Knox County, Texas Property Taxes
Property Taxes in Knox County, Texas
Median Knox County effective property tax rate: 2.02%, significantly higher than the national median of 1.02%.
Median Knox County home value: $44,615
Median annual Knox County tax bill: $918, lower than the national median property tax bill of $2,400.
How are property taxes in Knox County calculated?
Property taxes in Knox 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 Knox County or another part of Knox County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Knox County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.02%
Estimate Property Tax Bill
$901
$836
How Does the Knox County Property Tax Calculator Work?
Use this Knox County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Knox County's median effective tax rate of 2.02% to generate your estimate.
Enter your property's estimated assessed value — the figure used 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. Knox County's median property tax bill is $918, compared with the state median tax rate of 1.48% and the national median property tax rate of 1.02%.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Knox County.
Property Tax Rates Across Knox County, Texas
What Are Effective Property Tax Rates Across Knox County?
Local government entities set tax rates, which vary widely across Knox 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 Knox County's effective property tax rate to other counties in Texas or the U.S. median of 1.02%.
Knox County's median effective rate stands at 2.02%, which is higher than the national median of 1.02%. Within Knox County, the highest rate is found in Munday at 2.38%, while Seymour has the lowest at 1.32%.
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 ÷ 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 Knox County Tax Rate
2.02%
Our median effective property tax rate (tax bill ÷ 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 Knox County, Texas
When examining property taxes in Knox 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 Knox 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:
In Knox County, assessment notices are sent in the spring each year. They'll 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. The median tax bill in Knox County is $918, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Munday has the highest median home price at $46,860.
Median Knox County Market Value
$44,615
Median Texas Market Value
$258,851
Median United States Market Value
$235,294
Property Tax Assessment Values Across Knox County, Texas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Benjamin | $2,976 | $15,338 | $45,625 | $74,402 | $103,578 |
| Goree | $2,000 | $7,140 | $32,300 | $60,170 | $107,200 |
| Knox City | $8,168 | $28,135 | $46,380 | $81,465 | $141,652 |
| Munday | $5,564 | $23,150 | $46,860 | $96,445 | $182,750 |
| Seymour | $25,782 | $30,980 | $45,690 | $97,960 | $145,030 |
| Crowell | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Knox County, Texas
How are property tax bills calculated in Knox County, Texas?
Property tax bills in Knox County are based on the assessed value of a home and the local tax rates set by taxing authorities. The county’s median home price is $44,615, which helps show the starting point for how taxes are determined. Homeowners are taxed on the market value of their property, and the final bill depends on the combined rates from local entities such as the county, schools, and other districts.
What factors affect the amount owed? A lower-valued home may receive a smaller bill, while properties with higher assessed values generally pay more. In Knox County, the 25th percentile tax bill is $480, the 75th percentile is $1,588, and the 90th percentile is $2,394. That range shows how much bills can vary from one homeowner to another.
How does this affect homeowners? Even within the same county, tax bills can differ significantly. The highest median tax bill is $1,120 in Munday, while the lowest is $667 in Seymour.
Median Knox County Tax Bill
$918
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 | |
|---|---|
| Knox Appraisal District | |
| Website | esearch.knoxcad.com |