| Property Tax Rate per $100 Valuation | |
|---|---|
| City of Mercedes | 0.8700 |
| Hidlago County | 0.5900 |
| Mercedes ISD | 1.6000 |
| South Texas ISD | 0.0392 |
| Drainage District #1 | 0.0435 |
| South Texas College | 0.1589 |
Tax Structure
Texas offers favorable tax rates as it was ranked second in the nation to have the lowest per capita state tax. Texas does not levy corporate income taxes and is one of the few states in the United States that follows this practice. This pro-business philosophy is shared by the City of Mercedes and the Development Corporation of Mercedes who are ready to assist businesses wishing to locate in the area.
| State Taxes | |
|---|---|
| State Franchise | 4.25% |
| State Corporate Income | 0.00% |
| Personal Income | 0.00% |
| Corporate Income | 0.00% |
| Ad Valorem | 0.00% |