Taxes
Tax Rates in Murphy
Property Tax Rates (2025-2026)
On September 16, 2025, the Murphy City Council approved a 0.357514 tax rate for Fiscal Year 2025-2026. All Taxes are per $100 of property value
| Tax Authority |
Tax Rate (Plano ISD) |
% of Total Tax Rate (Plano ISD) |
Tax Rate (Wylie ISD) |
% of Total Tax Rate (Wylie ISD) |
|---|---|---|---|---|
| City of Murphy |
0.357514 | 21.9% |
0.357514 | 19.9% |
| Collin County |
0.149343 | 9.2% | 0.149343 | 8.3% |
| Collin County Community College |
0.081220 | 5.0% | 0.081220 | 4.5% |
| Plano Independent School District |
1.04245 | 63.9% |
||
| Wylie Independent School District |
1.210200 | 67.3% | ||
| Total Tax Rate Per $100 of property value |
1.630527 |
100% | 1.798277 | 100% |
To estimate your property taxes visit: Collin County Tax Rate Estimator
Property Tax Rates (2024-2025)
On September 3, 2024, the Murphy City Council approved a 0.362533 tax rate for Fiscal Year 2024-2025. All Taxes are per $100 of property value.
| Tax Authority |
Tax Rate (Plano ISD) |
% of Total Tax Rate (Plano ISD) |
Tax Rate (Wylie ISD) |
% of Total Tax Rate (Wylie ISD) |
|---|---|---|---|---|
| City of Murphy |
0.362533 | 21.7% | 0.362533 | 20.1% |
| Collin County |
0.149343 | 8.9% | 0.149343 |
8.3% |
| Collin County Community College |
0.081220 | 4.9% | 0.081220 | 4.9% |
| Plano Independent School District |
1.076800 | 64.5% | ||
| Wylie Independent School District |
1.210200 | 67.1% | ||
| Total Tax Rate per $100 of property value |
1.669896 | 100% | 1.803296 | 100% |
Local Sales and Use Tax Rates
The total sales tax for the City of Murphy is 2%.
| Benefactor |
Sales Tax Rate |
|---|---|
| General City Sales Tax |
1.00% |
| Murphy Community Development Sales Tax |
0.50% |
| Murphy Municipal Development Sales Tax |
0.25% |
| Streets and Sidewalks Repair and Maintenance Fund Sales Tax |
0.25% |
| State of Texas Sales Tax |
6.25% |
| Total Sales and Use Tax |
8.25% |