Lake County, Florida Property Taxes
Census Bureau ACS property tax data for Florida. Population: 122,233.
The median annual property tax in Lake County is $2,284, which is 21% higher than the Florida state average and 19% above the national average. The effective tax rate is 0.79% on a median home value of $287,900. Property taxes represent 3.3% of the median household income in this county.
Median Annual Tax
$2,284
+21% vs State
+19% vs US
Median Home Value
$287,900
+12% vs State
+36% vs US
Effective Tax Rate
0.79%
+8% vs State
-17% vs US
With vs Without Mortgage
With Mortgage
$2,560
$213/mo
Without Mortgage
$1,840
$153/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 | $2,284 +7.2% | 0.79% |
| 2022 | $2,130 +12.2% | 0.81% |
| 2021 | $1,899 +7.3% | 0.85% |
| 2020 | $1,769 +6.3% | 0.87% |
| 2019 | $1,664 | 0.92% |
Tax Burden
Tax-to-Income Ratio
3.3%
of median household income
Median Income
$69,956
per year
Monthly Tax
$190
per month
Other Counties in Florida
Glades County
Tax: $1,163/yr Rate: 1.01%
Liberty County
Tax: $1,031/yr Rate: 0.88%
Bradford County
Tax: $1,022/yr Rate: 0.57%
Osceola County
Tax: $2,498/yr Rate: 0.79%
Pasco County
Tax: $2,028/yr Rate: 0.76%
Sumter County
Tax: $2,940/yr Rate: 0.83%
Frequently Asked Questions
What is the average property tax in Lake County, Florida? ▼
The median annual property tax in Lake County is $2,284 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.79% on a median home value of $287,900.
How does Lake County property tax compare to the national average? ▼
Property taxes in Lake County are 19% above the national average of $1,923. The effective rate of 0.79% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Lake County? ▼
In Lake County, homeowners with a mortgage pay a median of $2,560 in annual property taxes, while homeowners without a mortgage pay $1,840. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Lake County? ▼
Property taxes in Lake County represent approximately 3.3% of the median household income of $69,956. 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.