Richmond, Texas property tax

Median property tax, home value and effective rate (Census 2020โ€“2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
1.48%

Homeowners in Richmond, Texas paid a median $3,425 a year in property tax on a median home worth $231,500, an effective rate of about 1.48% (Census 2020โ€“2024).

Census ACS 2020โ€“2024 5-year medians

#351 lowest of 660Texas places we cover

1.86%Fort Bend County overall
Median tax paid
$3,425
per year, 2020โ€“24
Median home value
$231,500
owner-occupied
Effective rate
1.48%
tax รท value
Tax vs. income
6.8%
of $50,337 median household income
Owner costs
$1,889/mo
median with a mortgage, incl. tax & insurance

Richmond vs county, state and US

Effective rate

Richmond1.48%
Fort Bend County1.86%
Texas1.49%
United States0.94%

Median tax paid per year

Richmond$3,425
Fort Bend County$6,965
Texas$4,232
United States$3,119

Tax on a home in Richmond

At the local 1.48% effective rate

Home valueEstimated yearly taxPer month
$150,000$2,219$185
$250,000$3,699$308
$350,000$5,178$432
$500,000$7,397$616

Buying a home in Fort Bend County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020โ€“2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ€“2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Richmond, Texas?

Homeowners in Richmond, Texas paid a median $3,425 a year in property tax on a median home worth $231,500, an effective rate of about 1.48% (Census 2020โ€“2024).

How much is property tax on a $250,000 home in Richmond?

About $3,699 a year at the 1.48% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Richmond higher than the rest of Texas?

Richmond ranks #351 lowest of 660 Texas places we track. The statewide effective rate is 1.49%. Fort Bend County overall is 1.86%.