Lake County Property Taxes

Lake County, Florida

Effective Tax Rate

0.00%

21.2% above state avg

Median Annual Tax

$0

$190/mo escrow

#49 of 67 counties in Florida

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.79%

vs. Florida Avg21.2% above
vs. National Avg15.1% below

At a Glance

Median Home Value

$287,900

State avg $257,245

Tax w/ Mortgage/yr

$2,560

$213/mo escrow

Tax w/o Mortgage/yr

$1,840

$153/mo

State Tax Rate Rank

#49

of 67 counties (1 = lowest)

Data Story

About Property Taxes in Lake County, Florida

Lake County taxes slightly above national average

Lake County's effective tax rate of 0.793% exceeds the national median of 0.71%, and its median tax bill of $2,284 sits below the national median of $2,690. This positions Lake as a moderate-tax county—higher than rural Florida but more affordable than many suburban markets nationally.

Middle of the pack in Florida

Lake County's effective rate of 0.793% runs above Florida's 0.731% average, ranking it in the upper-middle tier statewide. Its median tax of $2,284 exceeds the state median of $1,885 by roughly 21%, reflecting stronger property values rather than aggressive tax policy.

Higher than rural counties, lower than booming coasts

Lake's 0.793% rate exceeds Lafayette (0.646%) and Levy (0.648%), but trails the coastal growth corridors of Lee (0.827%) and Manatee (0.793%). Its median tax of $2,284 places it in the middle of the region, reflecting the county's mix of retiree communities and suburban development.

Typical annual tax on Lake properties

A homeowner with a median-valued home of $287,900 pays approximately $2,284 in annual property taxes—roughly $190 per month. Those with mortgages typically see an additional $276 added to their annual payment, reaching $2,560 total.

Appeal if your assessment feels high

Even stable counties like Lake experience assessment errors; overassessed homeowners can file formal value appeals to reduce their tax burden. With median homes valued near $288,000, even a modest appeal could save hundreds in annual taxes.

Tax Rate Details

Understanding Millage Rates in Lake 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.

Lake County has an effective property tax rate of 0.79%, resulting in a median annual tax bill of $2,284. Use the calculator above to estimate your property tax based on Lake County's current rate, or contact the Lake County tax assessor's office for the exact millage rate breakdown for your property.

How Lake County Compares

Median Annual Property Tax

Lake County$2,284
Florida State Average$1,885
National Average$1,924

Lake County

0.79%

Effective rate

Florida Avg

0.73%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Lake County, Florida?
The effective property tax rate in Lake County, Florida is 0.79%. 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 Lake 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. Lake County has an effective property tax rate of 0.79%, which translates to a median annual tax bill of $2,284. To find the exact millage rate breakdown for your property, check with the Lake County tax assessor's office.
How much are property taxes in Lake County?
The median annual property tax payment in Lake County is $2,284. Homeowners with a mortgage pay a median of $2,560, while those without a mortgage pay $1,840.
How does Lake County compare to the Florida average?
Lake County's effective tax rate of 0.79% is higher than the Florida state average of 0.73%. The median annual property tax in Lake County is $2,284, compared to the state average of $1,885.
What is the median home value in Lake County, Florida?
The median home value in Lake County, Florida is $287,900, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Lake County property tax rate higher than the Florida average?
Lake County's effective property tax rate of 0.79% is higher than the Florida average of 0.73%. This difference of 0.06% 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 Lake County rank for property taxes in Florida?
Lake County ranks #49 out of 67 counties in Florida by effective property tax rate (1 = lowest). With a rate of 0.79% and median annual tax of $2,284, 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.