Property Tax & Income in Suwannee County, Florida
Suwannee County has an effective property tax rate of 0.71%. On the median home value of $171,600, that's roughly $1,213 per year. Median household income is $56,658.
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 | Suwannee County | Florida (state context) |
|---|---|---|
| Effective property tax rate1 | 0.71% | 0.72% |
| Median home value1 | $171,600 | — |
| 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 Suwannee County, FL
In Suwannee County, Florida, the median home value of $171,600 pairs with an effective property tax rate of 0.707%, yielding a median annual bill of $1,213. That rate sits below Florida's statewide median of 0.720%, and the county ranks 36th of 67 on this measure. It also trails the national median of 0.794%. Households here earn a median of $56,658, with per-capita income at $27,246. For buyers weighing affordability, the combination of below-average home prices and a tax rate under the state figure means carrying costs stay comparatively contained. Live Oak, the largest community among the county's principal towns, anchors the area alongside Mc Alpin and O Brien. Someone moving here from a pricier market would likely find both the purchase price and the ongoing tax obligation easier to absorb than in many other parts of Florida or the country.