Okaloosa County, Florida Property Taxes
Census Bureau ACS property tax data for Florida. Population: 56,997.
The median annual property tax in Okaloosa County is $1,948, which is 3% higher than the Florida state average and 1% above the national average. The effective tax rate is 0.60% on a median home value of $324,800. Property taxes represent 2.5% of the median household income in this county.
Median Annual Tax
$1,948
+3% vs State
+1% vs US
Median Home Value
$324,800
+26% vs State
+54% vs US
Effective Tax Rate
0.60%
-18% vs State
-37% vs US
With vs Without Mortgage
With Mortgage
$2,049
$171/mo
Without Mortgage
$1,773
$148/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 | $1,948 +7.1% | 0.60% |
| 2022 | $1,819 +12.1% | 0.62% |
| 2021 | $1,623 +1.8% | 0.65% |
| 2020 | $1,595 +4.5% | 0.68% |
| 2019 | $1,527 | 0.70% |
Tax Burden
Tax-to-Income Ratio
2.5%
of median household income
Median Income
$79,097
per year
Monthly Tax
$162
per month
Other Counties in Florida
Collier County
Tax: $3,219/yr Rate: 0.66%
Palm Beach County
Tax: $3,600/yr Rate: 0.88%
Gulf County
Tax: $1,334/yr Rate: 0.57%
Lafayette County
Tax: $850/yr Rate: 0.65%
Levy County
Tax: $1,110/yr Rate: 0.65%
Lake County
Tax: $2,284/yr Rate: 0.79%
Frequently Asked Questions
What is the average property tax in Okaloosa County, Florida? ▼
The median annual property tax in Okaloosa County is $1,948 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.60% on a median home value of $324,800.
How does Okaloosa County property tax compare to the national average? ▼
Property taxes in Okaloosa County are 1% above the national average of $1,923. The effective rate of 0.60% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Okaloosa County? ▼
In Okaloosa County, homeowners with a mortgage pay a median of $2,049 in annual property taxes, while homeowners without a mortgage pay $1,773. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Okaloosa County? ▼
Property taxes in Okaloosa County represent approximately 2.5% of the median household income of $79,097. 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.