Taxes in Denison, TX
Updated 2026 • Property, income & sales tax data
📊 Total Annual Tax Burden in Denison, TX
The combined effect of property, income, and sales taxes determines your total tax burden. Based on Denison's median household income of $58,930 and a local median home price of $239,000.
🏠 Property Tax in Denison, TX
Property taxes are collected by local governments and used to fund schools, infrastructure, and other local services.
Note: The effective rate represents the percentage of a property's value paid in taxes annually. The US average property tax rate is approximately 1.1%. The estimate above uses the local median home price of $239,000 for Denison, not the national median of $419,200.
💼 State Income Tax in TX
Income tax rates and brackets vary by state, impacting residents' overall tax burden. TX has no state income tax, which is a significant financial advantage for residents.
Note: Tax estimates are approximations based on standard deductions and may not account for all applicable credits, deductions, or individual circumstances. For personalized tax advice, please consult a qualified tax professional.
🛒 Sales Tax in Denison, TX
Sales tax is applied to most retail purchases and is collected by merchants at the point of sale. The rate can vary based on location and type of purchase.
Impact on Common Household Expenses
| Category | Annual Spending | Est. Sales Tax |
|---|---|---|
| Groceries | $7,000 | $577 |
| Retail | $5,000 | $412 |
| Dining | $3,500 | $288 |
| Total Annual | $15,500 | $1,278 |
💡 Did you know? Not all states tax groceries, and some have tax holidays for specific items like back-to-school supplies or emergency preparedness equipment. Check with local authorities for exemptions that might apply to you.
Understanding Your Tax Burden in Denison, TX
Denison, TX residents deal with lower property taxes (approx. 0.56% effective rate), and 6.25% sales tax. This comprehensive tax guide helps you understand your financial obligations in Denison.
Tax Pros & Cons of Denison, TX
Pros
- •Friendly residents overall
- •Festivals and events hosted
- •Family-friendly environment
- •Diverse local restaurants
- •Plenty of outdoor activities
- •Growing job market
- •Low cost of living
- •Access to nearby lake
- •Good local schools available
- •Close-knit community vibe
Cons
- •Less cultural diversity
- •Some schools underperforming
- •Limited shopping selections
- •Far from major cities
- •Limited nightlife options
- •Higher crime rates reported
- •Economic growth is slow
- •Fewer activities for teens
- •Political views may clash
- •Public transport criticism
Frequently Asked Questions
What is the cost of living in Denison, TX? ▼
The cost of living in Denison, TX is 0% equal to the national average, with a cost of living index of 100 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
Is Denison, TX a safe place to live? ▼
Denison, TX is average in terms of safety, with crime rates near the national average. Safety varies significantly by neighborhood. View detailed Denison crime statistics →
What are the best neighborhoods in Denison, TX? ▼
The best neighborhoods in Denison, TX depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods vary in price depending on proximity to amenities and schools.
How are the taxes in Denison, TX? ▼
Tax rates in Denison, TX include state and local components. The cost of living index of 100 reflects a moderate cost environment compared to the national average. View detailed Denison tax information →
How does Denison, TX compare to nearby cities? ▼
Denison, TX offers comparable costs to nearby communities. With a cost of living index of 100, median home prices of $0, and a crime rate of 0 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Denison, TX? ▼
Weather in Denison, TX varies by season. Climate data varies by season. View detailed Denison climate & environment data →
Explore More About Denison, TX
📅 Last Updated: February 2026
Sources: Tax Foundation, State Revenue Departments, U.S. Census Bureau ACS