Property Tax in Lipscomb County, Texas

In Lipscomb County, Texas, the median property tax is $1,748/year — an effective tax rate of 1.41%. The median home value is $124,300.

Median Tax / Year $1,748
Effective Rate 1.41%
Median Home Value $124,300
Median Income $72,560

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Enter your home value in our property tax calculator to see how much you would pay annually and monthly in Lipscomb County.

How Lipscomb County Compares

Metric Lipscomb County Texas Avg U.S. Avg
Effective Tax Rate 1.41% 1.22% 0.92%
Median Tax / Year $1,748 $2,264 $1,630
Median Home Value $124,300 $186,278 $227,706

Market Analysis

Lipscomb County's effective property tax rate of 1.41% is 15.8% above the Texas state average and 53.9% above the U.S. national average. This is a moderately-priced tax jurisdiction relative to national norms.

Frequently Asked Questions

What is the property tax rate in Lipscomb County?

The effective property tax rate in Lipscomb County is 1.41%, based on the median property tax paid ($1,748) divided by the median home value ($124,300).

How does Lipscomb County compare to the rest of Texas?

Lipscomb County's rate is 15.8% above the Texas state average of 1.22%. See the full Texas breakdown.

Can I appeal my property tax assessment in Lipscomb County?

Yes. Most U.S. counties allow property owners to appeal their assessed value. See our Appeal Guide for the process and deadlines.

What exemptions are available in Texas?

Texas offers various exemptions, including homestead, senior citizen, veteran, and disability exemptions. See our Exemptions Guide.

Data Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates. Variables: B25103 (Median Real Estate Taxes Paid), B25077 (Median Home Value). Public domain. Effective rate = median tax ÷ median home value × 100. This page is for informational purposes only and does not constitute tax or legal advice.