Property Tax & Income in Hernando County, Florida
Hernando County has an effective property tax rate of 0.67%. On the median home value of $276,000, that's roughly $1,858 per year. Median household income is $66,058.
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 | Hernando County | Florida (state context) |
|---|---|---|
| Effective property tax rate1 | 0.67% | 0.72% |
| Median home value1 | $276,000 | — |
| 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 Hernando County, FL
Hernando County offers a relatively affordable entry point into Florida homeownership, with a median home value of $276,000 and an effective property tax rate of 0.673%. That rate sits below Florida's statewide median of 0.720% and well under the national figure of 0.794%, ranking the county 41st of 67 in the state. The resulting median annual tax bill comes to $1,858. With median household income at $66,058 and per-capita income of $34,458, buyers in Spring Hill, Brooksville, and Nobleton can expect housing costs that align with local earnings. Compared with many other parts of Florida, the combination of below-average home prices and a lower-than-average tax rate may ease the ongoing costs of ownership.