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Homestead, Florida property tax

Median property tax, home value and effective rate (Census 2020–2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
1.03%

Homeowners in Homestead, Florida paid a median $3,928 a year in property tax on a median home worth $380,000, an effective rate of about 1.03% (Census 2020–2024).

Census ACS 2020–2024 5-year medians

#570 lowest of 591Florida places we cover

0.81%Miami-Dade County overall
Median tax paid
$3,928
per year, 2020–24
Median home value
$380,000
owner-occupied
Effective rate
1.03%
tax ÷ value
Tax vs. income
6.0%
of $65,423 median household income
Owner costs
$2,237/mo
median with a mortgage, incl. tax & insurance

Homestead vs county, state and US

Effective rate

Homestead1.03%
Miami-Dade County0.81%
Florida0.76%
United States0.94%

Median tax paid per year

Homestead$3,928
Miami-Dade County$3,744
Florida$2,730
United States$3,119

Tax on a home in Homestead

At the local 1.03% effective rate

Home valueEstimated yearly taxPer month
$150,000$1,551$129
$250,000$2,584$215
$350,000$3,618$301
$500,000$5,168$431

Buying a home in Miami-Dade County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Homestead, Florida?

Homeowners in Homestead, Florida paid a median $3,928 a year in property tax on a median home worth $380,000, an effective rate of about 1.03% (Census 2020–2024).

How much is property tax on a $250,000 home in Homestead?

About $2,584 a year at the 1.03% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Homestead higher than the rest of Florida?

Homestead ranks #570 lowest of 591 Florida places we track. The statewide effective rate is 0.76%. Miami-Dade County overall is 0.81%.