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Mims, Brevard County, Florida Property Taxes

  • Median Mims, FL effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.

  • Median Mims, FL home value: $174,275

  • Median annual Mims, FL tax bill: $1,490, $910 lower than the national median property tax bill of $2,400.

How are property taxes in Brevard calculated?

Property taxes in Mims, FL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Mims’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mims, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Mims, Brevard County, Florida Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.9%

Estimate Property Tax Bill

$1,568

$1,456

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Mims Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mims with just two data points. By entering your property's estimated assessed value, our calculator applies Mims’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Brevard County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mims, Brevard County, Florida

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare MIMS’s effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.

In Brevard County, where MIMS is located, the median property tax rate is 0.90%, which is below the national median of 1.02%. This means that homeowners in MIMS enjoy a lower tax rate compared to the national average. The effective property tax rate in this area is consistent, with both the highest and lowest median tax rates recorded at 0.90%. This stability can be advantageous for property owners, providing predictability in tax expenses. Comparing these rates to the national figures highlights the relative affordability of property taxes in MIMS, making it an attractive option for homeowners seeking lower tax liabilities.

Property Tax Rates Across Mims, Brevard County, Florida

Source: Ownwell

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0.73%

1.15%

1.56%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Mims Tax Rate

0.90%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Brevard County Tax Rate

0.95%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mims, Brevard County, Florida

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
327540.54%0.64%0.90%1.34%1.80%

Source: Ownwell

Property Tax Assessment Values Across Mims, Brevard County, Florida

When examining property taxes in MIMS, FL, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Brevard County Property Appraiser estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Brevard County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in MIMS. For example, the median home price in MIMS is $174,275, with tax bills ranging significantly across the county. 32754 has the highest median home price at $174,275.

Property Tax Assessment Values Across Mims, Brevard County, Florida

Source: Ownwell

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$111,775

$284,218

$456,660

Median Mims Market Value

$174,275

Median Brevard County Market Value

$243,020

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mims, Brevard County, Florida

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
32754$37,772$79,950$174,275$320,152$435,779

Source: Ownwell

Property Tax Bills Across Mims, Brevard County, Florida

In Mims, located in Brevard County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county's property appraiser. This assessed value is then multiplied by the local tax rate to calculate the tax bill. The median home price in Mims is $174,275, leading to a range of tax bills. For instance, homeowners in the 25th percentile pay around $794, while those in the 75th and 90th percentiles pay $2,588 and $3,716, respectively. The median property tax bill in this area is $1,490, which is below the national median of $2,400. This lower tax bill can be beneficial for homeowners, but there are still opportunities for savings. Ownwell can assist homeowners by identifying potential exemptions and ensuring that their property is fairly assessed. By appealing inaccurate assessments, Ownwell helps reduce property tax bills, ensuring homeowners don't pay more than necessary. This service can significantly alleviate the financial burden of property taxes for homeowners in Mims.

Property Tax Bills Across Mims, Brevard County, Florida

Source: Ownwell

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$1,172

$2,522

$3,872

Median Mims Tax Bill

$1,490

Median Brevard County Tax Bill

$2,198

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Mims, Brevard County, Florida

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
32754$528$794$1,490$2,588$3,716

Source: Ownwell

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