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Taxes in Lewisville, Texas

Complete tax guide for Lewisville, TX. No state income tax, 1.72% property tax, 8.25% sales tax. Calculate your total tax burden.

State Income Tax

None

Texas

Property Tax

1.72%

Effective rate

Sales Tax

8.25%

Combined rate

Tax Burden

High

Lewisville, TX Tax Overview

No state income tax; DFW metro

Population

111,822

Median Income

$63,218

Cost of Living

97.5 (100 = avg)

State Income Tax

None

Median Home Price

$320,000

Lewisville Tax Calculator

Pre-filled with Lewisville median: $63,218

Total Tax Burden in Lewisville

$10,384

Take-Home: $52,834 · Effective Rate: 16.43%

Federal Tax

$5,548

8.78% eff.

TX State

$0

0.00% eff.

FICA

$4,836

7.65% eff.

Take-Home

$52,834

83.57% kept

Tax Breakdown

Take-Home 83.57%
Federal
FICA
Take-Home Federal Tax FICA
ItemAnnualMonthly
Gross Income$63,218.00$5,268.17
Federal Income Tax-$5,547.66-$462.31
Texas State Tax$0.00$0.00
Social Security (6.2%)-$3,919.52-$326.63
Medicare (1.45%)-$916.66-$76.39
Take-Home Pay$52,834.16$4,402.85

Property Tax in Lewisville

Median Home

$320,000

Annual Tax

$5,504

Monthly Tax

$459

Effective Rate

1.72%

vs. National Average (1.1%)+$1,984/yr
Median Property Tax Paid$5,504/yr

Sales Tax in Lewisville

Combined Rate

8.25%

State Portion

~5.8%

Local Portion

~2.5%

The combined sales tax rate in Lewisville is 8.25%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.25 in sales tax.

Tax Burden Comparison

Tax TypeLewisvilleTexas AvgNational Avg
Income TaxNoneNone4.6%
Property Tax1.72%~1.72%1.1%
Sales Tax8.25%~8.25%7.12%
Overall BurdenHighModerate

Tax Saving Tips for Lewisville 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 Lewisville (1.72%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • The combined sales tax rate of 8.25% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
  • 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.

Calculate 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 Lewisville, TX?

Lewisville, Texas has no state income tax. The property tax rate is 1.72% and the combined sales tax rate is 8.25%. No state income tax; DFW metro

How much is property tax in Lewisville?

The effective property tax rate in Lewisville is 1.72%. On the median home price of $320,000, this equals approximately $5,504 per year or $459 per month. This is above the national average of 1.1%.

What is the sales tax rate in Lewisville?

The combined sales tax rate in Lewisville is 8.25%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Lewisville's tax burden compare to other cities?

Lewisville has a high overall tax burden. The effective total tax rate for a median-income household is approximately 30.1%. The absence of state income tax significantly reduces the overall burden. Cost of living index is 97.5 (100 = national average).

Are there any local taxes in Lewisville?

Lewisville 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; DFW metro