Property Tax & Income in Marion County, Florida
Marion County has an effective property tax rate of 0.74%. On the median home value of $243,100, that's roughly $1,806 per year. Median household income is $61,010.
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 | Marion County | Florida (state context) |
|---|---|---|
| Effective property tax rate1 | 0.74% | 0.72% |
| Median home value1 | $243,100 | — |
| 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 Marion County, FL
Marion County’s effective property tax rate of 0.743% sits slightly above Florida’s statewide median of 0.720%, placing it 28th among the state’s 67 counties. That ranking lands the county in the middle of the pack, with a rate that runs a bit heavier than what a typical Florida jurisdiction charges. Against the national median of 0.794%, however, Marion County comes in below average, so homeowners here pay less than what many Americans face. On a median home value of $243,100, the annual real-estate tax bill works out to $1,806. With median household income at $61,010 and per-capita income of $33,539, that levy amounts to roughly three percent of a household’s yearly earnings. Ocala, the county’s largest city, anchors a market where property taxes lean just past Florida’s norm but stay under the country’s.