Below is a property tax guide to help Collin County residents compare their 2010 property tax rates for both city and school taxes to other cities and schools throughout Collin County.
2010 Collin County Property Tax Rates by City, School, & County
As the data shows, the average combined property tax rate for Collin County is approximately 2.36% with the lowest combined property tax rate being the City of Parker at 2.06% and the highest being in Wylie at 2.87%. Wylie was the highest for city taxes at 0.90% and was tied for the highest for school taxes along with Celina at 1.64%.
2010 | Rate | Rate | Rate | Rate | Jurisdiction | Jurisdiction | Jurisdiction | |
---|---|---|---|---|---|---|---|---|
City | Combined | City | School | County | City | School | County | |
Parker | 2.06% | 0.38% | 1.35% | 0.33% | Parker | Plano ISD | Collin County | |
Lucas | 2.05% | 0.37% | 1.35% | 0.33% | Lucas | Plano ISD | Collin County | |
Plano | 2.17% | 0.49% | 1.35% | 0.33% | Plano | Plano ISD | Collin County | |
Frisco | 2.19% | 0.47% | 1.39% | 0.33% | Frisco | Frisco ISD | Collin County | |
Murphy | 2.25% | 0.57% | 1.35% | 0.33% | Murphy | Plano ISD | Collin County | |
Fairview | 2.24% | 0.37% | 1.54% | 0.33% | Fairview | Lovejoy ISD | Collin County | |
Allen | 2.42% | 0.55% | 1.54% | 0.33% | Allen | Allen ISD | Collin County | |
McKinney | 2.45% | 0.59% | 1.53% | 0.33% | McKinney | McKinney ISD | Collin County | |
Melissa | 2.48% | 0.61% | 1.54% | 0.33% | Melissa | Melissa ISD | Collin County | |
Prosper | 2.48% | 0.52% | 1.63% | 0.33% | Prosper | Prosper ISD | Collin County | |
Celina | 2.62% | 0.65% | 1.64% | 0.33% | Celina | Celina ISD | Collin County | |
Wylie | 2.87% | 0.90% | 1.64% | 0.33% | Wylie | Wylie ISD | Collin County | |
Averages | 2.36% | 0.54% | 1.49% | 0.33% |
Considerations in Paying Property Taxes
When buying a home it is important to take into account the annual cost of paying your property taxes. For those who cannot afford to pay their property taxes, the penalties and interest from the tax assessor and their attorneys can be extremely high. The good news for those who find themselves in this situation is there are companies who offer property tax loans to help. If you are struggling with meeting your property tax payment and are considering a loan, please read our blog about selecting the right property tax lender. Property Tax Funding offers property tax loans in Collin County, and most other counties in Texas.