The effective property tax rate in Florida is 0.8% — about $3,200 a year on a $400,000 home.
Homeowners in Florida pay an effective property tax rate of about 0.8% of their home’s value. On a $400,000 home that is roughly $3,200 a year, or $267 a month added to your escrow payment. Over 10 years, at the typical 2% annual increase, that comes to about $35,039.
Property tax is set locally, so your county, city and school district rate together decide the real bill — inside Florida it can land well above or below the 0.8% state average. The calculator below opens on Florida’s rate; enter your assessed value, your county rate and any homestead exemption to get your actual number.
At the 0.8% Florida effective rate, before local variation and exemptions.
| Home value | Annual property tax | Per month |
|---|---|---|
| $200,000 | $1,600 | $133 |
| $300,000 | $2,400 | $200 |
| $400,000 | $3,200 | $267 |
| $500,000 | $4,000 | $333 |
| $750,000 | $6,000 | $500 |
| $1,000,000 | $8,000 | $667 |
Annual Property Tax
Monthly Tax: $312.50 | Weekly Tax: $72.12
$300,000
$300,000
Cumulative Property Tax Projection
Yearly Projection Table
| Year | Property Value | Assessed Value | Taxable Assessed Value | Annual Tax | Cumulative Taxes Paid |
|---|---|---|---|---|---|
| 1 | $300,000 | $300,000 | $300,000 | $3,750 | $3,750 |
| 2 | $306,000 | $306,000 | $306,000 | $3,825 | $7,575 |
| 3 | $312,120 | $312,120 | $312,120 | $3,902 | $11,477 |
| 4 | $318,362 | $318,362 | $318,362 | $3,980 | $15,456 |
| 5 | $324,730 | $324,730 | $324,730 | $4,059 | $19,515 |
| 6 | $331,224 | $331,224 | $331,224 | $4,140 | $23,655 |
| 7 | $337,849 | $337,849 | $337,849 | $4,223 | $27,879 |
| 8 | $344,606 | $344,606 | $344,606 | $4,308 | $32,186 |
| 9 | $351,498 | $351,498 | $351,498 | $4,394 | $36,580 |
| 10 | $358,528 | $358,528 | $358,528 | $4,482 | $41,061 |