Taxes in Farmers Branch, Texas
Complete tax guide for Farmers Branch, TX. No state income tax, 1.92% property tax, 7.5% sales tax. Calculate your total tax burden.
State Income Tax
None
Texas
Property Tax
1.92%
Effective rate
Sales Tax
7.5%
Combined rate
Tax Burden
Moderate
Farmers Branch, TX Tax Overview
No state income tax; higher property taxes compensate
Population
38,454
Median Income
$56,800
Cost of Living
89.3 (100 = avg)
State Income Tax
None
Median Home Price
$284,000
Farmers Branch Tax Calculator
Pre-filled with Farmers Branch median: $56,800
Total Tax Burden in Farmers Branch
$9,123
Take-Home: $47,677 · Effective Rate: 16.06%
Federal Tax
$4,778
8.41% eff.
TX State
$0
0.00% eff.
FICA
$4,345
7.65% eff.
Take-Home
$47,677
83.94% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $56,800.00 | $4,733.33 |
| Federal Income Tax | -$4,777.50 | -$398.13 |
| Texas State Tax | $0.00 | $0.00 |
| Social Security (6.2%) | -$3,521.60 | -$293.47 |
| Medicare (1.45%) | -$823.60 | -$68.63 |
| Take-Home Pay | $47,677.30 | $3,973.11 |
Property Tax in Farmers Branch
Median Home
$284,000
Annual Tax
$5,453
Monthly Tax
$454
Effective Rate
1.92%
Sales Tax in Farmers Branch
Combined Rate
7.5%
State Portion
~5.0%
Local Portion
~2.5%
The combined sales tax rate in Farmers Branch is 7.5%, which is above the national average of 7.12%. On a $100 purchase, you would pay $7.50 in sales tax.
Tax Burden Comparison
| Tax Type | Farmers Branch | Texas Avg | National Avg |
|---|---|---|---|
| Income Tax | None | None | 4.6% |
| Property Tax | 1.92% | ~1.92% | 1.1% |
| Sales Tax | 7.5% | ~7.5% | 7.12% |
| Overall Burden | Moderate | — | Moderate |
Tax Saving Tips for Farmers Branch Residents
- Texas has no state income tax, meaning your income is only subject to federal taxes and FICA. Consider investing your tax savings into a Roth IRA for tax-free growth.
- Property tax in Farmers Branch (1.92%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
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LowCalculate Your Full Texas Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Farmers Branch, TX?
Farmers Branch, Texas has no state income tax. The property tax rate is 1.92% and the combined sales tax rate is 7.5%. No state income tax; higher property taxes compensate
How much is property tax in Farmers Branch?
The effective property tax rate in Farmers Branch is 1.92%. On the median home price of $284,000, this equals approximately $5,453 per year or $454 per month. This is above the national average of 1.1%.
What is the sales tax rate in Farmers Branch?
The combined sales tax rate in Farmers Branch is 7.5%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does Farmers Branch's tax burden compare to other cities?
Farmers Branch has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 27.1%. The absence of state income tax significantly reduces the overall burden. Cost of living index is 89.3 (100 = national average).
Are there any local taxes in Farmers Branch?
Farmers Branch does not impose a separate local or city income tax. Residents pay no state income tax, federal income tax, and FICA (Social Security and Medicare). No state income tax; higher property taxes compensate