Broward County Property Taxes
The median property tax rate in Broward County is 1.44%, which is significantly higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Broward County at $357,080, the typical annual property tax bill reaches $4,521, which exceeds the national median of $2,690. Property taxes in Broward County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Broward County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Fort Lauderdale or another part of Broward County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Broward County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.44%
Estimate Property Tax Bill
$5,142
$4,866
$1,148
Average Broward County Tax Savings
Ownwell’s Broward Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Broward with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Broward to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also highlights how Ownwell can help lower property taxes in Broward. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Broward County, Florida
Property taxes in Broward play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Broward is 1.44%, which is higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Broward set these rates annually, and they can vary significantly between different areas within the county. Each year, Broward estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Broward's effective property tax rate with other counties in Florida and the national median. For comparison, the city of Pembroke Park has one of the higher property tax rates in Florida at 2.08%, while the city of Cooper City boasts one of the lowest at 0.94%. Analyzing how Broward's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Broward County Tax Rate
1.44%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Broward County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Coconut Creek | 0.44% | 0.80% | 1.34% | 1.92% | 2.07% |
| Cooper City | 0.54% | 0.65% | 0.94% | 1.44% | 1.83% |
| Coral Springs | 0.79% | 0.99% | 1.42% | 2.03% | 2.24% |
| Dania | 0.51% | 0.82% | 1.67% | 1.90% | 2.12% |
| Dania Beach | 1.13% | 1.82% | 2.07% | 2.22% | 2.32% |
| Davie | 0.62% | 0.85% | 1.30% | 1.89% | 2.08% |
| Deerfield Beach | 0.43% | 0.72% | 1.60% | 1.95% | 2.17% |
| Fort Lauderdale | 0.51% | 0.89% | 1.55% | 1.88% | 2.06% |
| Hallandale | 1.76% | 1.96% | 2.01% | 2.13% | 2.16% |
| Hallandale Beach | 0.62% | 1.31% | 1.98% | 2.15% | 2.29% |
| Hillsboro Beach | 0.78% | 1.19% | 1.59% | 1.73% | 1.80% |
| Hollywood | 0.49% | 0.78% | 1.53% | 2.01% | 2.20% |
| Lauderdale By The Sea | 0.70% | 1.17% | 1.72% | 1.83% | 1.88% |
| Lauderdale Lakes | 0.49% | 0.77% | 2.01% | 2.42% | 2.59% |
| Lauderhill | 0.57% | 0.85% | 1.89% | 2.51% | 2.83% |
| Lazy Lake | 1.10% | 1.72% | 2.03% | 2.09% | 2.09% |
| Lighthouse Point | 0.60% | 0.78% | 1.23% | 1.83% | 2.02% |
| Margate | 0.40% | 0.63% | 1.33% | 1.98% | 2.25% |
| Miramar | 0.56% | 0.83% | 1.29% | 1.93% | 2.13% |
| North Lauderdale | 0.59% | 0.75% | 1.60% | 2.16% | 2.45% |
| Oakland Park | 0.52% | 0.79% | 1.70% | 2.09% | 2.27% |
| Parkland | 0.90% | 1.12% | 1.35% | 1.72% | 1.98% |
| Pembroke Park | 1.68% | 1.74% | 2.08% | 2.09% | 2.13% |
| Pembroke Pines | 0.53% | 0.71% | 1.16% | 1.80% | 1.98% |
| Plantation | 0.48% | 0.74% | 1.20% | 1.80% | 2.00% |
| Pompano Beach | 0.48% | 0.92% | 1.70% | 2.00% | 2.17% |
| Sea Ranch Lakes | 0.62% | 0.75% | 0.97% | 1.53% | 1.95% |
| Southwest Ranches | 0.66% | 0.81% | 1.05% | 1.42% | 1.77% |
| Sunrise | 0.37% | 0.60% | 1.22% | 1.85% | 2.05% |
| Tamarac | 0.58% | 0.81% | 1.44% | 2.13% | 2.37% |
| Weston | 0.91% | 1.11% | 1.45% | 1.92% | 2.08% |
| West Park | 0.52% | 0.68% | 1.53% | 2.09% | 2.43% |
| Wilton Manors | 0.41% | 0.75% | 1.38% | 1.95% | 2.14% |
Source: Ownwell
$1,148
Average Broward County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Broward County, Florida
In Broward County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Broward County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Broward County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Sea Ranch Lakes has the highest median tax bill at $22,012, while Lauderdale Lakes has the lowest at $2,143. Being aware of these valuation processes in Broward County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Broward County, Florida
Source: Ownwell
$92,640
$3,655,020
$7,217,400
Average Broward County Assessed Value
$357,080
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Broward County, Florida
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Coconut Creek | $159,510 | $191,870 | $256,500 | $445,000 | $540,680 |
| Cooper City | $339,730 | $420,015 | $524,100 | $609,250 | $838,506 |
| Coral Springs | $160,730 | $225,290 | $484,585 | $609,502 | $734,158 |
| Dania | $133,880 | $207,360 | $273,920 | $425,455 | $588,737 |
| Dania Beach | $294,866 | $329,390 | $373,320 | $420,550 | $486,228 |
| Davie | $166,200 | $236,310 | $410,890 | $643,810 | $1,080,478 |
| Deerfield Beach | $107,000 | $145,120 | $246,790 | $372,558 | $515,484 |
| Fort Lauderdale | $189,830 | $280,750 | $394,760 | $641,670 | $1,120,914 |
| Hallandale | $91,800 | $95,490 | $165,360 | $260,890 | $311,110 |
| Hallandale Beach | $133,510 | $188,420 | $269,500 | $402,540 | $587,440 |
| Hillsboro Beach | $275,000 | $394,470 | $477,560 | $694,040 | $1,075,000 |
| Hollywood | $145,660 | $265,760 | $380,320 | $528,638 | $740,074 |
| Lauderdale By The Sea | $231,458 | $390,030 | $646,760 | $885,890 | $1,227,436 |
| Lauderdale Lakes | $72,210 | $93,740 | $112,510 | $288,638 | $365,015 |
| Lauderhill | $85,890 | $111,300 | $171,685 | $341,318 | $455,778 |
| Lazy Lake | $744,343 | $803,270 | $971,545 | $1,068,738 | $1,105,285 |
| Lighthouse Point | $127,220 | $258,440 | $660,995 | $1,241,088 | $2,244,832 |
| Margate | $107,670 | $143,160 | $274,080 | $387,250 | $453,898 |
| Miramar | $232,810 | $323,905 | $416,680 | $555,130 | $725,420 |
| North Lauderdale | $145,360 | $223,100 | $285,480 | $352,355 | $401,568 |
| Oakland Park | $135,660 | $179,790 | $301,190 | $466,478 | $620,668 |
| Parkland | $513,038 | $675,925 | $879,500 | $1,117,855 | $1,456,314 |
| Pembroke Park | $262,910 | $263,750 | $264,020 | $333,800 | $2,878,292 |
| Pembroke Pines | $163,210 | $228,840 | $396,190 | $530,405 | $670,360 |
| Plantation | $168,760 | $245,060 | $419,335 | $573,132 | $743,362 |
| Pompano Beach | $157,990 | $215,630 | $306,590 | $454,530 | $727,760 |
| Sea Ranch Lakes | $1,549,582 | $1,832,418 | $2,162,660 | $2,774,758 | $3,948,375 |
| Southwest Ranches | $643,716 | $771,680 | $999,480 | $1,414,600 | $2,181,050 |
| Sunrise | $111,280 | $152,170 | $311,390 | $415,120 | $494,706 |
| Tamarac | $123,644 | $164,120 | $264,500 | $339,070 | $421,708 |
| Weston | $273,230 | $410,260 | $603,335 | $828,702 | $1,130,125 |
| West Park | $242,816 | $281,020 | $324,520 | $380,250 | $453,820 |
| Wilton Manors | $169,380 | $249,720 | $507,265 | $678,778 | $873,908 |
Source: Ownwell
$1,148
Average Broward County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Broward County, Florida
In Broward County, FL, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. With a median home price of $357,080, the tax bills range significantly based on the specific area and property characteristics. For instance, the 25th percentile tax bill is $2,590, while the 75th percentile reaches $7,374, and the 90th percentile can soar up to $11,121. The highest median tax bill in the county is found in Sea Ranch Lakes at $22,012, contrasting sharply with the lowest median tax bill of $2,143 in Lauderdale Lakes. These tax bills impact homeowners by influencing their annual financial obligations, potentially making homeownership more costly. Ownwell's property tax appeal and exemption services can help homeowners in Broward County save on their property tax bills by ensuring their property assessments are fair and accurate. By identifying discrepancies and applying for eligible exemptions, Ownwell can significantly reduce the tax burden, providing substantial savings for homeowners.
Average Broward County Tax Bill
$4,521
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Broward County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Coconut Creek | $894 | $2,280 | $3,756 | $5,406 | $8,104 |
| Cooper City | $2,492 | $3,402 | $5,019 | $7,437 | $10,045 |
| Coral Springs | $2,571 | $3,726 | $5,572 | $8,427 | $11,449 |
| Dania | $1,277 | $2,265 | $3,905 | $5,778 | $8,371 |
| Dania Beach | $4,366 | $6,163 | $7,525 | $8,557 | $10,278 |
| Davie | $1,615 | $3,104 | $4,946 | $7,972 | $13,103 |
| Deerfield Beach | $851 | $1,751 | $3,078 | $5,044 | $7,751 |
| Fort Lauderdale | $1,643 | $3,160 | $5,580 | $9,080 | $15,757 |
| Hallandale | $1,704 | $1,867 | $3,184 | $5,159 | $6,273 |
| Hallandale Beach | $1,374 | $2,825 | $4,446 | $7,036 | $10,919 |
| Hillsboro Beach | $3,423 | $5,033 | $7,180 | $9,912 | $15,691 |
| Hollywood | $1,438 | $2,668 | $5,056 | $7,815 | $11,220 |
| Lauderdale By The Sea | $3,354 | $5,224 | $9,055 | $13,705 | $18,612 |
| Lauderdale Lakes | $656 | $1,546 | $2,143 | $3,010 | $5,903 |
| Lauderhill | $1,114 | $1,864 | $2,830 | $4,494 | $7,398 |
| Lazy Lake | $11,494 | $12,572 | $15,551 | $21,832 | $22,533 |
| Lighthouse Point | $1,646 | $3,369 | $7,170 | $14,264 | $28,336 |
| Margate | $638 | $1,534 | $2,915 | $5,098 | $7,365 |
| Miramar | $1,892 | $3,380 | $5,381 | $7,390 | $9,947 |
| North Lauderdale | $1,479 | $2,417 | $3,743 | $5,623 | $7,342 |
| Oakland Park | $1,285 | $2,505 | $3,765 | $6,505 | $9,646 |
| Parkland | $5,785 | $8,703 | $12,005 | $16,134 | $21,568 |
| Pembroke Park | $4,795 | $5,494 | $5,663 | $6,985 | $50,524 |
| Pembroke Pines | $1,337 | $2,721 | $4,217 | $6,468 | $8,833 |
| Plantation | $1,390 | $2,718 | $4,399 | $7,052 | $10,434 |
| Pompano Beach | $1,238 | $2,705 | $4,525 | $7,048 | $10,629 |
| Sea Ranch Lakes | $11,640 | $15,155 | $22,012 | $34,655 | $57,459 |
| Southwest Ranches | $5,293 | $7,243 | $10,529 | $16,368 | $28,106 |
| Sunrise | $590 | $1,561 | $3,032 | $5,236 | $7,449 |
| Tamarac | $1,135 | $1,994 | $3,325 | $5,286 | $7,316 |
| Weston | $4,367 | $6,041 | $8,618 | $11,655 | $16,035 |
| West Park | $1,676 | $2,366 | $4,668 | $6,602 | $8,136 |
| Wilton Manors | $1,654 | $2,906 | $5,020 | $9,347 | $13,267 |
Source: Ownwell
$1,148
Average Broward County Tax Savings
Save on your property taxes & more with Ownwell.
Want to lower your Broward County property taxes?
Looking to reduce your Broward property taxes? Ownwell is the leading property tax protest company serving Broward. We specialize in helping property owners in the Broward area and beyond lower their taxes by working directly with the Broward Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Broward property tax protest process and identify all available property tax exemptions so you don’t have to. Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities for reducing your tax burden. By managing the protest process from beginning to end, we not only simplify the procedure but also increase your chances of obtaining a favorable result. Let Ownwell be your trusted partner in lowering your Broward property tax expenses through our proven strategies and expert advocacy.
Property Tax Petitions in Florida
Navigating the property tax protest process in Broward County, Florida, can be a crucial step for homeowners who feel their property tax assessments are too high. Homeowners can appeal their property tax assessments by filing a petition with the Broward County Value Adjustment Board (VAB). The process begins by submitting a completed petition form, which must be filed within a specified period after receiving the Notice of Proposed Property Taxes, also known as the TRIM notice. Once the petition is filed, the VAB schedules a hearing where homeowners can present evidence to support their case. This evidence can include recent sales data, independent appraisals, and information about comparable properties. The goal is to demonstrate that the assessed value of the property is higher than its actual market value. During the hearing, an appointed Special Magistrate, who is an independent and unbiased third party, listens to both the homeowner's and the Property Appraiser's arguments before making a recommendation to the VAB. The potential outcomes of a property tax protest can vary. If the VAB determines that the assessment is indeed too high, it can order a reduction in the property's assessed value, leading to a lower property tax bill. However, if the VAB finds the assessment to be accurate, the original assessed value will stand. Ownwell can assist homeowners throughout this appeal process by providing expert advice and representation. Our team of property tax consultants can help gather the necessary evidence, prepare a compelling case, and represent homeowners at the VAB hearing. By leveraging our expertise, homeowners can increase their chances of achieving a favorable outcome and potentially lowering their property tax burden.
Exemptions in Florida
Broward County offers several property tax exemption programs designed to ease the financial burden on homeowners. One of the most significant exemptions is the Homestead Exemption, which is available to homeowners who use the property as their primary residence. This exemption can significantly reduce the assessed value of the home, leading to lower property taxes. Another important exemption is the Senior Citizen Exemption, available to residents aged 65 and older who meet specific income requirements. This exemption provides additional relief by further reducing the assessed value of the property. Disabled veterans and their surviving spouses can benefit from the Disabled Veteran Exemption, which offers substantial tax reductions based on the degree of disability. The Widow/Widower Exemption is available to residents who have lost their spouse and have not remarried. This exemption provides a modest reduction in the assessed value of the property. Additionally, there is an exemption for individuals with permanent disabilities, which offers significant tax relief for qualifying homeowners. Applying for these exemptions typically involves submitting an application to the Broward County Property Appraiser's Office, along with supporting documentation. Ownwell can assist homeowners in navigating the application process, ensuring that all necessary paperwork is correctly completed and submitted on time. By leveraging Ownwell's expertise, homeowners can maximize their tax savings and take full advantage of the available exemption programs.
Available Exemptions
Senior
Disabled
Home Stead
Veteran
Solar/Wind
Non-Profit
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 18 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Broward Property Appraiser | |
| Phone | (954) 357-6904 |
| Website | web.bcpa.net |
| martykiar@bcpa.net | |
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