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Florida · County property tax · ACS 2024

Indian River County Property Taxes

The median homeowner in Indian River County pays $2,436 a year, an effective rate of 0.69%, notably higher than the U.S. average.

$2,436
Median tax / yr · Above-median bill
0.69%
Effective rate · Below-median rate
+22%
vs U.S. average
#39 of 67
rank in FL

The verdict

Homeowners in Indian River County pay a median $2,436 a year in property tax, an effective rate of 0.69%, more affordable than 61% of U.S. counties (Census ACS 2024).

$2,436
Median annual tax bill, 2024
0.69%
Effective rate on median home
#1228 of 3135
U.S. counties by tax burden
+22%
vs the national average bill

Effective rate is the median property tax bill divided by the median home value ($351,500). U.S. Census Bureau, ACS 5-Year Estimates · 2024.

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Census Bureau ACS property tax data for Florida. Population: 166,936. Owner-occupied homes: 56,735.

The median annual property tax in Indian River County is $2,436, which is 11% lower than the Florida state average and 22% above the national average. The effective tax rate is 0.69% on a median home value of $351,500. Property taxes represent 3.3% of the median household income in this county.

Indian River County's rate standing among U.S. counties

Primary signal

The effective rate sits near the national middle

Indian River County's 0.69% effective rate sits near the middle of 3,135 tracked counties (more affordable than 61%).

Decision signal 2

The bill is near the usual comparison points

Homeowners in Indian River County pay a median annual property tax of $2,436, notably higher than the national median and notably lower than the Florida state median. On a $351,500 median home, that works out to an effective rate of 0.69% once the local assessment base and millage are combined.

Decision signal 3

Near the middle of Florida counties by effective rate

Indian River County ranks #39 of 67 counties in Florida by effective rate (42% of in-state counties pay a lower rate).

Decision signal 4

Income and the tax bill sit in the middle band

Property taxes in Indian River County run within the commonly cited 2%-4% national benchmark, at about 3.3% of the $73,491 median household income.

Informational notice

Figures describe the median homeowner household in Indian River County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.

Most of the market's rise reached the bill

The effective rate here moved 12.1% down between 2020 and 2024, a smaller shift than in 50% of U.S. counties. With the median home value rose 59.3%, the median bill rose 39.9% to $2,436: the rate did comparatively little to offset the market.

Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.

Median Annual Tax
$2,436
Above-median bill
-11% vs State +22% vs US
Median Home Value
$351,500
-2% vs State +54% vs US
Effective Tax Rate
0.69%
Below-median rate
-9% vs State -25% vs US

How to read this county's bill

The bill here climbed steeply over 2020-2024, up 40% from $1,741 to $2,436. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.

The heaviest band is also the fullest one here: 21,334 of 56,735 owner-occupied homes (37.6%) report annual real-estate taxes above $3,000. That band has no upper edge in the source, so the county median understates the burden carried by the plurality rather than describing it.

Above-median earnings meet a slightly-below-median rate, and the median bill amounts to 3.3% of median household income. That is the comfortable middle of this dataset, and comfortable middles are easy to overlook when only rankings get published.

The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.

What Indian River County Homeowners Actually Pay

The single largest group of Indian River County homeowners, 21,334 of 56,735 owner-occupied homes (37.6%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.

  • Less than $800 14.7% (8,350)
  • $800 to $1,499 15.1% (8,568)
  • $1,500 to $1,999 10.1% (5,713)
  • $2,000 to $2,999 17.9% (10,181)
  • $3,000 or more 37.6% (21,334)

Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.

2,589 homes here (4.6%) report no real estate tax at all. Exemptions are set by state: how Florida handles assessments and appeals.

With vs Without Mortgage

With Mortgage
$2,363
$197/mo
Without Mortgage
$2,512
$209/mo

Mortgaged and non-mortgaged homeowners in Indian River County pay about the same bill, within a 6% gap either way.

Indian River County's effective rate vs peers

Effective property tax rate (median tax ÷ median home value), ACS 2024.

Indian River County 0.69%
Florida average 0.76%
U.S. average 0.92%

Indian River County's effective rate is higher than 42% of the 67 counties in Florida - ranking #39 of 67.

Where Indian River County sits among every U.S. county

Effective property tax rate (median tax ÷ median home value)

0.69% Among the most affordable more affordable than 61% of 3,135 U.S. counties

Show national distribution This county 0.00% 4.00% every U.S. county, bucketed by value

Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2024

What changed since 2020

The median bill in Indian River County moved from $1,741 in the 2020 release to $2,436 in 2024, a change of about 40%. These are American Community Survey 5-year estimates compared across releases that share only one sample year, which is why this page never compares consecutive releases: those overlap in four years of the same households and move mostly on sampling.

Indian River County vs Benchmarks

Metric Indian River County Florida Avg U.S. Avg
Median Annual Tax Above-median bill $2,436 $2,730 $1,993
Effective Tax Rate Below-median rate 0.69% 0.76% 0.92%
Median Home Value $351,500 $359,000 $227,791
Tax as % of income Above-median income burden 3.3% - -

Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.

Indian River County is QUIET · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Florida counties.

Indian River County rate trail · QUIET

$1,600$1,800$2,000$2,200$2,400$2,600 20202021202220232024 $2,436
Indian River County ACS median tax 2020–2024: +40% ($1,741 → $2,436).
Year Median Tax (vs prior release) Effective Rate
2024 $2,436 +6.5% 0.69%
2023 $2,288 +9.5% 0.73%
2022 $2,090 +10.5% 0.73%
2021 $1,892 +8.7% 0.78%
2020 $1,741 0.79%

Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.

Indian River County: tax-to-income at 3.3%

Tax-to-Income Ratio
3.3%
of median household income
Median Income
$73,491
per year
Monthly Tax
$203
per month

Counties near Indian River County's effective rate

On effective rate, Indian River County sits nearest Sierra County (CA), Shasta County (CA), Napa County (CA).

On published median-tax change, the nearest matches are Currituck County (NC), Walsh County (ND), Calhoun County (TX).

How peers are chosen

These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.

Indian River County: only 7% of returns show Schedule A real-estate tax

Tax year 2022: 6,390 of 86,430 returns from Indian River County reported real estate taxes, averaging $15,815 - 48% of those reporters sat in the $200k+ AGI band.

What this IRS county file does not say

Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.

Other Counties in Florida

View all counties in Florida →

Indian River County rate FAQs

What is the tax affordability score for Indian River County?
Indian River County, Florida scores D (46/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is mortgage premium at A+ ($-149). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
What is the average property tax in Indian River County, Florida?
The median annual property tax in Indian River County is $2,436, an effective rate of 0.69% on a $351,500 median home (Census ACS, 2024).
Are property taxes increasing in Indian River County?
The ACS median property-tax bill for Indian River County jumped 39.9% between the 2020 and 2024 5-year releases, from $1,741 to $2,436, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
How does Indian River County property tax compare to the national average?
Property taxes in Indian River County run notably higher than the national median of $1,993, an effective rate of 0.69% versus 0.92% nationally.
What percentage of income goes to property taxes in Indian River County?
Property taxes in Indian River County run within the commonly cited 2%-4% national benchmark, at about 3.3% of the $73,491 median household income.

What to do with Indian River County's QUIET rate

At Indian River County's 0.69% effective rate, a $351,500 home implies about $2,436/yr - plug in your own assessed value rather than quoting the county median. Estimate your bill →

Indian River County ranks #39 of 67 Florida counties by effective rate - on the lower-burden half of the state ACS set. Florida overview →

Nationwide peers by effective rate (then bill)

Rate-first peers for Indian River County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.

Similar effective rate

Nearest out-of-state counties by ACS effective rate. This county: 0.69%.

Similar median bill

Nearest out-of-state counties by ACS median annual tax. This county: $2,436/yr. Rate peers are excluded so the two link sets stay distinct.

Read with Indian River County

Nearest ABS(median_tax) ACS peers for Indian River County (QUIET · MID), replacing the old fixed Keep exploring strip.

QUIET MID

Data vintage and method

Data as of 2024. 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.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Indian River County (QUIET · MID) - ACS medians, not a parcel bill.