How to Calculate Property Taxes in Florida Based on Just Value

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Florida is known for its complicated property taxing system, which uses millage rates. A mill is equivalent to one tax dollar per $1,000 of taxable home value. Every county has its own millage rate, which can change from year to year. The Florida property tax system also offers exemptions for year-round homesteaders, widows, blind people, and disabled veterans. Property taxes are based on the value of the property itself, which is called ad valorem.

Go to your county appraiser's website. Florida makes its real estate information available and free to the public.

Find the link for looking up a property by address. Type in your home address to pull up your record.

Look for the just value number listed on the record. This number is set by the county assessors.

Look for any deductions, such as those for disabled individuals, widows, the blind, or for a homestead exemption. Subtract the deduction from your home's just value to find its taxable value. Also, subtract any assessment limits. This includes the save our homes amendment to the Florida constitution that limits annual increases in assessed property value.

Find your county's millage rate for county schools and for non-school taxing authorities. The numbers should be on your county's property appraiser website, or you can call the office directly. Multiply the deductions in Step 4 by the millage rate to find your school taxes. For example, if your home's taxable value is $250,000 and your county's school millage rate is seven, this is the formula: 250,000 x .007 = $1,750.

Multiply the taxable value of your home by the non-school taxing authorities' millage rate. For example, $250,000 x .011 = $2,750.

Add up the school taxes and the non-school taxes to get your total property tax bill. For example, $1,750 + $2,750 = $4,500.


  • You can dispute your tax bill if you have evidence that the just value is inaccurate.


About the Author

Susan Reynolds has been a writer since 2008. She holds a B.A. in English from the University of South Florida and is a licensed real estate agent in Florida.

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