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Florida Property Tax Calculator - Homestead & Millage Rates

📅Last updated: October 6, 2025
✓Reviewed by: LumoCalculator Team

Calculate your Florida property tax with homestead exemptions and county millage rates. Get accurate estimates for Miami-Dade, Broward, Orange counties.

Calculate Your Property Tax

Property Value ($)
Homestead Exemption
Millage Rate (mills per $1,000)

Quick select by county:

Additional Exemptions ($)

Senior, disability, veteran, or other exemptions

Your Property Tax Results

$5,000
Annual Property Tax
$416.67
Monthly Payment
$1,000
Tax Savings

Tax Breakdown

Assessed Value
Property value for tax purposes
$300,000
Homestead Exemption
Standard Florida exemption
$50,000
Taxable Value
Value subject to taxation
$250,000
Millage Rate
Tax rate per $1,000
20 mills

Florida Property Tax by County

South Florida Counties

Miami-Dade18.5 mills

Urban county with higher rates

  • • High property values
  • • Urban services
Broward19.2 mills

Fort Lauderdale area

  • • Beachfront properties
  • • Tourist areas
Palm Beach17.8 mills

West Palm Beach area

  • • Luxury properties
  • • Golf communities

Central & North Florida

Orange20.1 mills

Orlando area

  • • Theme park tourism
  • • Growing population
Hillsborough19.5 mills

Tampa area

  • • Business district
  • • Port facilities
Duval18.9 mills

Jacksonville area

  • • Largest city by area
  • • Industrial base

How to Calculate Florida Property Tax

Florida Property Tax Formula

Basic Formula: Property Tax = (Assessed Value - Exemptions) ÷ 1,000 × Millage Rate
With Homestead: Tax = (Value - $50,000 - Additional) ÷ 1,000 × Millage Rate

Calculation Steps:

  1. 1
    Determine assessed value
    Market value or county assessment
  2. 2
    Apply exemptions
    Subtract homestead ($50,000) and additional exemptions
  3. 3
    Calculate tax
    Multiply taxable value by millage rate per $1,000

Important Considerations

⚠️ Tax Disclaimer

This calculator provides estimates. Consult a tax professional for specific advice.

🏠 Homestead Exemption

Must be your primary residence to qualify

  • • Apply by March 1st deadline
  • • Automatic renewal each year
  • • $50,000 standard exemption
📊 Millage Rates

Rates vary by county and can change annually

  • • Set by local governments
  • • Includes school, city, county taxes
  • • Check current year rates
💰 Additional Exemptions

Several exemptions may be available

  • • Senior citizen (65+)
  • • Disability exemptions
  • • Veteran exemptions
📅 Payment Schedule

Property taxes are due annually

  • • Due by March 31st
  • • Discounts for early payment
  • • Installment plans available

Example Cases

Case 1: Miami-Dade Homeowner with Homestead

Property Value: $400,000
County: Miami-Dade (18.5 mills)
Exemptions: Homestead ($50,000)
Annual Tax: $6,475
Monthly: $539.58
Tax Savings: $925

Use Case: Typical South Florida homeowner taking advantage of homestead exemption for significant tax savings.

Case 2: Orlando Investment Property

Property Value: $250,000
County: Orange (20.1 mills)
Exemptions: None (rental property)
Annual Tax: $5,025
Monthly: $418.75
Tax Savings: $0

Use Case: Investment property without homestead exemption, showing higher tax burden for non-primary residences.

Frequently Asked Questions

What is Florida property tax?
Florida property tax is a tax levied on real estate by local governments. It's calculated based on the assessed value of your property and the local millage rate. The tax helps fund schools, roads, emergency services, and other local government services.
What is the Florida homestead exemption?
The Florida homestead exemption provides up to $50,000 in tax savings on your primary residence. It reduces the assessed value of your home for tax purposes, potentially saving you hundreds or thousands of dollars annually on property taxes.
What is a millage rate?
A millage rate is the tax rate applied to property value, expressed as mills per $1,000 of assessed value. For example, a 20 mill rate means you pay $20 in taxes for every $1,000 of assessed property value.
What additional exemptions are available?
Florida offers several additional exemptions including senior citizen exemptions, disability exemptions, widow/widower exemptions, and veteran exemptions. These can provide additional tax savings beyond the standard homestead exemption.
How is Florida property tax calculated?
Property tax = (Assessed Value - Exemptions) ÷ 1,000 × Millage Rate. The assessed value is typically the market value of your property, minus any applicable exemptions, multiplied by the local millage rate.

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