Walton County, Florida Property Taxes
Census Bureau ACS property tax data for Florida. Population: 25,198.
The median annual property tax in Walton County is $1,709, which is 9% lower than the Florida state average and 11% below the national average. The effective tax rate is 0.45% on a median home value of $376,400. Property taxes represent 2.2% of the median household income in this county.
Median Annual Tax
$1,709
-9% vs State
-11% vs US
Median Home Value
$376,400
+46% vs State
+78% vs US
Effective Tax Rate
0.45%
-38% vs State
-53% vs US
With vs Without Mortgage
With Mortgage
$2,088
$174/mo
Without Mortgage
$1,073
$89/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 | $1,709 +9.6% | 0.45% |
| 2022 | $1,560 +9.6% | 0.48% |
| 2021 | $1,424 +8.6% | 0.52% |
| 2020 | $1,311 +7.4% | 0.53% |
| 2019 | $1,221 | 0.53% |
Tax Burden
Tax-to-Income Ratio
2.2%
of median household income
Median Income
$79,281
per year
Monthly Tax
$142
per month
Other Counties in Florida
Washington County
Tax: $787/yr Rate: 0.50%
Osceola County
Tax: $2,498/yr Rate: 0.79%
Polk County
Tax: $1,769/yr Rate: 0.74%
Taylor County
Tax: $724/yr Rate: 0.72%
Santa Rosa County
Tax: $1,809/yr Rate: 0.60%
Levy County
Tax: $1,110/yr Rate: 0.65%
Frequently Asked Questions
What is the average property tax in Walton County, Florida? ▼
The median annual property tax in Walton County is $1,709 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.45% on a median home value of $376,400.
How does Walton County property tax compare to the national average? ▼
Property taxes in Walton County are 11% below the national average of $1,923. The effective rate of 0.45% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Walton County? ▼
In Walton County, homeowners with a mortgage pay a median of $2,088 in annual property taxes, while homeowners without a mortgage pay $1,073. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Walton County? ▼
Property taxes in Walton County represent approximately 2.2% of the median household income of $79,281. 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.