Miami-Dade County, Florida property tax
The median homeowner in Miami-Dade County, Florida pays $3,516 a year in property tax on a home worth $425,400, an effective rate of 0.83%. The national effective rate is 0.98%.
What the rate means here
At 0.83%, Miami-Dade County taxes property more lightly than the national 0.98%. This is the case where the rate misleads. Owners pay $3,516 a year, which is what matters, and the low percentage is a function of what housing is worth rather than of restraint by the county.
It ranks #12 of 67 Florida counties by effective rate, against a statewide 0.79%, and #1,379 nationally. The state runs from 1.05% in Hardee County down to 0.45% in Walton County.
The median home costs 6.19 times the median household income of $68,694, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 30.24% of median income in gross rent. With 2,685,296 residents this is one of the larger counties in the country, so the medians here average across a genuinely varied housing market and hide a lot of local range.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Miami-Dade County | Florida | United States | |
|---|---|---|---|
| Effective property tax | 0.83% | 0.79% | 0.98% |
| Median tax bill | $3,516 | $2,555 | $2,969 |
| Median home value | $425,400 | $325,000 | $303,400 |
| Median gross rent | $1,731 | $1,564 | $1,348 |
| Median household income | $68,694 | $71,711 | $78,538 |
| Home price to income | 6.19× | 4.53× | 3.86× |
| Rent as share of income | 30.24% | 26.17% | 20.6% |
| Owner-occupied | 52.19% | 67.32% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 2,685,296.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Broward County | 0.95% | $3,610 | $380,400 |
| Palm Beach County | 0.88% | $3,600 | $407,300 |
| Hillsborough County | 0.84% | $2,787 | $333,300 |
| Orange County | 0.78% | $2,795 | $358,300 |
| Duval County | 0.78% | $2,142 | $274,900 |
Miami-Dade County property tax: common questions
What is the property tax rate in Miami-Dade County, Florida?
The effective rate is 0.83% of home value, from a median tax bill of $3,516 against a median home value of $425,400. That is 0.15 points below the national 0.98%.
How much is property tax on a $400,000 home in Miami-Dade County?
Roughly $3,320 a year at the county effective rate of 0.83%.
Is Miami-Dade County expensive compared with the rest of Florida?
It ranks #12 of 67 Florida counties by effective property tax rate, and #1379 of 2,826 nationally. That is 0.04 points above the Florida average of 0.79%.
What does housing cost in Miami-Dade County?
The median home is worth $425,400 and median gross rent is $1,731 a month. Median household income is $68,694, which puts the home at 6.19 times annual income and rent at 30.24% of it.