In Miami-Dade County, Florida the effective property tax rate is 0.83%. The median homeowner pays $3,516 a year in real estate taxes on a home with a median value of $425,400. That rate is the 12th highest of the 67 Florida counties with published data, and the 1573rd highest of 3,132 counties in the United States.
Property tax in Miami-Dade County
The effective rate is the median real estate tax paid divided by the median home value. The Florida statewide average is 0.79%, so Miami-Dade County is above it. Applying this county's rate to other home prices gives a rough idea of the yearly bill; actual bills depend on the school district, exemptions and the assessed value.
| Home value | Estimated tax per year | Per month |
|---|---|---|
| $200,000 | $1,660 | $138 |
| $300,000 | $2,490 | $208 |
| $400,000 | $3,320 | $277 |
| $425,400 (county median) | $3,520 | $293 |
| $500,000 | $4,150 | $346 |
Home values and incomes
The median home value is $425,400 (4th highest in Florida, 183rd highest nationally) and the median household income is $68,694. Homes cost about 6.2 times a typical household's yearly income. Median gross rent is $1,731 a month. 52.2% of occupied homes are owner-occupied. Homeowners with a mortgage pay a median of $3,168 a year for insurance. For comparison, the Florida statewide median home value is $375,361.
Counties near Miami-Dade County in the Florida property tax ranking
| County | Effective rate | Median home value |
|---|---|---|
| DeSoto County | 0.87% | $151,500 |
| Hillsborough County | 0.84% | $333,300 |
| Lee County | 0.83% | $326,300 |
| Miami-Dade County | 0.83% | $425,400 |
| Sumter County | 0.83% | $356,000 |
| Leon County | 0.82% | $279,800 |
| Martin County | 0.81% | $386,500 |
Frequently asked questions
What is the property tax rate in Miami-Dade County, Florida?
The effective property tax rate is 0.83% of home value per year, the 12th highest of 67 counties in Florida (Census ACS 2023 5-year estimates).
How much is property tax on a $300,000 home in Miami-Dade County?
At the county's effective rate of 0.83%, about $2,490 a year (roughly $208 a month). Your actual bill depends on the assessed value, your school district and exemptions.
What is the median home value in Miami-Dade County?
The median home value is $425,400 (Census ACS 2023 5-year estimates, owner-occupied homes).
What is the median household income in Miami-Dade County?
The median household income is $68,694 (Census ACS 2023 5-year estimates).