Floyd County, Texas Property Taxes
Property Taxes in Floyd County, Texas
Median Floyd County effective property tax rate: 2.22%, significantly higher than the national median of 1.02%.
Median Floyd County home value: $46,790
Median annual Floyd County tax bill: $983, lower than the national median property tax bill of $2,400.
How are property taxes in Floyd County calculated?
Property taxes in Floyd County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Floyd County or another part of Floyd County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Floyd County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.22%
Estimate Property Tax Bill
$1,039
$964
How Does the Floyd County Property Tax Calculator Work?
Use this Floyd County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Floyd County's median effective tax rate of 2.22% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Floyd County's median property tax bill of $983 is higher than the Texas median tax rate of 1.48%, but lower than the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Floyd County, where median bills range from $937 in Floydada to $1,058 in Lockney.
Property Tax Rates Across Floyd County, Texas
What Are Effective Property Tax Rates Across Floyd County?
Local government entities set tax rates, which vary widely across Floyd County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Floyd County's effective property tax rate to other counties in Texas or the U.S. median of 1.02%.
Floyd County's median effective rate stands at 2.22%, which is higher than the national median of 1.02%. Within Floyd County, the highest rate is found in Lockney at 2.27%, while Floydada has the lowest at 2.12%.
These variations reflect differences in local school district levies, Municipal Utility Districts (MUDs) assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Floyd County Tax Rate
2.22%
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Texas Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Assessment Values Across Floyd County, Texas
When examining property taxes in Floyd County, understanding the distinction between “market value” and “assessed value” is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Floyd County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices are sent in the spring each year and typically reach your mailbox by the middle of May.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. In Floyd County, the median tax bill is $983, compared with the national median property tax bill of $2,400. Tax bills range from $519 at the 25th percentile to $1,745 at the 75th percentile and $2,806 at the 90th percentile. Lockney has the highest median home price at $49,810.
Median Floyd County Market Value
$46,790
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Bills Across Floyd County, Texas
Property tax bills in Floyd County are calculated by applying the local tax rate to a home’s assessed market value. The county’s median home price is $46,790, so even modest changes in value can affect what a homeowner pays. Local taxing entities use the assessed value to determine the final bill, and exemptions or other adjustments can reduce the amount owed.
The typical property tax bill in Floyd County varies widely, with the 25th percentile at $519 and the 75th percentile at $1,745. The 90th percentile reaches $2,806, showing how much bills can rise for higher-valued properties. Among local cities, the highest median tax bill is $1,058 in Lockney, while the lowest is $937 in Floydada. For homeowners, this means property taxes can be a significant ongoing expense, especially when market values increase faster than expected.
Median Floyd County Tax Bill
$983
Median Texas Tax Bill
$3,441
Median United States Tax Bill
$2,400
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
Links | |
|---|---|
| Floyd Appraisal District | |
| Website | iswdataclient.azurewebsites.net |