Brevard County Property Taxes
The median property tax rate in Brevard County is 0.95%, which is slightly lower than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $243,020, the typical annual property tax bill is around $2,198, which is below the national median of $2,690. Property taxes in Brevard County are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Brevard 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 Melbourne or another part of Brevard County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brevard County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$2,309
$2,182
$1,148
Average Brevard County Tax Savings
Ownwell’s Brevard County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Brevard County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Brevard County 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 Brevard County. 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 Brevard County, Florida
Property taxes in Brevard County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Brevard County is 0.95%, which is lower than the U.S. national median of 0.99%. Local government entities within Brevard County set these rates annually, and they can vary significantly between different areas within the county. Each year, Brevard County 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 Brevard County's effective property tax rate with other counties in Florida and the national median. For comparison, the city of Barefoot Bay has one of the higher property tax rates in Florida at 1.56%, while the city of Malabar boasts one of the lowest at 0.73%. Analyzing how Brevard County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Brevard County Tax Rate
0.95%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brevard County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Barefoot Bay | 1.11% | 1.18% | 1.56% | 1.85% | 1.98% |
Cape Canaveral | 0.38% | 0.76% | 1.15% | 1.23% | 1.32% |
Cocoa | 0.48% | 0.62% | 0.96% | 1.44% | 1.85% |
Cocoa Beach | 0.44% | 0.71% | 1.23% | 1.43% | 1.52% |
Fellsmere | 0.73% | 0.91% | 1.20% | 1.28% | 1.33% |
Grant | 0.58% | 0.68% | 0.88% | 1.28% | 1.40% |
Grant Valkaria | 0.69% | 0.73% | 0.91% | 1.31% | 1.42% |
Indialantic | 0.48% | 0.62% | 0.93% | 1.26% | 1.53% |
Indian Harbour Beach | 0.37% | 0.54% | 0.93% | 1.36% | 1.50% |
Malabar | 0.44% | 0.57% | 0.73% | 1.07% | 1.38% |
Melbourne | 0.38% | 0.58% | 0.88% | 1.28% | 1.55% |
Melbourne Bch | 0.94% | 0.96% | 0.98% | 1.10% | 1.20% |
Melbourne Beach | 0.48% | 0.63% | 0.98% | 1.20% | 1.32% |
Merritt Island | 0.46% | 0.58% | 0.82% | 1.22% | 1.34% |
Micco | 0.49% | 0.56% | 0.79% | 1.33% | 1.51% |
Mims | 0.54% | 0.64% | 0.90% | 1.34% | 1.80% |
Palm Bay | 0.30% | 0.42% | 1.00% | 1.60% | 1.90% |
Rockledge | 0.37% | 0.57% | 0.86% | 1.33% | 1.53% |
Satellite Bch | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% |
Satellite Beach | 0.41% | 0.56% | 0.92% | 1.33% | 1.70% |
Sebastian | 0.72% | 1.11% | 1.38% | 1.92% | 2.14% |
Titusville | 0.39% | 0.55% | 0.95% | 1.50% | 1.70% |
Viera | 0.89% | 0.89% | 0.89% | 0.89% | 0.89% |
West Melbourne | N/A | N/A | N/A | N/A | N/A |
W Melbourne | 0.49% | 0.55% | 0.93% | 1.16% | 1.21% |
Source: Ownwell
$1,148
Average Brevard County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Brevard County, Florida
In Brevard 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 Brevard 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 Brevard 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. Being aware of these valuation processes in Brevard County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Brevard County, the highest median tax bill is found in Satellite Beach at $4,040, while the lowest is in Melbourne Beach at $261.
Average Brevard County Assessed Value
$243,020
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brevard County, Florida
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Barefoot Bay | $129,370 | $161,628 | $175,620 | $188,162 | $213,975 |
Cape Canaveral | $98,420 | $162,480 | $248,680 | $358,150 | $448,530 |
Cocoa | $53,470 | $113,995 | $198,280 | $254,680 | $314,650 |
Cocoa Beach | $162,710 | $239,770 | $356,130 | $516,325 | $685,938 |
Fellsmere | $99,904 | $138,685 | $203,320 | $241,280 | $264,056 |
Grant | $50,000 | $232,348 | $407,030 | $517,205 | $621,515 |
Grant Valkaria | $120,309 | $323,975 | $415,475 | $544,228 | $611,318 |
Indialantic | $216,856 | $305,305 | $437,150 | $587,220 | $753,918 |
Indian Harbour Beach | $182,950 | $258,740 | $370,450 | $494,470 | $732,270 |
Malabar | $192,804 | $317,975 | $390,170 | $480,440 | $600,440 |
Melbourne | $118,960 | $189,950 | $278,170 | $366,492 | $493,480 |
Melbourne Bch | $16,514 | $25,160 | $26,900 | $30,640 | $286,102 |
Melbourne Beach | $115,590 | $282,650 | $456,660 | $605,468 | $890,480 |
Merritt Island | $134,671 | $211,732 | $315,385 | $445,040 | $611,622 |
Micco | $90,171 | $115,892 | $127,150 | $148,738 | $167,149 |
Mims | $37,772 | $79,950 | $174,275 | $320,152 | $435,779 |
Palm Bay | $99,410 | $171,515 | $213,330 | $254,820 | $296,964 |
Rockledge | $115,330 | $178,110 | $261,350 | $354,785 | $483,166 |
Satellite Bch | $267,060 | $267,060 | $267,060 | $267,060 | $267,060 |
Satellite Beach | $260,842 | $317,540 | $401,080 | $484,340 | $736,378 |
Sebastian | $98,240 | $114,600 | $134,010 | $162,855 | $249,870 |
Titusville | $89,930 | $129,090 | $179,480 | $258,850 | $345,240 |
Viera | $406,330 | $406,330 | $406,330 | $406,330 | $406,330 |
West Melbourne | N/A | N/A | N/A | N/A | N/A |
W Melbourne | $5,218 | $78,198 | $170,700 | $295,710 | $342,162 |
Source: Ownwell
$1,148
Average Brevard County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Brevard County, Florida
In Brevard County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property location, home improvements, and local government budgets can influence the assessed value. For instance, homeowners in Satellite Beach face the highest median tax bill at $4,040, while those in Melbourne Beach enjoy the lowest at $261. The tax bills in Brevard County can vary significantly, with the 25th percentile at $1,145 and the 75th percentile reaching $3,508. Homeowners can often feel the financial strain of these taxes, especially when the tax bill reaches the 90th percentile at $5,023. Ownwell can assist homeowners by providing expert property tax appeal and exemption services, potentially lowering the assessed value and, consequently, the tax bill. By leveraging local market insights and legal expertise, Ownwell helps homeowners achieve significant savings on their property taxes.
Average Brevard County Tax Bill
$2,198
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Brevard County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Barefoot Bay | $1,675 | $2,321 | $2,588 | $3,145 | $3,218 |
Cape Canaveral | $597 | $1,227 | $2,288 | $3,554 | $4,838 |
Cocoa | $659 | $957 | $1,569 | $2,531 | $3,449 |
Cocoa Beach | $1,118 | $2,235 | $3,631 | $5,462 | $7,541 |
Fellsmere | $960 | $1,064 | $1,236 | $2,520 | $3,290 |
Grant | $842 | $2,109 | $3,319 | $4,799 | $6,620 |
Grant Valkaria | $868 | $2,617 | $3,169 | $4,303 | $7,016 |
Indialantic | $1,544 | $2,432 | $3,872 | $5,568 | $8,196 |
Indian Harbour Beach | $1,061 | $1,736 | $3,161 | $5,092 | $7,661 |
Malabar | $1,129 | $1,839 | $2,820 | $4,263 | $6,093 |
Melbourne | $664 | $1,344 | $2,358 | $3,644 | $4,921 |
Melbourne Bch | $198 | $257 | $261 | $300 | $2,552 |
Melbourne Beach | $1,274 | $2,055 | $3,570 | $5,721 | $8,446 |
Merritt Island | $853 | $1,526 | $2,517 | $3,863 | $5,548 |
Micco | $380 | $696 | $1,172 | $1,618 | $2,055 |
Mims | $528 | $794 | $1,490 | $2,588 | $3,716 |
Palm Bay | $490 | $783 | $1,837 | $3,132 | $4,165 |
Rockledge | $570 | $1,125 | $2,276 | $3,511 | $4,908 |
Satellite Bch | $4,040 | $4,040 | $4,040 | $4,040 | $4,040 |
Satellite Beach | $1,218 | $2,206 | $3,644 | $5,727 | $7,825 |
Sebastian | $1,232 | $1,511 | $1,984 | $2,537 | $2,971 |
Titusville | $562 | $877 | $1,665 | $2,655 | $3,874 |
Viera | $3,614 | $3,614 | $3,614 | $3,614 | $3,614 |
West Melbourne | N/A | N/A | N/A | N/A | N/A |
W Melbourne | $56 | $586 | $1,256 | $2,149 | $2,775 |
Source: Ownwell
$1,148
Average Brevard County Tax Savings
Save on your property taxes & more with Ownwell.
Want to lower your Brevard County property taxes?
Looking to reduce your Brevard property taxes? Ownwell is the leading property tax protest company serving Brevard. We specialize in helping property owners in the area and beyond lower their taxes by working directly with the Brevard Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Brevard 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 Brevard property tax expenses through our proven strategies and expert advocacy.
Property Tax Petitions in Florida
Homeowners in Brevard County, FL, have the right to appeal their property tax assessments if they believe the assessed value is inaccurate. The property tax protest process begins when homeowners receive their annual assessment notice. If they disagree with the assessed value, they can file an appeal with the Brevard County Value Adjustment Board (VAB). To start the appeal, homeowners must submit a petition to the VAB, detailing why they believe the assessed value is incorrect. This petition should include evidence supporting their claim, such as recent sales data of similar properties, an independent appraisal, or any other relevant information that demonstrates the property's market value is lower than the assessed value. Once the petition is submitted, a hearing is scheduled where the homeowner can present their case before a special magistrate appointed by the VAB. The magistrate will review the evidence provided by both the homeowner and the county property appraiser’s office. After considering all the information, the magistrate will make a recommendation to the VAB, which will then make the final decision on whether to adjust the assessed value. Potential outcomes of the appeal process can vary. If the VAB agrees with the homeowner, the property's assessed value will be lowered, resulting in a reduced property tax bill. However, if the VAB upholds the original assessment, the homeowner will be required to pay the tax amount based on the initial assessed value. Ownwell can assist homeowners throughout this process by providing expert guidance and support. Our team of experienced property tax consultants can help gather and present compelling evidence, ensuring the best possible chance for a successful appeal. By leveraging our expertise, homeowners can navigate the complexities of the property tax protest process with confidence and ease.
Exemptions in Florida
In Brevard County, Florida, homeowners have access to several property tax exemption programs designed to reduce their tax burden. 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 lower the assessed value of the home, reducing the overall property tax bill. Another important exemption is the Senior Citizen Exemption, which benefits residents aged 65 and older who meet specific income requirements. This exemption offers additional relief on top of the standard homestead exemption, providing further financial ease for senior homeowners. Disabled veterans can take advantage of the Disabled Veteran Exemption, which offers substantial property tax relief based on the veteran's disability rating. This exemption is designed to honor the service and sacrifices of veterans. Widows, widowers, and individuals with disabilities may also qualify for additional exemptions that provide further reductions in their property tax obligations. To apply for these exemptions, homeowners must submit the appropriate forms to the Brevard County Property Appraiser’s Office, along with any required documentation proving eligibility. Ownwell can assist homeowners in identifying and applying for these exemptions, ensuring they maximize their savings. Our experts simplify the application process, making it easier for homeowners to take full advantage of the available programs and reduce their property tax burden effectively.
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 13 |
Tax Bill | |
Issued | November 1 |
Links | |
---|---|
Brevard Property Appraiser | |
Website | www.bcpao.us |
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