Lee County, located in Southwest Florida along the Gulf Coast, has an effective property tax rate of 1.03%. This rate is the average annual real estate tax payment for Lee County. The property tax rate in Florida is also known as the “mileage rate” and is expressed as “millions per thousand.” The table below shows the average property tax payment and the average effective tax rate for each county in Florida. In Orlando, the largest city in Orange County, the mileage rate ranges from 18.5 to more than 19.7 million, depending on where in the city you live.
This chart shows the real property tax percentiles paid on residential properties for each zip code in Fort Myers Beach, Florida. If you want to refinance an old mortgage or purchase a new one, check out SmartAsset's Florida mortgage guide for information on current mortgage rates in the Sunshine State and much more. If you're concerned about the cost of your property taxes, keep in mind that Florida does offer some property tax breaks in the form of housing exemptions, which can go a long way if you qualify for them. The value of the tax assessment may differ from the potential sales value and is used to calculate the property tax for each real estate property.
Located in Southwest Florida, Babcock Ranch has been designed to help residents live happier, healthier lives. With an average effective property tax rate of 0.80%, property taxes in Florida are below the national average, which is currently 0.99%. Property value notices are issued in August, and property tax appeal deadlines are usually 25 days from the date of the value notices, which is usually in September. It seems that the Florida counties with the lowest average property tax are in the northwestern and north-central part of the state, and most of them are in the Panhandle.
Florida is one of the few states in the country that doesn't require residents to shell out money in state income taxes.