Florida Property Tax Calculator
2026Calculate property taxes in Florida. The average effective property tax rate in FL is 0.86%, which is below the national average of 1.1%. Estimate your annual property tax bill.
Written and reviewed by Konstantin Iakovlev · Methodology · Updated
Annual Property Tax
$3,010.00
Monthly Equivalent
$250.83
Effective Rate
0.860%
Property Tax Breakdown
| Assessed Value | $350,000.00 |
| Homestead Exemption | $0.00 |
| Taxable Value | $350,000.00 |
| Annual Tax | $3,010.00 |
| Monthly Equivalent | $250.83 |
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
How is property tax calculated in Florida?
Florida's average effective property tax rate is 0.86% of assessed value (2026), in the moderate range. Property tax is administered by counties and municipalities — the state sets a framework, but local taxing authorities (school districts, county boards, special-service districts, fire/police districts) levy their own millage rates that stack onto the bill.
Your tax bill is the assessed value times the combined millage rate (1 mill = $1 per $1,000 of assessed value). Many jurisdictions assess at less than 100% of market value (e.g., 80% or 50%), so the effective rate on market value can be much lower than the headline millage. Common reductions include homestead exemptions (primary residence discount), senior or disabled-person freezes, veteran exemptions, and farm/agricultural use deferrals — these can cut a primary-residence bill by 10–50% in many states.
Most jurisdictions reassess property values every 1–4 years; rapid market gains can produce large bill jumps unless capped by state law (e.g., California's Proposition 13 limits annual increases to 2% on a primary residence; Texas caps homesteads at 10%/yr). Property tax is deductible federally as part of the SALT itemized deduction, capped at a combined $40,000 in 2026 under OBBBA (raised from $10,000), with a 30% phase-down on MAGI above $500,000 (floor $10,000). Use this calculator to estimate your annual bill and monthly escrow contribution.
Florida relief programs: The standard homestead exemption is $50,000 (first $25K + portability/Save Our Homes 3% annual cap on assessed-value growth). Additional senior, veteran, disability, and surviving-spouse exemptions stack on top.
Florida property assessment, homestead exemption, and appeal process
- Assessment ratio
- 100% of just value
- Median home price (Q4 2025)
- $410,000
- Homestead exemption
- $50,000 ($25K from all + $25K from non-school taxes); Save Our Homes 3% annual cap
Florida's Save Our Homes constitutional provision (1995) caps annual assessed-value growth on homestead property at 3% or CPI (whichever is lower). The standard homestead exemption is $50,000 — though school taxes only get the first $25K — saving homeowners roughly $750/year. Portability lets you transfer up to $500,000 of accumulated SOH benefit to a new homestead within Florida. Seniors 65+ in qualifying counties get an additional $50,000 exemption. Bills are due by March 31; non-homestead properties have no SOH cap.
Florida Property Tax Details (2026)
| Avg. Effective Property Tax Rate | 0.86% |
| National Average | 1.1% |
| vs. National Average | 0.24% below |
| Estate Tax | None |
| State Sales Tax | 6% |
| State Income Tax | None |
Florida property tax — frequently asked questions
How does Florida's Save Our Homes cap work?
Florida's Save Our Homes constitutional provision (1995) caps annual assessed-value growth on homestead property at 3% or CPI (whichever is lower). This means once you establish homestead status, your tax bill grows slowly even if market value soars. Long-time owners (10+ years in fast-appreciating markets) often pay 30-50% less in property tax than identical neighbors who recently purchased. The cap resets to current market value when ownership transfers.
What is Florida's homestead exemption?
Florida's homestead exemption is $50,000 — the first $25K reduces all property tax (including school), the second $25K reduces non-school taxes only. Saves homeowners roughly $750/year on average. Apply by March 1 of the year you want the exemption. Seniors 65+ in qualifying counties (must check locally — about 30 of 67 counties offer it) get an additional $50,000 exemption based on income. Disabled veterans and surviving spouses of fallen first responders may qualify for full exemption.
Can I transfer my Save Our Homes benefit when I move?
Yes. Florida's "Save Our Homes Portability" lets you transfer up to $500,000 of accumulated SOH benefit to a new homestead in Florida within 3 tax years of selling the old one. This was added by constitutional amendment in 2008. It allows long-time Florida residents to downsize or relocate within Florida without losing the tax savings they accumulated under SOH — a major benefit for retirees moving from large family homes to smaller condos.
When are Florida property tax bills due?
Florida county tax collectors issue bills November 1, with discounts for early payment: 4% if paid in November, 3% in December, 2% in January, 1% in February. Bills become delinquent after March 31 (the calendar year following the tax year) with 3% penalty + interest. Tax certificates are sold at auction in early June for unpaid bills. Many Florida owners choose escrow through their mortgage holder, with payments built into monthly PITI.