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Florida property tax calculator

Florida's effective property tax rate averages about 0.86% of market value — below the roughly 1.0% national average. That's roughly $3,440 a year on the state's $400,000 median home. The calculator is pre-filled with that rate.

$3,440 / year

Per month
$286.67
Assessed value
$400,000
Effective rate
0.86%

Rates vary by county and city — check your local assessor for the exact figure.

How it works

Your county assessor sets a taxable (assessed) value, which may be below market value, then applies the combined rate of every taxing body — county, city, school district, and any special levies. A homestead or senior exemption reduces the assessed value before the rate is applied, so an owner-occupied home often owes less than the headline rate on a rental or second home.

For comparison, homeowners insurance in Florida averages about $4,000 a year, so on the median home the tax bill is the smaller of the two escrow items. Florida has no state income tax and a near-average property tax rate with a Save Our Homes assessment cap for residents, but homeowners insurance is the most expensive in the country because of hurricane exposure — often rivaling the property tax bill itself.

Frequently asked questions

What is the property tax rate in Florida?
Florida's effective property tax rate averages about 0.86% of a home's market value — below the roughly 1.0% national average. That works out to roughly $3,440 a year on the state's $400,000 median home.
How is property tax calculated in Florida?
Your county assessor sets a taxable (assessed) value, which may be below market value, then applies the combined rate of every taxing body — county, city, school district, and special levies. Exemptions like a homestead exemption reduce the assessed value first.
Property tax vs. homeowners insurance in Florida — which costs more?
On the median home, Florida property tax runs about $3,440 a year versus roughly $4,000 for insurance. Insurance is the larger of the two here.
Can I lower my property tax bill in Florida?
Most owners can file a homestead exemption on a primary residence, and you can appeal the assessed value if comparable sales suggest it's too high. Senior, veteran, and disability exemptions may also apply.

Learn more: How property tax works

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