Indian River County, Florida Property Taxes
Census Bureau ACS property tax data for Florida. Population: 54,497.
The median annual property tax in Indian River County is $2,288, which is 21% higher than the Florida state average and 19% above the national average. The effective tax rate is 0.73% on a median home value of $314,700. Property taxes represent 3.2% of the median household income in this county.
Median Annual Tax
$2,288
+21% vs State
+19% vs US
Median Home Value
$314,700
+22% vs State
+49% vs US
Effective Tax Rate
0.73%
+0% vs State
-23% vs US
With vs Without Mortgage
With Mortgage
$2,233
$186/mo
Without Mortgage
$2,351
$196/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 | $2,288 +9.5% | 0.73% |
| 2022 | $2,090 +10.5% | 0.73% |
| 2021 | $1,892 +8.7% | 0.78% |
| 2020 | $1,741 +7.9% | 0.79% |
| 2019 | $1,613 | 0.80% |
Tax Burden
Tax-to-Income Ratio
3.2%
of median household income
Median Income
$71,049
per year
Monthly Tax
$191
per month
Other Counties in Florida
Hillsborough County
Tax: $2,787/yr Rate: 0.84%
Martin County
Tax: $3,120/yr Rate: 0.81%
Lee County
Tax: $2,699/yr Rate: 0.83%
Jackson County
Tax: $625/yr Rate: 0.55%
Marion County
Tax: $1,659/yr Rate: 0.75%
Taylor County
Tax: $724/yr Rate: 0.72%
Frequently Asked Questions
What is the average property tax in Indian River County, Florida? ▼
The median annual property tax in Indian River County is $2,288 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.73% on a median home value of $314,700.
How does Indian River County property tax compare to the national average? ▼
Property taxes in Indian River County are 19% above the national average of $1,923. The effective rate of 0.73% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Indian River County? ▼
In Indian River County, homeowners with a mortgage pay a median of $2,233 in annual property taxes, while homeowners without a mortgage pay $2,351. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Indian River County? ▼
Property taxes in Indian River County represent approximately 3.2% of the median household income of $71,049. 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.