Property Tax & Income in Martin County, Florida
Martin County has an effective property tax rate of 0.77%. On the median home value of $432,200, that's roughly $3,322 per year. Median household income is $82,943.
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 | Martin County | Florida (state context) |
|---|---|---|
| Effective property tax rate1 | 0.77% | 0.72% |
| Median home value1 | $432,200 | — |
| 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 Martin County, FL
Buying in Martin County means weighing a higher-than-average tax rate against home values that sit below many of Florida's pricier coastal markets. The county's effective property tax rate of 0.769% edges past the statewide median of 0.720%, ranking it 19th of 67 counties, though it still lands under the national median of 0.794%. On a median home value of $432,200, that rate yields an annual tax bill of about $3,322. With median household income at $82,943 and per-capita income of $53,291, the tax load stays within reach for many buyers. Stuart, the largest city here, along with Jupiter and Hobe Sound, anchors a market where taxes run a bit above Florida's norm but below what many buyers nationwide pay.