Property Tax in Grayson County, Texas
In Grayson County, Texas, the typical homeowner pays $2,953 a year in property taxes on a home worth a median of $228,300. The figures on this page are the Census Bureau's published medians (US Census Bureau, American Community Survey (ACS) 5-year estimates, 2023), shown exactly as released.
What the Grayson County numbers mean
A median is the middle household: half of owner-occupied households in Grayson County pay more than $2,953, and half pay less. Your own bill is set by your home's assessed value, the exemptions you qualify for, and the local taxing districts your property sits in — so individual bills vary widely around the median.
Dividing the median tax by the median home value gives a derived effective rate of 1.29% for Grayson County. It is an estimate built from two survey medians, not the county's official rate, but it is a fair way to compare the local tax burden with other counties where home values are very different.
Grayson County by the numbers
| Measure | Grayson County | Texas | United States |
|---|---|---|---|
| Median real estate taxes paid | $2,953 | $4,111 | $2,969 |
| Median home value | $228,300 | $260,400 | $303,400 |
| Derived effective rate* | 1.29% | 1.58% | 0.98% |
| Median tax per month | $246 | $343 | $247 |
*Estimate derived from Census medians (tax ÷ value), not an official rate.
Grayson County at a glance
- Median tax rank in Texas: #44 of 250 counties
- Median home value rank in Texas: #47 of 250
- Population rank in Texas: #35 of 250 (139,988 residents)
- Population density rank: #39 of 250 (150 people per square mile)
- Land area rank in Texas: #94 of 250 (932 sq mi, 0.4% of the combined county land area)
- Median tax as a monthly figure: $246; per $1,000 of home value: $1.29
How Grayson County compares
Of the 250 Texas counties with published data, 43 have a higher median property tax bill than Grayson County's $2,953, putting the county at #44 in the state. Its bill is about 28% lower than the state median of $4,111 and about the same as the national median of $2,969.
Rates and values pull in opposite directions: an expensive housing market can produce big bills at ordinary rates. Here the derived rate is 1.29%, versus 0.98% derived nationally, and the median home value ranks #47 within Texas.
Some extra context for Grayson County: the median bill works out to about $246 a month, and the derived rate equals roughly $1,293 of tax per $100,000 of home value. The county is home to 139,988 people — the #35 most populous county in Texas, spread over 932 square miles, a density of about 150 people per square mile. Its median home value, $228,300, ranks #47 among the state's 250 counties with data.
Nationally, Grayson County's median bill of $2,953 ranks #452 of 3133 counties with published data — inside the top 14% of counties by tax paid. The county accounts for about 0.5% of Texas's population, its median home value is about 12% below the state median, and at the derived rate the median home would hand over roughly 12.93% of its value in tax across a decade. Within the state, the distance from Grayson County to the most expensive county, Travis County ($7,487), is $4,534 a year.
Counties nearest Grayson County in the Texas ranking
| County | Median tax paid | Median home value | Derived rate* |
|---|---|---|---|
| Washington County, TX | $3,105 | $270,100 | 1.15% |
| Lampasas County, TX | $2,993 | $236,000 | 1.27% |
| Victoria County, TX | $2,941 | $197,600 | 1.49% |
| Medina County, TX | $2,881 | $220,000 | 1.31% |
Grayson County and its population peers
Counties of a similar size can tax very differently. The table below shows the counties closest to Grayson County in population across the United States, with their median bills and home values. Within the group of 9, Grayson County ($2,953) ranks #5 of 9 by median tax paid.
| County | Population | Median tax paid | Median home value | Derived rate* |
|---|---|---|---|---|
| Randall County, TX | 143,791 | $3,587 | $227,500 | 1.58% |
| Lebanon County, PA | 143,592 | $3,180 | $227,300 | 1.40% |
| Schuylkill County, PA | 143,259 | $2,147 | $140,400 | 1.53% |
| Rock Island County, IL | 142,995 | $3,372 | $144,700 | 2.33% |
| Monroe County, IN | 139,822 | $1,837 | $261,700 | 0.70% |
| Marathon County, WI | 138,067 | $3,108 | $205,500 | 1.51% |
| Blount County, TN | 137,747 | $1,387 | $275,700 | 0.50% |
| Boone County, KY | 137,676 | $2,273 | $253,200 | 0.90% |
The closest population match is Monroe County, Indiana (139,822 residents), where the median real estate tax paid is $1,837 on a median home value of $261,700 — $1,116 more than Grayson County pays.
Staying within Texas, the counties nearest Grayson County by population are Taylor County (144,259 residents, median tax $2,670 on a median value of $190,300); Randall County (143,791 residents, median tax $3,587 on a median value of $227,500); Wichita County (129,842 residents, median tax $2,501 on a median value of $141,600); Gregg County (124,860 residents, median tax $2,271 on a median value of $185,800). The spread in their median bills — all under the same state framework — shows how much of the property tax burden is decided county by county and district by district.
How the tax is worked out
The bill is built in stages. First the assessor puts a market value on the property. Exemptions — a homestead exemption above all — then reduce the taxable amount. Finally the combined local rate is applied. To see the scale: at the county's derived rate of 1.29%, each $100,000 of value corresponds to about $1,293 of tax a year, and a $400,000 home to roughly $5,172. Real bills use the official assessment and district rates, not this derived figure, so treat the example as a sense of scale only.
Illustrative bills in Grayson County at the derived rate
The derived rate of 1.29% is only an estimate built from medians, but applying it to different home values gives a sense of scale for Grayson County — and a quick way to compare with the state derived rate of 1.58% and the US figure of 0.98%:
| Home value | Illustrative tax / year | Per month |
|---|---|---|
| $150,000 | $1,940 | $162 |
| $250,000 | $3,232 | $269 |
| $350,000 | $4,526 | $377 |
| $500,000 | $6,465 | $539 |
| $750,000 | $9,698 | $808 |
Illustration only: real bills are computed from the assessed value, exemptions, and the combined rates of the property's actual taxing districts.
Checking your assessment in Grayson County
Most successful appeals are won on facts, not arguments. Start with the property record card held by the Grayson County assessor: wrong square footage, an extra room, or a missing homestead exemption are common and fixable. Next, line your assessed value up against recent sales of genuinely similar homes nearby. Many disputes end at an informal conversation with the assessor's office; if yours does not, file the formal appeal with the review board named on your notice before its deadline, evidence attached, and keep paying the bill in the meantime so penalties do not build up.
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Frequently asked questions
What is the median property tax in Grayson County, Texas?
The median real estate tax paid in Grayson County, Texas is $2,953 per year, on a median home value of $228,300 (US Census Bureau, American Community Survey (ACS) 5-year estimates, 2023).
What is the effective property tax rate in Grayson County, Texas?
On a derived basis, 1.29%: the county's median tax bill of $2,953 divided by its median home value of $228,300. Because it is calculated from two survey medians, read it as a comparison estimate rather than an official rate.
How does Grayson County compare with the rest of Texas?
Grayson County ranks #44 of 250 Texas counties with published data by median taxes paid. Its median bill of $2,953 is about 28% lower than the Texas median of $4,111.
How are property taxes calculated in Grayson County, Texas?
Three steps produce the bill: an assessment of market value by the local assessor, a reduction for exemptions you qualify for (a homestead exemption is the common one), and multiplication by the combined rates of the county, municipality, school district and any special districts covering the property. The median result in Grayson County is $2,953 of tax on a $228,300 median home value.
Can I appeal my property tax assessment in Grayson County, Texas?
You can. Pull your property record card from the Grayson County assessor, verify its details, and compare the assessed value against similar homes that sold recently. If the value still seems too high, submit a formal appeal to the board named on your notice before the stated deadline — usually a 30-to-90-day window.