Tax Rates

 

The City of Richardson lies in two counties and two school districts. This gives residents and Richardson businesses two different tax rates, depending on their location within the city:
  • Collin County (northern 1/3)
  • Dallas County (southern 2/3)
  • Richardson Independent School District (Dallas County portion of the city)
  • Plano Independent School District (Collin County portion of the city)

View the map on the right showing county boundaries within the city.

Richardson Property Tax Rates 2016
Richardson (Dallas County)
Property Tax Rate*
Richardson (Collin County)
Property Tax Rate*
Dallas County $0.2431 Collin County $0.208395
City of Richardson $0.62516 City of Richardson $0.62516
Dallas County Community College $0.122933 Collin County Community College $0.081222
Richardson ISD $1.39005 Plano ISD $1.439
Parkland Hospital $0.2794 Total Tax Rate $2.353777
Dallas County School Equalization $0.009271
Total Tax Rate $2.669914
*per $100 of Assessed Valuation
Sources: Collin, Dallas County Appraisal Districts

2016 Property Tax Rate Comparison of Selected DFW Cities

Richardson/Collin County $2.353777
Richardson/Dallas County $2.669914
Allen $2.4470
Dallas $2.719289
Irving $2.6938
Grand Prairie $2.7919702

Other Taxes
(applicable to Richardson) 
Total Sales Tax Rate: 8.25%
State 6.25%
City 1.00%
MTA** 1.00%
Total Hotel/Motel Tax Rate: 13%
** - Metropolitan Transit Authority 
 

Corporate Franchise Tax
Texas franchise tax is a tax imposed on each taxable entity chartered/organized in Texas or doing business in Texas. Revisions to the tax were made during the 2007 legislative session.

For more information contact the State Comptroller of Public Accounts at 1-800-252-1381 or click on this link for franchise tax questions.

 


Income Tax
Texas has NO personal or corporate income tax and no state property or unitary tax.

 

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