Martin County, Florida Property Taxes
Census Bureau ACS property tax data for Florida. Population: 54,328.
The median annual property tax in Martin County is $3,120, which is 66% higher than the Florida state average and 62% above the national average. The effective tax rate is 0.81% on a median home value of $386,500. Property taxes represent 3.9% of the median household income in this county.
Median Annual Tax
$3,120
+66% vs State
+62% vs US
Median Home Value
$386,500
+50% vs State
+83% vs US
Effective Tax Rate
0.81%
+11% vs State
-15% vs US
With vs Without Mortgage
With Mortgage
$3,560
$297/mo
Without Mortgage
$2,752
$229/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 | $3,120 +5.1% | 0.81% |
| 2022 | $2,969 +9.9% | 0.83% |
| 2021 | $2,701 +5.2% | 0.88% |
| 2020 | $2,568 +2.9% | 0.88% |
| 2019 | $2,496 | 0.91% |
Tax Burden
Tax-to-Income Ratio
3.9%
of median household income
Median Income
$80,701
per year
Monthly Tax
$260
per month
Other Counties in Florida
Orange County
Tax: $2,795/yr Rate: 0.78%
Columbia County
Tax: $1,385/yr Rate: 0.74%
Broward County
Tax: $3,610/yr Rate: 0.95%
Duval County
Tax: $2,142/yr Rate: 0.78%
Sarasota County
Tax: $2,826/yr Rate: 0.76%
Walton County
Tax: $1,709/yr Rate: 0.45%
Frequently Asked Questions
What is the average property tax in Martin County, Florida? ▼
The median annual property tax in Martin County is $3,120 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.81% on a median home value of $386,500.
How does Martin County property tax compare to the national average? ▼
Property taxes in Martin County are 62% above the national average of $1,923. The effective rate of 0.81% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Martin County? ▼
In Martin County, homeowners with a mortgage pay a median of $3,560 in annual property taxes, while homeowners without a mortgage pay $2,752. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Martin County? ▼
Property taxes in Martin County represent approximately 3.9% of the median household income of $80,701. 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.