Palm Beach County Property Taxes
Palm Beach County, Florida
Effective Tax Rate
0.00%
91% above state avgMedian Annual Tax
$0
$300/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.88%
At a Glance
Median Home Value
$407,300
State avg ▲ $257,245
Tax w/ Mortgage/yr
$3,871
$323/mo escrow
Tax w/o Mortgage/yr
$3,209
$267/mo
State Tax Rate Rank
#61
of 67 counties (1 = lowest)
Data Story
About Property Taxes in Palm Beach County, Florida
Palm Beach taxes well above national norm
At 0.884%, Palm Beach County's effective tax rate ranks among the highest in the nation, significantly exceeding the national median of 0.71%. The median property tax of $3,600 tops the national median of $2,690 by 34%, reflecting both high home values ($407,300) and a punchy tax rate.
Florida's most expensive county to own
Palm Beach's 0.884% effective rate is the highest in Florida, nearly 21% above the state average of 0.731%. The median annual tax of $3,600 is nearly double the statewide median of $1,885.
Far pricier than Broward and Miami-Dade
Palm Beach County's tax burden is substantially steeper than most South Florida peers, driven by a combination of high assessments and aggressive millage rates. Homeowners here pay a premium for the county's exclusive real estate market.
Plan for $3,600 annually on median home
The median Palm Beach home valued at $407,300 carries an annual property tax bill of approximately $3,600. With a mortgage, that figure rises to $3,871 when additional assessments are factored in.
Appeals can uncover significant savings
In high-value markets like Palm Beach, even small percentage reductions in assessed value translate to substantial tax savings. Homeowners should review their property appraiser's assessment and consider filing an appeal if comparable sales suggest overvaluation.
Tax Rate Details
Understanding Millage Rates in Palm Beach 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.
Palm Beach County has an effective property tax rate of 0.88%, resulting in a median annual tax bill of $3,600. Use the calculator above to estimate your property tax based on Palm Beach County's current rate, or contact the Palm Beach County tax assessor's office for the exact millage rate breakdown for your property.
How Palm Beach County Compares
Median Annual Property Tax
Palm Beach County
0.88%
Effective rate
Florida Avg
0.73%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Palm Beach County, Florida?
What is the millage rate in Palm Beach County, Florida?
How much are property taxes in Palm Beach County?
How does Palm Beach County compare to the Florida average?
What is the median home value in Palm Beach County, Florida?
Why is Palm Beach County property tax rate higher than the Florida average?
How does Palm Beach 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.