Florida · County property tax · ACS 2024
Walton County Property Taxes
The median homeowner in Walton County pays $1,902 a year, an effective rate of 0.45%, modestly below the U.S. average.
- $1,902
- Median tax / yr · Above-median bill
- 0.45%
- Effective rate · Low rate
- -5%
- vs U.S. average
- #67 of 67
- rank in FL
The verdict
Homeowners in Walton County pay a median $1,902 a year in property tax, an effective rate of 0.45%, more affordable than 89% of U.S. counties (Census ACS 2024).
- $1,902
- Median annual tax bill, 2024
- 0.45%
- Effective rate on median home
- #359 of 3135
- U.S. counties by tax burden
- -5%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($425,100). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Florida. Population: 82,948. Owner-occupied homes: 27,004.
The median annual property tax in Walton County is $1,902, which is 30% lower than the Florida state average and 5% below the national average. The effective tax rate is 0.45% on a median home value of $425,100. Property taxes represent 2.3% of the median household income in this county.
Walton County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Walton County's 0.45% effective rate sits near the middle of 3,135 tracked counties (more affordable than 89%).
Decision signal 2
High among Florida counties by effective rate
Walton County ranks #67 of 67 counties in Florida by effective rate (0% of in-state counties pay a lower rate).
Decision signal 3
The bill sits below the Florida median
Homeowners in Walton County pay a median annual property tax of $1,902, modestly below the national median and well below the Florida state median. On a $425,100 median home, that works out to an effective rate of 0.45% 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 Walton County run within the commonly cited 2%-4% national benchmark, at about 2.3% of the $81,986 median household income.
Informational notice
Figures describe the median homeowner household in Walton 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
Walton County's effective rate fell 16.2% across the 4-year span while its median home value rose 73.2%, leaving the median bill 45.1% higher at $1,902. That rate move is larger than the one in 70% 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 45% from $1,311 to $1,902. 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: 8,792 of 27,004 owner-occupied homes (32.6%) 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.
The most forgiving PAIRING in the data, top-quartile household income with a bottom-quartile effective rate, puts the median bill at 2.3% 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.
Walton County is an outlier inside Florida
Across the 67 Florida counties with a published rate, the average effective rate is 0.70%. Walton County is at 0.45%, which sits 2.2 standard deviations below that average. Fewer than one county in twenty nationally is this far from its own state's centre, so a state-level average is a poor guide to what is owed here.
Standard deviations are computed across every county in the state with a published effective rate for 2024; states with fewer than five such counties are not assessed.
What Walton County Homeowners Actually Pay
The single largest group of Walton County homeowners, 8,792 of 27,004 owner-occupied homes (32.6%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.
- Less than $800 24.9% (6,716)
- $800 to $1,499 15.8% (4,270)
- $1,500 to $1,999 7.5% (2,020)
- $2,000 to $2,999 12.7% (3,419)
- $3,000 or more 32.6% (8,792)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
1,787 homes here (6.6%) report no real estate tax at all. Exemptions are set by state: how Florida handles assessments and appeals.
With vs Without Mortgage
Mortgaged homeowners in Walton County pay more than double the bill of those without one (+70%), the widest kind of value gap this dataset tracks.
Walton County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Walton County's effective rate is higher than 0% of the 67 counties in Florida - ranking #67 of 67.
Where Walton County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.45% Among the most affordable more affordable than 89% 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 Walton County moved from $1,311 in the 2020 release to $1,902 in 2024, a change of about 45%. 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.
Walton County vs Benchmarks
| Metric | Walton 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 | 2.3% | - | - |
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.
Walton County is QUIET · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Florida counties.
Walton County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,902 +11.3% | 0.45% |
| 2023 | $1,709 +9.6% | 0.45% |
| 2022 | $1,560 +9.6% | 0.48% |
| 2021 | $1,424 +8.6% | 0.52% |
| 2020 | $1,311 | 0.53% |
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.
Walton County: tax-to-income at 2.3%
Counties near Walton County's effective rate
On effective rate, Walton County sits nearest Sedgwick County (CO), Elbert County (CO), Denver County (CO).
On published median-tax change, the nearest matches are Curry County (NM), Hunt County (TX), Madison County (AR).
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
Walton County: only 10% of returns show Schedule A real-estate tax
Tax year 2022: 3,990 of 40,610 returns from Walton County reported real estate taxes, averaging $10,190 - 56% 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
Walton County rate FAQs
- What is the average property tax in Walton County, Florida?
- The median annual property tax in Walton County is $1,902, an effective rate of 0.45% on a $425,100 median home (Census ACS, 2024).
- Are property taxes increasing in Walton County?
- The ACS median property-tax bill for Walton County jumped 45.1% between the 2020 and 2024 5-year releases, from $1,311 to $1,902, 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 is the tax affordability score for Walton County?
- Walton County, Florida scores C- (51/100) 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 A (0.45%). 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 Walton County property tax compare to the national average?
- Property taxes in Walton County run modestly below the national median of $1,993, an effective rate of 0.45% versus 0.92% nationally.
- What percentage of income goes to property taxes in Walton County?
- Property taxes in Walton County run within the commonly cited 2%-4% national benchmark, at about 2.3% of the $81,986 median household income.
What to do with Walton County's QUIET rate
Inside Florida, Walton County's $1,902 median bill runs low versus the state median - check peer counties before assuming the lowest bill is the best move. Florida overview →
Walton County ranks #67 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 Walton 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: 0.45%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,902/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Walton County
Nearest ABS(median_tax) ACS peers for Walton County (QUIET · MID), replacing the old fixed Keep exploring strip.
QUIET MID
Montague County, TX
ABS(median_tax) peer · tied with Walton County at $1,902/yr; rate 0.92% vs Walton County 0.45%.
Camp County, TX
ABS(median_tax) peer · $1,901/yr (near-tied bill ABS $1); rate 1.10% vs Walton County 0.45%.
Chaffee County, CO
ABS(median_tax) peer · $1,901/yr (near-tied bill ABS $1); rate 0.29% vs Walton County 0.45%.
Charleston County, SC
ABS(median_tax) peer · $1,901/yr (near-tied bill ABS $1); rate 0.39% vs Walton County 0.45%.
Florida county set
State ACS overview for every published Florida county rate and median bill.
Assessment cycle basics
Walton 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 Walton County (QUIET · MID) - ACS medians, not a parcel bill.