Hutchinson Island, Martin County, Florida Property Taxes
Median Hutchinson Island, FL effective property tax rate: 1.55%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Hutchinson Island, FL home value: $1,118,670
Median annual Hutchinson Island, FL tax bill: $17,295, $14,895 higher than the national median property tax bill of $2,400.
How are property taxes in Martin County calculated?
Property taxes in Hutchinson Island, 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 Hutchinson Island’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hutchinson Island, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hutchinson Island, Martin County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.55%
Estimate Property Tax Bill
$17,339
$16,090
Ownwell’s Hutchinson Island Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hutchinson Island with just two data points.
By entering your property's estimated assessed value, our calculator applies Hutchinson Island’s 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 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 Martin County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Hutchinson Island, Martin County, Florida
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county, including Martin County, estimates its required budget annually to provide essential services. This budget is then divided by the total assessed value of all taxable property within the county's jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is essentially the process followed each year.
When comparing Hutchinson Island’s effective property tax rate to other cities in Florida, it is important to note that the median property tax rate in Florida is 1.55%, which is higher than the national median of 1.02%. This indicates that property owners in Hutchinson Island may face higher tax bills compared to the national average. However, this rate is consistent with the highest and lowest median tax rates in the area, both recorded at 1.60% in the zip code 34996. Such comparisons can help property owners understand their tax obligations and explore potential savings through property tax appeals and exemptions.
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 Hutchinson Island Tax Rate
1.55%
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 Martin County Tax Rate
1.13%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hutchinson Island, Martin County, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34949 | N/A | N/A | N/A | N/A | N/A |
34996 | 1.52% | 1.55% | 1.60% | 1.64% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across Hutchinson Island, Martin County, Florida
Property Tax Assessment Values Across Hutchinson Island, Martin County, Florida
Source: Ownwell

$134,070
$733,900
$1,333,730
Median Hutchinson Island Market Value
$1,118,670
Median Martin County Market Value
$294,470
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hutchinson Island, Martin County, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34949 | N/A | N/A | N/A | N/A | N/A |
34996 | $539,318 | $776,900 | $1,172,870 | $1,568,840 | $1,806,422 |
Source: Ownwell
Property Tax Bills Across Hutchinson Island, Martin County, Florida
Property Tax Bills Across Hutchinson Island, Martin County, Florida
Source: Ownwell

$1,161
$10,303
$19,445
Median Hutchinson Island Tax Bill
$17,295
Median Martin County Tax Bill
$3,260
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Hutchinson Island, Martin County, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34949 | N/A | N/A | N/A | N/A | N/A |
34996 | $8,476 | $12,590 | $19,445 | $26,301 | $30,414 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
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Property Valuation Date | January 1 |
Appeal Deadline | September 13 |
Tax Bill | |
Issued | November 1 |
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