Okeechobee County, Florida Property Taxes

Name: Property Tax Bills Across Okeechobee County, Florida
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Okeechobee County effective property tax rate: 1.01%, slightly lower than the national median of 1.02%.
Median Okeechobee County home value: $153,229
Median annual Okeechobee County tax bill: $1,338, $1,062 lower than the national median property tax bill of $2,400.

How are property taxes in Okeechobee County calculated?

Property taxes in Okeechobee County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Okeechobee or another part of Okeechobee County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Okeechobee County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.01%

Estimate Property Tax Bill

$1,548

$1,436

Ownwell’s Okeechobee County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Okeechobee County with just two data points. By entering your property's estimated assessed value, our calculator applies Okeechobee County’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 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 Okeechobee County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Okeechobee County, Florida

Local government entities are responsible for setting property tax rates, which can differ significantly within a state. This variation is primarily due to each county's annual budgeting process. Counties determine their required budget to maintain services and then divide this figure by the total assessed value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although votes and legislative measures play a role in shaping tax rates and budgets, this is the fundamental process that occurs each year. In Okeechobee County, Florida, you can compare the effective property tax rate to other counties in the state or the national median property tax rate. The national median property tax rate is 1.02%, with a median tax bill of $2,400. Understanding these comparisons provides valuable insight into how Okeechobee County's property taxes align with broader trends, helping property owners make informed decisions about their tax obligations.

Property Tax Rates Across Okeechobee County, Florida

Source: Ownwell

0.94%

0.99%

1.05%

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 Okeechobee County Tax Rate

1.01%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Okeechobee County, Florida

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Okeechobee	0.52%	0.64%	1.01%	1.46%	1.85%

Source: Ownwell

Property Tax Assessment Values Across Okeechobee County, Florida

When examining property taxes in Okeechobee County, 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 Okeechobee 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 Okeechobee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Okeechobee County. For example, the median tax bill in Okeechobee County is $1,338, with tax bills ranging significantly across the county. Okeechobee has the highest median home price at $153,229.

Property Tax Assessment Values Across Okeechobee County, Florida

Source: Ownwell

$148,208

$155,441

$162,674

Median Okeechobee County Market Value

$153,229

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Okeechobee County, Florida

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Okeechobee	$47,271	$90,717	$153,229	$230,809	$329,374

Source: Ownwell

Property Tax Bills Across Okeechobee County, Florida

In Okeechobee County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the local property appraiser. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. In this county, the median home price is $153,229, which serves as a baseline for the assessed value. Homeowners in Okeechobee County can expect to pay a wide range of property tax bills depending on their property's assessed value. At the 25th percentile, the tax bill is approximately $883, while at the 75th percentile, it reaches around $2,127. For those at the 90th percentile, the tax bill can be as high as $3,129. The median tax bill in Okeechobee is $1,338, which is below the national median property tax bill of $2,400. This relatively lower tax burden can be advantageous for homeowners, making the area more attractive for those looking to manage their housing costs effectively.

Property Tax Bills Across Okeechobee County, Florida

Source: Ownwell

$1,290

$1,326

$1,361

Median Okeechobee County Tax Bill

$1,338

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Okeechobee County, Florida

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Okeechobee	$552	$883	$1,338	$2,127	$3,129

Source: Ownwell

Don't miss the deadline to petition!

Dates
Property Valuation Date	January 1
Appeal Deadline	September 13
Tax Bill
Issued	November 1

Links
Okeechobee Property Appraiser
Website	www.okeechobeepa.com

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