Property Tax & Income in Broward County, Florida
Broward County has an effective property tax rate of 0.94%. On the median home value of $414,600, that's roughly $3,890 per year. Median household income is $77,633.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Broward County | Florida (state context) |
|---|---|---|
| Effective property tax rate1 | 0.94% | 0.72% |
| Median home value1 | $414,600 | — |
| State income tax3 | No state income tax | No state income tax |
| State sales tax3 | 6.98% combined | 6.98% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Broward County, FL
Broward County’s effective property tax rate of 0.938% sits well above Florida’s statewide median of 0.720%, and it also exceeds the national median of 0.794%. That gap places the county second among all 67 Florida counties for property tax rate, a ranking that reflects how heavily local levies weigh on homeowners here. The median home value of $414,600 generates an annual real-estate tax bill of about $3,890, a figure that takes a noticeable bite out of the median household income of $77,633. With per-capita income at $43,052, the tax load is meaningful across Fort Lauderdale, Pompano Beach, Hollywood, and the rest of the county. Buyers comparing South Florida to other markets should expect property taxes to run higher than both state and national norms, which can shape affordability and long-term ownership costs.