Property Tax & Income in Collier County, Florida
Collier County has an effective property tax rate of 0.63%. On the median home value of $540,700, that's roughly $3,386 per year. Median household income is $90,045.
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 | Collier County | Florida (state context) |
|---|---|---|
| Effective property tax rate1 | 0.63% | 0.72% |
| Median home value1 | $540,700 | — |
| 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 Collier County, FL
Buying in Collier County means weighing a higher-than-average home price against a tax bill that stays comparatively contained. The median home value here sits at $540,700, and the resulting annual property tax comes to about $3,386. That works out to an effective rate of 0.626%, which lands below Florida's statewide median of 0.720% and well under the national figure of 0.794%. Within Florida, Collier ranks 50th of 67 counties for property tax rate. Households earning the median income of $90,045 would devote a smaller share of earnings to real-estate taxes than many Floridians pay. Naples anchors the county, with Bonita Springs and Copeland also among its communities. Per-capita income reaches $62,079. The trade-off is clear: you pay more upfront for a home, but the ongoing tax cost is gentler than in most of the state.