Hillsborough County, Florida Property Taxes
Census Bureau ACS property tax data for Florida. Population: 348,066.
The median annual property tax in Hillsborough County is $2,787, which is 48% higher than the Florida state average and 45% above the national average. The effective tax rate is 0.84% on a median home value of $333,300. Property taxes represent 3.7% of the median household income in this county.
Median Annual Tax
$2,787
+48% vs State
+45% vs US
Median Home Value
$333,300
+30% vs State
+58% vs US
Effective Tax Rate
0.84%
+15% vs State
-12% vs US
With vs Without Mortgage
With Mortgage
$3,154
$263/mo
Without Mortgage
$2,106
$176/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,787 +8.0% | 0.84% |
| 2022 | $2,581 +11.0% | 0.88% |
| 2021 | $2,326 +9.6% | 0.93% |
| 2020 | $2,123 +3.3% | 0.91% |
| 2019 | $2,055 | 0.95% |
Tax Burden
Tax-to-Income Ratio
3.7%
of median household income
Median Income
$75,011
per year
Monthly Tax
$232
per month
Other Counties in Florida
Nassau County
Tax: $2,558/yr Rate: 0.73%
Holmes County
Tax: $527/yr Rate: 0.52%
Bay County
Tax: $1,653/yr Rate: 0.60%
Orange County
Tax: $2,795/yr Rate: 0.78%
Glades County
Tax: $1,163/yr Rate: 1.01%
Osceola County
Tax: $2,498/yr Rate: 0.79%
Frequently Asked Questions
What is the average property tax in Hillsborough County, Florida? ▼
The median annual property tax in Hillsborough County is $2,787 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.84% on a median home value of $333,300.
How does Hillsborough County property tax compare to the national average? ▼
Property taxes in Hillsborough County are 45% above the national average of $1,923. The effective rate of 0.84% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Hillsborough County? ▼
In Hillsborough County, homeowners with a mortgage pay a median of $3,154 in annual property taxes, while homeowners without a mortgage pay $2,106. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Hillsborough County? ▼
Property taxes in Hillsborough County represent approximately 3.7% of the median household income of $75,011. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.