McKinney, Texas — Tax Burden
What is the tax burden in McKinney, Texas?
McKinney, Texas has a total tax burden of 9.34%, ranking #4158 nationally. Property tax rate: 1.88%, state income tax: 0.000%, sales tax: 8.20%. Median household income is $113,286.
Source: US Census ACS, 2022
Ranked #4158 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.34%
Rank: 4158th nationally
Property Tax Rate
1.88%
Rank: 1069th nationally
Income Tax Rate
0.000%
Texas state rate
Sales Tax Rate
8.20%
State + local combined
Tax Burden Breakdown
Property (71%)Income (0%)Sales (29%)
Median Income: $113,286
Median Home Value: $400,400
Median Property Tax: $7,513/yr
Population: 196,160