Estimated annual property tax
$3,016
$251.37 a month at Florida’s average effective rate of 0.75%
Monthly (escrow) amount
$251.37
Tax per $100,000 of value
$754
Effective rate
0.75%
- Home market value
- $400,000
- Florida average effective rate
- 0.75%
- Annual property tax
- $3,016
- Median home value in Florida
- $396,900
- Median property tax paid in Florida
- $2,993 / yr
This applies Florida’s statewide average to your home’s value. It is an estimate, not a bill: actual bills depend on the county, city and school district, on the assessed value, exemptions and assessment limits. Your local assessor or tax collector can give the figures for a specific address.
Projected property tax over 10 years
| Year | Annual tax | Monthly | Total so far |
|---|---|---|---|
| 1 | $3,016 | $251.37 | $3,016 |
| 2 | $3,107 | $258.91 | $6,123 |
| 3 | $3,200 | $266.67 | $9,323 |
| 4 | $3,296 | $274.68 | $12,619 |
| 5 | $3,395 | $282.92 | $16,014 |
| 6 | $3,497 | $291.40 | $19,511 |
| 7 | $3,602 | $300.14 | $23,113 |
| 8 | $3,710 | $309.15 | $26,823 |
| 9 | $3,821 | $318.42 | $30,644 |
| 10 | $3,936 | $327.98 | $34,580 |
The bill is assumed to rise 3% a year. Total over 10 years: $34,580. Real bills change with assessments, rates and exemptions, so treat this as a what-if, not a forecast.
Same home in nearby states
Florida’s average effective rate of 0.75% is the median of the 51 states and D.C. Other bars apply each state’s average rate to the same $400,000 home; “Middle state” uses the median rate of 0.75%.