Indian River County Property Taxes
Indian River County, Florida
Effective Tax Rate
0.00%
21.4% above state avgMedian Annual Tax
$0
$191/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.73%
At a Glance
Median Home Value
$314,700
State avg ▲ $257,245
Tax w/ Mortgage/yr
$2,233
$186/mo escrow
Tax w/o Mortgage/yr
$2,351
$196/mo
State Tax Rate Rank
#29
of 67 counties (1 = lowest)
Data Story
About Property Taxes in Indian River County, Florida
Indian River's rate runs below national mean
Indian River County's 0.727% effective tax rate sits about 21% below the national median of 0.92%, positioning it among America's lighter-taxed counties. With a median property tax of $2,288, residents pay 15% less than the national median of $2,690.
Just below Florida's statewide average rate
Indian River County's 0.727% rate sits nearly even with Florida's 0.731% state average, placing it squarely in the middle of the state's 67 counties. Its $2,288 median tax remains $403 below Florida's $1,885 average.
Competitive Space Coast tax profile
Indian River's 0.727% rate aligns closely with Hernando (0.720%) and Highlands (0.728%), the most comparable peers in our sample. It underperforms larger Hillsborough (0.836%) but beats rural counties like Holmes (0.520%) and Jackson (0.549%).
Annual tax on $314.7K median property
An Indian River County homeowner with the county's $314,700 median-valued home pays approximately $2,288 per year in property taxes. With mortgage-related assessments, that total reaches roughly $2,233 annually.
Higher values mean bigger appeal savings
Indian River County's higher median home values mean overassessment errors carry larger dollar impacts. Residents should request a free property valuation review if local real estate sales suggest their assessed value lags behind fair market value.
Tax Rate Details
Understanding Millage Rates in Indian River 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.
Indian River County has an effective property tax rate of 0.73%, resulting in a median annual tax bill of $2,288. Use the calculator above to estimate your property tax based on Indian River County's current rate, or contact the Indian River County tax assessor's office for the exact millage rate breakdown for your property.
How Indian River County Compares
Median Annual Property Tax
Indian River County
0.73%
Effective rate
Florida Avg
0.73%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Indian River County, Florida?
What is the millage rate in Indian River County, Florida?
How much are property taxes in Indian River County?
How does Indian River County compare to the Florida average?
What is the median home value in Indian River County, Florida?
Is Indian River County a low property tax area in Florida?
How does Indian River County rank for property taxes in Florida?
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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.