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Florida Property Tax Calculator

Estimate your annual property tax in any of Florida's major counties, compare rates side by side, and calculate savings from homestead exemption, Save Our Homes cap, and portability.

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Current market value or expected purchase price
Tax rates vary significantly between counties

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How to Use This Calculator

Annual Tax tab

Enter your home value (market value or expected purchase price) and select your Florida county. The calculator multiplies your home value by the county's effective tax rate to estimate your annual and monthly property tax. This is a pre-exemption estimate -- switch to the Exemptions tab to see your actual tax after homestead and Save Our Homes savings.

County Comparison tab

View all 8 major Florida counties side by side. Each county shows its effective tax rate, median home value, and median annual tax. Use this to compare the tax impact of buying in different counties -- the difference between the lowest rate (Pinellas, 0.85%) and highest (Lee, 0.98%) can be hundreds of dollars per year on the same home value.

Exemptions & Savings tab

This is where Florida homeowners save the most. Check the homestead exemption box if this is your primary residence, enter how long you have owned the home, and your original assessed value. The calculator shows savings from the $50,000 homestead exemption, the Save Our Homes 3% annual cap, and your transferable portability benefit. A $400,000 home in Miami-Dade with homestead pays roughly $3,080 instead of $3,520 -- saving $440 per year.

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The Formula

Florida property tax is calculated by your county's tax assessor using the assessed value of your property:

Annual Property Tax = Taxable Value × Millage Rate

Where:
  Taxable Value = Assessed Value − Exemptions
  Assessed Value = Just/Market Value (capped by SOH after year 1)
  Millage Rate = combined county + city + school + special district rates

Homestead Exemption:
  First $25,000 assessed value: exempt from ALL taxes
  Next $25,000 ($50K-$75K range): exempt from non-school taxes only

Save Our Homes Cap:
  Annual assessed value increase ≤ 3% or CPI (whichever is lower)
  Applies starting year 2 of homestead

The "effective tax rate" used in this calculator is the combined millage rate expressed as a percentage. One mill equals $1 of tax per $1,000 of taxable value. Florida counties typically have total millage rates between 15 and 22 mills (1.5% to 2.2%), but effective rates on market value are lower because of exemptions and assessment caps.

Example

Maria — Homeowner in Miami-Dade County

Maria bought her home 5 years ago for $350,000. The current market value is $400,000. She has homestead exemption as her primary residence. Miami-Dade effective rate: 0.88%.

Without any exemptions

Home market value$400,000
Effective tax rate0.88%
Annual tax (no exemptions)$3,520/yr
Monthly$293/mo

With homestead exemption

First $25K exempt (all taxes)$220 saved
Additional $25K (non-school)$139 saved
Total homestead savings$359/yr
Tax after homestead~$3,161/yr

With homestead + Save Our Homes cap

Original assessed value (2021)$350,000
Capped assessed value (2026)~$406K (3%/yr cap)
Market value today$400,000
SOH additional savingsvaries by appreciation
Estimated total tax~$3,080/yr
Total savings vs no exemptions~$440/yr

If Maria sells and buys a new $500,000 home in Broward County, she can transfer her SOH savings (portability) to reduce the assessed value of her new home, potentially saving hundreds more per year.

FAQ

Florida's average effective property tax rate is approximately 0.89% of a home's assessed value, below the national average of about 1.1%. However, rates vary significantly between counties. Among the 8 major counties in this calculator, Pinellas has the lowest rate at 0.85% and Lee has the highest at 0.98%. Your actual rate also depends on your specific municipality and special taxing districts.
The homestead exemption reduces the taxable value of your primary residence by up to $50,000. It works in two parts: the first $25,000 of assessed value is exempt from all property taxes (county, city, school, special districts). An additional $25,000 exemption applies to assessed value between $50,000 and $75,000, but only for non-school taxes. You must own the property, declare it as your permanent residence, and file by March 1 of the tax year. The exemption does not apply to investment properties, second homes, or rentals.
Save Our Homes (SOH) is a provision in the Florida Constitution (Article VII, Section 4) that limits how much the assessed value of your homestead property can increase each year. Starting in the second year after you receive homestead exemption, the assessed value cannot increase by more than 3% or the Consumer Price Index (CPI), whichever is lower. In Florida's appreciating markets, this can create massive savings over time. A home that doubled in market value over 15 years might have an assessed value 30-40% below market value thanks to the SOH cap.
Yes. Florida's portability provision allows you to transfer up to $500,000 of accumulated SOH savings to a new homestead property anywhere in Florida. You must establish the new homestead within 3 years of abandoning or selling the old one. If your new home costs more than the old one, the savings transfer dollar for dollar. If the new home costs less, the savings are proportionally reduced. You must file a portability application with the county property appraiser by March 1 of the year following the new purchase.
Florida property taxes are assessed on January 1 and tax bills are mailed in November. The deadline is March 31 of the following year. Florida offers early payment discounts: 4% off if paid in November, 3% off in December, 2% off in January, and 1% off in February. After March 31, taxes become delinquent with interest accruing at 1.5% per month (18% annually). If you have a mortgage, your lender likely collects property tax through your monthly escrow payment.

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