ZIP 76305) to $2,773 (ZIP 76302).

For a home at Wichita Falls's median value of $147,900, property taxes add approximately $211/month to housing costs. Wichita Falls home values are below the Texas median of $231,329, which moderates the overall monthly tax burden.

Property tax rates within Wichita Falls vary by 0.56 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.

ZIP Codes in Wichita Falls, TX

ZIP CodeEffective RateMedian TaxMedian Home Value
763051.39%$2,451$176,700
763061.65%$1,737$105,500
763011.70%$1,224$71,900
763091.74%$2,412$138,600
763101.78%$3,581$201,300
763081.80%$3,577$198,800
763021.95%$2,773$142,500

Wichita Falls vs Texas Average

Effective Tax Rate

Wichita Falls1.71%
Texas Avg1.35%

27% above state average

Annual Property Tax

Wichita Falls$2,536
Texas Avg$3,131

Median Home Value

Wichita Falls$147,900
Texas Avg$231,329

Frequently Asked Questions

What is the average property tax rate in Wichita Falls, TX?

The average effective property tax rate in Wichita Falls, Texas is 1.71%, based on 7 ZIP codes.

How much is property tax in Wichita Falls, TX?

The average median annual property tax in Wichita Falls is $2,536 per year, with a median home value of $147,900.

Which ZIP code in Wichita Falls has the lowest property tax rate?

ZIP code 76305 has the lowest effective tax rate in Wichita Falls at 1.39%, with a median annual tax of $2,451.

How many ZIP codes are in Wichita Falls, TX?

Wichita Falls, Texas has 7 ZIP codes with property tax data available.

Which ZIP code in Wichita Falls has the highest property tax rate?

ZIP code 76302 has the highest effective tax rate in Wichita Falls at 1.95%, with a median annual tax of $2,773.

How do Wichita Falls property taxes compare to the Texas average?

Wichita Falls's average effective rate of 1.71% is 27% above the Texas state average of 1.35%.

What factors affect property tax rates between ZIP codes in Wichita Falls?

Property tax rate differences within Wichita Falls are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.

Tips for Wichita Falls Homeowners

  • Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
  • Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
  • Know your assessment cycle: Texas reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
  • Compare ZIP codes before buying: Even within Wichita Falls, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.

Looking for county-level property tax data? View Wichita County on TaxByCounty.com

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →