What is the average effective property tax rate in Florida?

Florida's statewide average effective property tax rate is approximately 0.89% of assessed value (Tax Foundation / Lincoln Institute of Land Policy, 2023 data). That is meaningfully below the national average of around 1.10%, making Florida one of the lower-tax states for homeowners on a rate basis.

How is Florida property tax calculated?

Florida property tax = assessed value × millage rate. The millage rate is set by each county and municipality in mills (1 mill = $1 per $1,000 of assessed value). The effective rate used here converts mills to a percentage of assessed value, so the formula simplifies to: annual tax = assessed value × (effective rate ÷ 100).

What is the Florida Homestead Exemption and how does it affect my tax?

Florida homeowners who use a property as their primary residence qualify for a Homestead Exemption that removes up to $50,000 from the taxable assessed value. The first $25,000 applies to all taxing authorities; the second $25,000 applies to non-school levies. This can reduce an average bill by $500-$1,000 per year depending on county millage. The exemption must be applied for with your county property appraiser by March 1.

What is Save Our Homes and why does my assessed value differ from market value?

Save Our Homes (Amendment 10, 1992) caps annual increases in assessed value for Homestead properties at 3% or the Consumer Price Index change, whichever is lower. For long-term owners in appreciating markets, assessed value can be significantly below market value, meaning their tax bill is lower than a newly purchased equivalent home. New buyers are assessed at full market value in the year of purchase, then the cap kicks in from the following year.

Which Florida counties have the highest and lowest property tax rates?

Among major counties, Alachua (Gainesville), Duval (Jacksonville) and Broward (Fort Lauderdale) tend to have higher effective rates, often above 1.00%. Sumter, Collier (Naples), St. Johns, Monroe (Florida Keys) and Okaloosa are typically among the lowest, often below 0.75%. The difference on a $400,000 home between the highest and lowest counties can exceed $2,000 per year.

Is Florida property tax paid monthly or annually?

Florida property tax bills are issued once a year by the county tax collector, typically in November. The full year's tax is due by March 31 of the following year. Early payment earns a discount of 4% in November, 3% in December, 2% in January and 1% in February. Most mortgage lenders collect a monthly escrow amount (roughly one-twelfth of the annual bill) so the lump sum is covered when the bill arrives.

Florida Property Tax Calculator

Florida has no state income tax, which makes property tax one of the primary ways local governments fund schools, roads and emergency services. Knowing your estimated bill upfront helps you budget mortgage escrow correctly and compare the true cost of homes across counties.

How the calculation works

The calculator uses the effective property-tax rate model:

Annual tax = assessed value × (effective rate ÷ 100)

The effective rate is the ratio of actual taxes paid to the property’s assessed value, expressed as a percentage. It already incorporates the blend of county, municipal, school-board and special-district millage rates levied on a typical residential property. Florida’s statewide average effective rate is 0.89% — one of the lower figures in the US, well below the national average of around 1.10%.

The monthly figure is simply the annual tax divided by 12, which is what your mortgage servicer typically collects as part of your escrow payment each month.

Worked example

Suppose you buy a home in Orange County (Orlando) for $425,000. Orange County’s indicative effective rate is approximately 1.00%.

Annual property tax: $425,000 × 0.0100 = $4,250
Monthly escrow component: $4,250 ÷ 12 = $354.17

Now compare with St. Johns County (St. Augustine), effective rate ≈ 0.75%:

Annual property tax: $425,000 × 0.0075 = $3,187.50
Monthly escrow component: $3,187.50 ÷ 12 = $265.63

The same-priced home costs about $89/month more in Orange County than in St. Johns County solely due to the difference in property-tax rates — a meaningful gap when budgeting long-term.

Home value	Eff. rate	County example	Annual tax	Monthly
$300,000	0.75%	St. Johns	$2,250	$187.50
$300,000	0.89%	FL average	$2,670	$222.50
$300,000	1.09%	Duval	$3,270	$272.50
$500,000	0.89%	FL average	$4,450	$370.83
$750,000	0.89%	FL average	$6,675	$556.25

County rates vary — here is why

Florida’s property-tax rate is set locally, not by the state. Each county combines levies from the county commission, school board, municipalities and special districts (fire, water, community development). The result is a total millage rate that ranges from under 10 mills in low-tax counties to over 20 mills in high-tax ones. One mill = $1 per $1,000 of taxable value, so 10 mills = 1.0% effective rate.

Use the county reference table in the calculator to switch between counties and see how the annual and monthly figures change for your home value. Always verify the exact current millage with your county property appraiser before finalising a purchase budget.

Every calculation runs entirely in your browser — no figures are uploaded or stored.