Florida · County property tax · ACS 2024
Okaloosa County Property Taxes
The median homeowner in Okaloosa County pays $2,011 a year, an effective rate of 0.57%, roughly in line with the U.S. average.
- $2,011
- Median tax / yr · Above-median bill
- 0.57%
- Effective rate · Low rate
- +1%
- vs U.S. average
- #58 of 67
- rank in FL
The verdict
Homeowners in Okaloosa County pay a median $2,011 a year in property tax, an effective rate of 0.57%, more affordable than 75% of U.S. counties (Census ACS 2024).
- $2,011
- Median annual tax bill, 2024
- 0.57%
- Effective rate on median home
- #782 of 3135
- U.S. counties by tax burden
- +1%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($351,200). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Florida. Population: 216,599. Owner-occupied homes: 58,417.
The median annual property tax in Okaloosa County is $2,011, which is 26% lower than the Florida state average and 1% above the national average. The effective tax rate is 0.57% on a median home value of $351,200. Property taxes represent 2.5% of the median household income in this county.
Okaloosa County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Okaloosa County's 0.57% effective rate sits near the middle of 3,135 tracked counties (more affordable than 75%).
Decision signal 2
High among Florida counties by effective rate
Okaloosa County ranks #58 of 67 counties in Florida by effective rate (13% of in-state counties pay a lower rate).
Decision signal 3
The bill sits below the Florida median
Homeowners in Okaloosa County pay a median annual property tax of $2,011, roughly in line with the national median and well below the Florida state median. On a $351,200 median home, that works out to an effective rate of 0.57% once the local assessment base and millage are combined.
Decision signal 4
Income and the tax bill sit in the middle band
Property taxes in Okaloosa County run within the commonly cited 2%-4% national benchmark, at about 2.5% of the $81,998 median household income.
Informational notice
Figures describe the median homeowner household in Okaloosa 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.
A falling rate took the edge off
Okaloosa County's effective rate fell 15.8% across the 4-year span while its median home value rose 49.7%, leaving the median bill 26.1% higher at $2,011. That rate move is larger than the one in 67% of counties, so a good deal of the market's rise never reached the bill.
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.
How to read this county's bill
The bill here climbed steeply over 2020-2024, up 26% from $1,595 to $2,011. 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: 16,428 of 58,417 owner-occupied homes (28.1%) 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.
The most forgiving PAIRING in the data, top-quartile household income with a bottom-quartile effective rate, puts the median bill at 2.5% of median household income. Home values still drive the dollar figure, which is why the ratio above varies widely among counties that share this position.
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 Okaloosa County Homeowners Actually Pay
The single largest group of Okaloosa County homeowners, 16,428 of 58,417 owner-occupied homes (28.1%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.
- Less than $800 12.3% (7,165)
- $800 to $1,499 19.2% (11,232)
- $1,500 to $1,999 14.8% (8,639)
- $2,000 to $2,999 18.6% (10,842)
- $3,000 or more 28.1% (16,428)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
4,111 homes here (7.0%) report no real estate tax at all. Exemptions are set by state: how Florida handles assessments and appeals.
With vs Without Mortgage
In Okaloosa County, mortgaged homeowners pay 27% more than those without a mortgage, a gap that typically tracks higher home values rather than a different tax rate.
Okaloosa County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Okaloosa County's effective rate is higher than 13% of the 67 counties in Florida - ranking #58 of 67.
Where Okaloosa County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.57% Among the most affordable more affordable than 75% of 3,135 U.S. counties
Show national distribution
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 Okaloosa County moved from $1,595 in the 2020 release to $2,011 in 2024, a change of about 26%. 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.
Okaloosa County vs Benchmarks
| Metric | Okaloosa County | Florida Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Above-median bill | |||
| Effective Tax Rate Low rate | |||
| Median Home Value | |||
| Tax as % of income Below-median income burden | 2.5% | - | - |
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.
Okaloosa County is QUIET · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Florida counties.
Okaloosa County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $2,011 +3.2% | 0.57% |
| 2023 | $1,948 +7.1% | 0.60% |
| 2022 | $1,819 +12.1% | 0.62% |
| 2021 | $1,623 +1.8% | 0.65% |
| 2020 | $1,595 | 0.68% |
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.
Okaloosa County: tax-to-income at 2.5%
Counties near Okaloosa County's effective rate
On effective rate, Okaloosa County sits nearest Union County (AR), Jackson County (AR), Izard County (AR).
On published median-tax change, the nearest matches are Norman County (MN), Cass County (ND), Clay County (TN).
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.
Similar effective rates
Similar published median-tax changes, 2020–2024
Okaloosa County: only 5% of returns show Schedule A real-estate tax
Tax year 2022: 5,430 of 109,410 returns from Okaloosa County reported real estate taxes, averaging $6,037 - 38% 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
Okaloosa County rate FAQs
- What is the average property tax in Okaloosa County, Florida?
- The median annual property tax in Okaloosa County is $2,011, an effective rate of 0.57% on a $351,200 median home (Census ACS, 2024).
- What is the tax affordability score for Okaloosa County?
- Okaloosa County, Florida scores D (49/100) 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 rate relief at B+ (0.57%). 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.
- How does Okaloosa County property tax compare to the national average?
- Property taxes in Okaloosa County run roughly in line with the national median of $1,993, an effective rate of 0.57% versus 0.92% nationally.
- Are property taxes increasing in Okaloosa County?
- The ACS median property-tax bill for Okaloosa County jumped 26.1% between the 2020 and 2024 5-year releases, from $1,595 to $2,011, 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.
- What percentage of income goes to property taxes in Okaloosa County?
- Property taxes in Okaloosa County run within the commonly cited 2%-4% national benchmark, at about 2.5% of the $81,998 median household income.
What to do with Okaloosa County's QUIET rate
Inside Florida, Okaloosa County's $2,011 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. Florida overview →
Okaloosa County ranks #58 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 Okaloosa 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: 0.57%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $2,011/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Okaloosa County
Nearest ABS(median_tax) ACS peers for Okaloosa County (QUIET · MID), replacing the old fixed Keep exploring strip.
QUIET MID
Cache County, UT
ABS(median_tax) peer · tied with Okaloosa County at $2,011/yr; rate 0.45% vs Okaloosa County 0.57%.
Canyon County, ID
ABS(median_tax) peer · tied with Okaloosa County at $2,011/yr; rate 0.52% vs Okaloosa County 0.57%.
Humboldt County, IA
ABS(median_tax) peer · tied with Okaloosa County at $2,011/yr; rate 1.29% vs Okaloosa County 0.57%.
Becker County, MN
ABS(median_tax) peer · $2,014/yr (near-tied bill ABS $3); rate 0.69% vs Okaloosa County 0.57%.
Florida county set
State ACS overview for every published Florida county rate and median bill.
Assessment cycle basics
Okaloosa County stamps QUIET · MID - how assessed value and millage become the ACS median bill.
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 Okaloosa County (QUIET · MID) - ACS medians, not a parcel bill.