Palm Beach County, Florida Property Taxes
Census Bureau ACS property tax data for Florida. Population: 417,121.
The median annual property tax in Palm Beach County is $3,600, which is 91% higher than the Florida state average and 87% above the national average. The effective tax rate is 0.88% on a median home value of $407,300. Property taxes represent 4.4% of the median household income in this county.
Median Annual Tax
$3,600
+91% vs State
+87% vs US
Median Home Value
$407,300
+58% vs State
+93% vs US
Effective Tax Rate
0.88%
+21% vs State
-7% vs US
With vs Without Mortgage
With Mortgage
$3,871
$323/mo
Without Mortgage
$3,209
$267/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 | $3,600 +7.1% | 0.88% |
| 2022 | $3,362 +8.9% | 0.91% |
| 2021 | $3,088 +4.1% | 0.98% |
| 2020 | $2,966 +2.0% | 0.99% |
| 2019 | $2,908 | 1.03% |
Tax Burden
Tax-to-Income Ratio
4.4%
of median household income
Median Income
$81,115
per year
Monthly Tax
$300
per month
Other Counties in Florida
Bradford County
Tax: $1,022/yr Rate: 0.57%
Franklin County
Tax: $1,572/yr Rate: 0.62%
Putnam County
Tax: $1,196/yr Rate: 0.81%
Clay County
Tax: $2,080/yr Rate: 0.74%
Polk County
Tax: $1,769/yr Rate: 0.74%
Highlands County
Tax: $1,295/yr Rate: 0.73%
Frequently Asked Questions
What is the average property tax in Palm Beach County, Florida? ▼
The median annual property tax in Palm Beach County is $3,600 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.88% on a median home value of $407,300.
How does Palm Beach County property tax compare to the national average? ▼
Property taxes in Palm Beach County are 87% above the national average of $1,923. The effective rate of 0.88% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Palm Beach County? ▼
In Palm Beach County, homeowners with a mortgage pay a median of $3,871 in annual property taxes, while homeowners without a mortgage pay $3,209. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Palm Beach County? ▼
Property taxes in Palm Beach County represent approximately 4.4% of the median household income of $81,115. 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.