Total Tax Burden in Lewisville, TX
Living in Lewisville with the median household income of $62,413, your estimated total tax burden — including federal income tax, FICA, property tax, and sales tax — is approximately $21,775, an effective rate of 34.9%.
Federal Income Tax (est.)
$8,738
14.0% of income
FICA (SS + Medicare)
$4,775
7.6% of income
Property Tax
$6,460
1.90% effective rate
Sales Tax (est.)
$1,802
8.25% rate
Total Estimated Tax Burden
$21,775
Effective Rate
34.9%
Based on median income of $62,413, median home price of $340,000, and estimated taxable spending of $21,845. Actual taxes vary by individual circumstances. Use our calculators for a personalized estimate.
Tax Details for Lewisville
Lewisville residents face a combined local sales tax rate of 8.25%. This is a moderate sales tax rate that includes both state and local components.
Property taxes on the median-priced home of $340,000 would cost approximately $6,460 per year, or $538/month. The effective rate of 1.90% is close to the national median.
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These estimates are based on median values. Use our Total Tax Burden Calculator for a breakdown based on your actual income, home value, and spending.
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