Okaloosa County Property Taxes
Okaloosa County, Florida
Effective Tax Rate
0.00%
3.3% above state avgMedian Annual Tax
$0
$162/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.60%
At a Glance
Median Home Value
$324,800
State avg ▲ $257,245
Tax w/ Mortgage/yr
$2,049
$171/mo escrow
Tax w/o Mortgage/yr
$1,773
$148/mo
State Tax Rate Rank
#14
of 67 counties (1 = lowest)
Data Story
About Property Taxes in Okaloosa County, Florida
Okaloosa offers tax relief vs national average
Okaloosa County's effective tax rate of 0.600% ranks among the lowest in the nation, providing substantial tax relief to homeowners compared to the national median. The county's median property tax of $1,948 falls well below the national median of $2,690, making it an attractive location for tax-conscious homeowners.
Okaloosa ranks among Florida's lowest-taxed
Okaloosa County's 0.600% effective rate is significantly below Florida's state average of 0.731%, placing it in the lower tier of the state's 67 counties. The median tax of $1,948 is just 3% above the state median despite higher-than-average property values, reflecting this county's favorable tax treatment.
Okaloosa outpaces regional tax burden
Okaloosa County's 0.600% rate is substantially lower than Orange County (0.780%), Marion County (0.751%), and all South Florida neighbors, making it one of Florida's most tax-friendly locations. Despite moderate property values of $324,800, residents here enjoy some of the state's lowest annual tax bills.
What Okaloosa homeowners actually pay
A homeowner with Okaloosa's median home value of $324,800 pays approximately $1,948 in annual property taxes at the county's 0.600% effective rate. With a mortgage, that bill rises to about $2,049 when accounting for escrow and related charges.
Verify your Okaloosa assessment carefully
Even in low-tax counties like Okaloosa, overassessments occur and create unnecessary tax bills over time. Review your property's assessed value against current market comparables and file a free appeal with the county property appraiser if you believe it's overstated.
Tax Rate Details
Understanding Millage Rates in Okaloosa 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.
Okaloosa County has an effective property tax rate of 0.60%, resulting in a median annual tax bill of $1,948. Use the calculator above to estimate your property tax based on Okaloosa County's current rate, or contact the Okaloosa County tax assessor's office for the exact millage rate breakdown for your property.
How Okaloosa County Compares
Median Annual Property Tax
Okaloosa 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 Okaloosa County, Florida?
What is the millage rate in Okaloosa County, Florida?
How much are property taxes in Okaloosa County?
How does Okaloosa County compare to the Florida average?
What is the median home value in Okaloosa County, Florida?
Is Okaloosa County a low property tax area in Florida?
How does Okaloosa 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.