Lafayette County Property Taxes
Lafayette County, Florida
Effective Tax Rate
0.00%
54.9% below state avgMedian Annual Tax
$0
$71/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.65%
At a Glance
Median Home Value
$131,600
State avg ▼ $257,245
Tax w/ Mortgage/yr
$1,125
$94/mo escrow
Tax w/o Mortgage/yr
$665
$55/mo
State Tax Rate Rank
#18
of 67 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Lafayette County, Florida
Lafayette's tax rate trails the nation
At 0.646%, Lafayette County's effective property tax rate sits well below the national median of 0.71%, placing it in the bottom third nationally. The median tax bill here is just $850 annually—roughly 32% less than the national median of $2,690—making it one of Florida's most affordable counties for property owners.
Among Florida's least-taxed counties
Lafayette ranks as one of the lowest-tax counties in Florida, with an effective rate of 0.646% compared to the state average of 0.731%. Its median tax of $850 is less than half the state median of $1,885, giving it a significant cost-of-living advantage.
Lowest taxes in the north-central region
Lafayette's 0.646% rate outpaces nearby Levy County (0.648%) and trails only Liberty and Madison counties in the north-central area. The county's $850 median tax is substantially lower than Lake County's $2,284 and Lee County's $2,699, making it a tax haven for rural property owners.
What you'll pay on a typical home
A homeowner with a median-valued property of $131,600 pays roughly $850 annually in property taxes at Lafayette's current rate. This low burden—just $71 per month—reflects both the county's modest home values and below-average tax rate.
Check if your assessment is fair
Even in low-tax counties, property assessments can be inaccurate; many homeowners are overassessed and eligible for appeals. If you believe your home's assessed value doesn't match the market, Lafayette County allows formal challenges that could reduce your annual tax bill.
Tax Rate Details
Understanding Millage Rates in Lafayette 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.
Lafayette County has an effective property tax rate of 0.65%, resulting in a median annual tax bill of $850. Use the calculator above to estimate your property tax based on Lafayette County's current rate, or contact the Lafayette County tax assessor's office for the exact millage rate breakdown for your property.
How Lafayette County Compares
Median Annual Property Tax
Lafayette County
0.65%
Effective rate
Florida Avg
0.73%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Lafayette County, Florida?
What is the millage rate in Lafayette County, Florida?
How much are property taxes in Lafayette County?
How does Lafayette County compare to the Florida average?
What is the median home value in Lafayette County, Florida?
Is Lafayette County a low property tax area in Florida?
How does Lafayette 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.