StateRates

Sumter County, Florida property tax

The median homeowner in Sumter County, Florida pays $2,940 a year in property tax on a home worth $356,000, an effective rate of 0.83%. The national effective rate is 0.98%.

Effective rate 0.83% #14 of 67 in Florida
Median tax bill $2,940 per year
Median home value $356,000 owner-occupied
Median income $73,297 household

What the rate means here

At 0.83%, Sumter County taxes property more lightly than the national 0.98%. This is the case where the rate misleads. Owners pay $2,940 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 #14 of 67 Florida counties by effective rate, against a statewide 0.79%, and #1,381 nationally. The state runs from 1.05% in Hardee County down to 0.45% in Walton County.

The median home costs 4.86 times the median household income of $73,297, against 3.86 nationally, so housing absorbs an unusually large share of what people here earn. Renters pay 20.06% of median income in gross rent. The county has 137,536 residents, which is small enough that the medians describe a reasonably coherent market.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,075 per year at 0.83%
$400,000 home $3,320 per year at 0.83%
$600,000 home $4,980 per year at 0.83%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Sumter County, Florida against Florida and the country
Sumter County Florida United States
Effective property tax 0.83% 0.79% 0.98%
Median tax bill $2,940 $2,555 $2,969
Median home value $356,000 $325,000 $303,400
Median gross rent $1,225 $1,564 $1,348
Median household income $73,297 $71,711 $78,538
Home price to income 4.86× 4.53× 3.86×
Rent as share of income 20.06% 26.17% 20.6%
Owner-occupied 88.1% 67.32% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 137,536.

Nearby counties of similar size

Other Florida counties
County Rate Median bill Home value
Flagler County 0.79% $2,628 $333,400
Citrus County 0.59% $1,320 $223,200
Martin County 0.81% $3,120 $386,500
Indian River County 0.73% $2,288 $314,700
Highlands County 0.73% $1,295 $177,900

Sumter County property tax: common questions

What is the property tax rate in Sumter County, Florida?

The effective rate is 0.83% of home value, from a median tax bill of $2,940 against a median home value of $356,000. That is 0.15 points below the national 0.98%.

How much is property tax on a $400,000 home in Sumter County?

Roughly $3,320 a year at the county effective rate of 0.83%.

Is Sumter County expensive compared with the rest of Florida?

It ranks #14 of 67 Florida counties by effective property tax rate, and #1381 of 2,826 nationally. That is 0.04 points above the Florida average of 0.79%.

What does housing cost in Sumter County?

The median home is worth $356,000 and median gross rent is $1,225 a month. Median household income is $73,297, which puts the home at 4.86 times annual income and rent at 20.06% of it.