Bay County Property Taxes
Bay County, Florida
Effective Tax Rate
0.00%
12.3% below state avgMedian Annual Tax
$0
$138/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.60%
At a Glance
Median Home Value
$276,900
State avg ▲ $257,245
Tax w/ Mortgage/yr
$1,845
$154/mo escrow
Tax w/o Mortgage/yr
$1,368
$114/mo
State Tax Rate Rank
#12
of 67 counties (1 = lowest)
Data Story
About Property Taxes in Bay County, Florida
Bay County keeps taxes moderate
Bay's effective tax rate of 0.597% falls notably below the national median of 0.73%, placing it near the 35th percentile nationally. The median property tax of $1,653 runs $1,037 below the national median despite home values nearly matching the national average.
Bay ranks among Florida's lowest
Bay County's 0.597% effective rate sits well below Florida's state average of 0.731%. Homeowners pay a median of $1,653 in annual taxes, nearly $230 less than the state average of $1,885.
Bay and Calhoun compete for lowest
Bay's 0.597% rate edges out several North Florida neighbors, including Alachua (0.983%) and Bradford (0.567%). Only Calhoun County undercuts Bay slightly at 0.554%, making this region a tax-conscious haven.
Your annual tax bill in Bay
On a median home value of $276,900, Bay residents pay approximately $1,653 in annual property taxes. With mortgage-related expenses factored in, the total bill reaches roughly $1,845 per year.
Review your assessment for savings
Some Bay County homeowners still overpay due to inflated assessments from recent market shifts. Filing an informal appeal with the Property Appraiser is cost-free and could uncover additional tax savings.
Tax Rate Details
Understanding Millage Rates in Bay County
In Florida, property taxes are expressed as a millage rate (also called a mill rate). One mill equals $1 of tax for every $1,000 of assessed property value. Your total property tax bill is determined by adding together the millage rates set by the county, city or municipality, school district, and any special districts.
In Florida, property is assessed at just value (market value), but homestead exemptions can reduce taxable value by $50,000 or more. The millage rate is applied to the taxable value after exemptions. Florida counties, cities, school districts, and special districts each levy their own millage rates.
Bay County has an effective property tax rate of 0.60%, resulting in a median annual tax bill of $1,653. Use the calculator above to estimate your property tax based on Bay County's current rate, or contact the Bay County tax assessor's office for the exact millage rate breakdown for your property.
How Bay County Compares
Median Annual Property Tax
Bay County
0.60%
Effective rate
Florida Avg
0.73%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Bay County, Florida?
What is the millage rate in Bay County, Florida?
How much are property taxes in Bay County?
How does Bay County compare to the Florida average?
What is the median home value in Bay County, Florida?
Is Bay County a low property tax area in Florida?
How does Bay County rank for property taxes in Florida?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Florida
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.