Hillsborough County Property Taxes

Hillsborough County, Florida

Effective Tax Rate

0.00%

47.9% above state avg

Median Annual Tax

$0

$232/mo escrow

#57 of 67 counties in Florida

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.84%

vs. Florida Avg47.9% above
vs. National Avg3.6% above

At a Glance

Median Home Value

$333,300

State avg $257,245

Tax w/ Mortgage/yr

$3,154

$263/mo escrow

Tax w/o Mortgage/yr

$2,106

$176/mo

State Tax Rate Rank

#57

of 67 counties (1 = lowest)

Data Story

About Property Taxes in Hillsborough County, Florida

Hillsborough taxes rank above U.S. median

Hillsborough County's 0.836% effective tax rate exceeds the national median of 0.92% by a small margin, placing it in the upper third of taxed U.S. counties. Homeowners here pay a median of $2,787 annually—the highest among our eight counties—against a national median of $2,690.

Florida's 5th-largest county taxes highest here

Hillsborough's 0.836% rate tops Florida's statewide average of 0.731% by about 14%, ranking it among the state's higher-taxed counties. The $2,787 median property tax exceeds the state average by $902.

Steeper taxes than all regional competitors

Hillsborough's 0.836% rate outpaces every comparable county in this sample, from Hernando (0.720%) and Highlands (0.728%) to Hendry (0.801%). This reflects the county's larger, more urbanized economy and higher property values.

Tax bill on median $333K home annually

A Hillsborough County homeowner with the county's $333,300 median-valued home pays approximately $2,787 per year in property taxes. Including mortgage-related assessments, the total reaches roughly $3,154.

Higher taxes make appeals more valuable

In a county with above-average tax rates, even a small assessment error can cost hundreds of dollars yearly. Hillsborough residents should particularly consider requesting a free property appraisal review if they believe their home's listed value is inflated.

Tax Rate Details

Understanding Millage Rates in Hillsborough 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.

Hillsborough County has an effective property tax rate of 0.84%, resulting in a median annual tax bill of $2,787. Use the calculator above to estimate your property tax based on Hillsborough County's current rate, or contact the Hillsborough County tax assessor's office for the exact millage rate breakdown for your property.

How Hillsborough County Compares

Median Annual Property Tax

Hillsborough County$2,787
Florida State Average$1,885
National Average$1,924

Hillsborough County

0.84%

Effective rate

Florida Avg

0.73%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Hillsborough County, Florida?
The effective property tax rate in Hillsborough County, Florida is 0.84%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
What is the millage rate in Hillsborough County, Florida?
The millage rate (also called mill rate) is the property tax rate expressed as dollars per $1,000 of assessed property value. In Florida, property taxes are calculated by multiplying your assessed property value by the total millage rate, which includes levies from the county, city, school district, and special districts. Hillsborough County has an effective property tax rate of 0.84%, which translates to a median annual tax bill of $2,787. To find the exact millage rate breakdown for your property, check with the Hillsborough County tax assessor's office.
How much are property taxes in Hillsborough County?
The median annual property tax payment in Hillsborough County is $2,787. Homeowners with a mortgage pay a median of $3,154, while those without a mortgage pay $2,106.
How does Hillsborough County compare to the Florida average?
Hillsborough County's effective tax rate of 0.84% is higher than the Florida state average of 0.73%. The median annual property tax in Hillsborough County is $2,787, compared to the state average of $1,885.
What is the median home value in Hillsborough County, Florida?
The median home value in Hillsborough County, Florida is $333,300, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Hillsborough County property tax rate higher than the Florida average?
Hillsborough County's effective property tax rate of 0.84% is higher than the Florida average of 0.73%. This difference of 0.10% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Hillsborough County rank for property taxes in Florida?
Hillsborough County ranks #57 out of 67 counties in Florida by effective property tax rate (1 = lowest). With a rate of 0.84% and median annual tax of $2,787, it falls in the upper third of counties statewide.

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.