Save money with Odessa’s low-tax environment!
According to the Tax Foundation, Texas’s state and local tax burden was 8% in 2022, the fourth-lowest of any U.S. state. One significant factor is the absence of an individual or corporate income tax in Texas.
Additionally, Odessa has some of the lowest property tax rates in the country. The 2022 tax year adopted tax rate for each taxing entity per $100 property value as illustrated.
|Tax Designation||Per $100 Valuation|
|City Of Odessa||$0.483791|
|Ector County Independent School District||$1.177920|
|Ector Junior College District||$0.188643|
|Ector County Hospital District||$0.109941|
|Ector County Utility District||$0.099289|