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County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Florida Municipio, Puerto Rico

Florida Municipio has an effective property tax rate of 0.50%. On the median home value of $111,000, that's roughly $552 per year. Median household income is $22,332.

Effective Property Tax Rate1
0.50%
median tax $552 ÷ median home $111,000
Median Home Value1
$111,000
owner-occupied
Median Household Income1
$22,332
per-capita $12,320
Est. Annual Tax on Median Home1
$552
at 0.50% effective rate

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.

MetricFlorida MunicipioPuerto Rico (state context)
Effective property tax rate10.50%N/A
Median home value1$111,000—
State income tax3——
State sales tax3——

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 Florida Municipio, PR

In Florida Municipio, Puerto Rico, the median home is valued at $111,000, and the annual property tax on that home comes to about $552. With a median household income of $22,332, that tax bill equals roughly 2.5% of a household's yearly earnings. The local effective rate of 0.497% sits above Puerto Rico's statewide median of 0.389%, and the county ranks 19th out of 72 for property tax rate within the territory. Nationally, the median effective rate is 0.794%, so Florida Municipio's rate lands below that benchmark even as it exceeds the island's own. Per-capita income here is $12,320, which makes the $552 payment a meaningful slice of what each person earns. The gap between the county's rate and the state median shapes how much of every household's income flows toward property taxes each year.

Frequently asked questions

What is the property tax rate in Florida Municipio, PR?
The effective rate is 0.50% — meaning the median tax bill equals about 0.50% of the median home value.
How much are property taxes on a median home?
On the median home ($111,000), the estimated annual bill is about $552.
Is Florida Municipio's rate high or low?
Compare it to the state median of N/A and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Florida Municipio assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Florida Municipio assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.