Gulf County, Florida Property Taxes
Census Bureau ACS property tax data for Florida. Population: 4,655.
The median annual property tax in Gulf County is $1,334, which is 29% lower than the Florida state average and 31% below the national average. The effective tax rate is 0.57% on a median home value of $235,700. Property taxes represent 2.0% of the median household income in this county.
Median Annual Tax
$1,334
-29% vs State
-31% vs US
Median Home Value
$235,700
-8% vs State
+11% vs US
Effective Tax Rate
0.57%
-22% vs State
-40% vs US
With vs Without Mortgage
With Mortgage
$1,440
$120/mo
Without Mortgage
$1,187
$99/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,334 +12.0% | 0.57% |
| 2022 | $1,191 -3.3% | 0.60% |
| 2021 | $1,232 +10.8% | 0.65% |
| 2020 | $1,112 +13.9% | 0.65% |
| 2019 | $976 | 0.61% |
Tax Burden
Tax-to-Income Ratio
2.0%
of median household income
Median Income
$67,361
per year
Monthly Tax
$111
per month
Other Counties in Florida
Baker County
Tax: $1,410/yr Rate: 0.63%
Lafayette County
Tax: $850/yr Rate: 0.65%
Walton County
Tax: $1,709/yr Rate: 0.45%
Union County
Tax: $931/yr Rate: 0.58%
Palm Beach County
Tax: $3,600/yr Rate: 0.88%
Seminole County
Tax: $2,493/yr Rate: 0.70%
Frequently Asked Questions
What is the average property tax in Gulf County, Florida? ▼
The median annual property tax in Gulf County is $1,334 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.57% on a median home value of $235,700.
How does Gulf County property tax compare to the national average? ▼
Property taxes in Gulf County are 31% below the national average of $1,923. The effective rate of 0.57% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Gulf County? ▼
In Gulf County, homeowners with a mortgage pay a median of $1,440 in annual property taxes, while homeowners without a mortgage pay $1,187. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Gulf County? ▼
Property taxes in Gulf County represent approximately 2.0% of the median household income of $67,361. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.