Property Tax & Income in Gulf County, Florida
Gulf County has an effective property tax rate of 0.63%. On the median home value of $250,000, that's roughly $1,578 per year. Median household income is $61,179.
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 | Gulf County | Florida (state context) |
|---|---|---|
| Effective property tax rate1 | 0.63% | 0.72% |
| Median home value1 | $250,000 | — |
| 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 Gulf County, FL
In Gulf County, Florida, buying a home comes with a lighter tax load than much of the state. The median property value sits at $250,000, and the annual real-estate tax bill on that home runs about $1,578, based on an effective rate of 0.631%. That rate falls under Florida's statewide median of 0.720% and well beneath the national figure of 0.794%. Among the state's 67 counties, Gulf County ranks 48th by property tax rate. Households here earn a median of $61,179, with per-capita income at $37,156. Wewahitchka is the principal town within the county. For a buyer weighing affordability, home prices stay moderate while the tax rate itself is comparatively gentle, which can ease the yearly cost of ownership.