Haltom City property owners are getting their lowest municipal tax rate in two decades. The city council adopted a rate of $0.556999 per $100 of taxable value on Monday night, a figure that sits 14 cents below where the rate stood back in 2017.
According to Haltom City, TX - Government, the newly adopted rate reflects what officials describe as record economic growth alongside the city's lowest debt rate in 25 years. The numbers back up a longer trend: Tarrant County's Truth in Taxation records show the city's adopted rate falling steadily from $0.645651 per $100 valuation in 2021 to $0.580727 in 2024, then $0.557290 in 2025, before landing at this year's $0.556999.
That multi-year decline hasn't happened in a vacuum. Haltom City's tax base has been expanding fast, fueled in part by the 50-acre H Mart Plaza development at NE Loop 820 and Beach Street, which reached full retail leasing in December 2025 ahead of its anchor supermarket's opening this year, according to a report cited by the city's economic development office. Hoodline has previously covered new arrivals at that same commercial hub, including a new ramen spot and a Korean barbecue restaurant with tableside service.
Industrial Growth And Sales Tax Gains
Beyond retail, the city added more than 700,000 square feet of private industrial development during fiscal year 2025 through projects like Triad 820 and Mercantile 820, according to Haltom City Economic Development. Those projects reportedly created over 1,100 new jobs and came alongside more than 600 new multi-family housing units, adding both jobs and rooftops to the tax rolls.
The city also collects an 8.25% local sales tax, split between the 6.25% state rate, a 1.375% share for the city's general fund, 0.375% for street maintenance, and 0.25% for crime control, per the Texas Comptroller. Net state sales tax distributions to Haltom City topped $12.96 million through mid-2026, placing it among the top 100 revenue-generating cities out of 1,221 statewide by that measure.
Big Projects, Better Credit Rating
The tax cuts haven't come at the expense of capital spending. Haltom City opened a new $25 million City Hall at 4801 Haltom Road following an October 2024 ribbon-cutting, an investment that came on the heels of a new Law Enforcement Facility completed in November 2023. In November 2024, S&P Global Ratings raised the city's general obligation bond rating from AA- to AA, citing continuous economic expansion, tax base growth, and strong fiscal reserves.
The city contracts with the Tarrant County Tax Assessor-Collector to handle the truth-in-taxation calculations and billing that produced this year's rate, reflecting an administrative arrangement shared across overlapping taxing jurisdictions in the county.
The Rest Of The Tax Bill Still Looms
A lower city rate doesn't mean a lower overall bill for everyone. Most Haltom City homeowners also pay taxes to the Birdville Independent School District, which adopted a total rate of $1.18654 per $100 valuation for this tax year, split between $0.7869 for operations and $0.39964 for debt service. That's a 1.176-cent reduction from 2025, but it still represents the largest chunk of a typical resident's combined property tax bill.
Birdville ISD voters also weighed in this year on a $475.5 million bond package across two propositions covering facility construction, campus security upgrades, and technology improvements, which the district said would not require a tax rate increase, according to Texas Scorecard. Whether that holds depends partly on future appraisal growth, since rising home values set by the county appraisal district can offset savings from a lower rate even when the rate itself goes down.
Haltom City, home to an estimated 45,500 residents across 12.3 square miles, has a median household income of $59,057 and a homeownership rate of around 51%, according to U.S. Census Bureau estimates. For a city where roughly half of residents own rather than rent, the mix of a falling municipal rate and a still-substantial school levy will likely shape how much relief homeowners actually feel on their next bill.
