Milton, Santa Rosa County, Florida Property Taxes
Median Milton, FL effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Milton, FL home value: $181,076
Median annual Milton, FL tax bill: $1,320, $1,080 lower than the national median property tax bill of $2,400.
How are property taxes in Santa Rosa calculated?
Property taxes in Milton, 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 Milton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Milton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Milton, Santa Rosa County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.76%
Estimate Property Tax Bill
$1,376
$1,277
Property Tax Rates Across Milton, Santa Rosa County, Florida
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. Each year, counties estimate the budget needed to provide services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although the process involves votes and laws, this is the basic annual procedure.
In Milton, located in Santa Rosa County, the effective property tax rate is an important consideration for homeowners. Comparing Milton's rate to other cities within Florida and the national median provides valuable context. While Milton's rate is slightly below the national median property tax rate of 1.02%, it is essential to understand how it stacks up against other regions in Florida. The highest median tax rate within the county is found in the 32571 zip code at 0.79%, while the lowest is in the 32570 zip code at 0.70%. These figures highlight the variability within the county and underscore the importance of understanding local tax rates when evaluating property expenses.
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 Milton Tax Rate
0.76%
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 Santa Rosa County Tax Rate
0.80%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Milton, Santa Rosa County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32565 | N/A | N/A | N/A | N/A | N/A |
| 32570 | 0.38% | 0.50% | 0.70% | 1.16% | 1.31% |
| 32571 | 0.38% | 0.58% | 0.79% | 1.15% | 1.27% |
| 32583 | 0.38% | 0.52% | 0.77% | 1.19% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Milton, Santa Rosa County, Florida
When examining property taxes in Milton, 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 Santa Rosa 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.
In Santa Rosa 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 Milton.
For example, the median home price in Milton is $181,076, with tax bills ranging significantly across the county. Zip code 32571 has the highest median home price at $211,246.
Property Tax Assessment Values Across Milton, Santa Rosa County, Florida
Source: Ownwell
$71,449
$226,869
$382,289
Median Milton Market Value
$181,076
Median Santa Rosa County Market Value
$224,182
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across Milton, Santa Rosa County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32565 | N/A | N/A | N/A | N/A | N/A |
| 32570 | $67,701 | $114,317 | $165,286 | $224,669 | $287,133 |
| 32571 | $68,155 | $143,438 | $211,246 | $276,029 | $361,192 |
| 32583 | $44,006 | $89,086 | $162,568 | $225,702 | $307,192 |
Source: Ownwell
Property Tax Bills Across Milton, Santa Rosa County, Florida
In Milton, located in Santa Rosa County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $181,076, homeowners in Milton can expect tax bills that vary significantly. The 25th percentile tax bill is around $643, while the 75th percentile reaches $2,192, and the 90th percentile peaks at $3,094. Compared to the national median property tax bill of $2,400, Milton offers a range of tax bills that can be more affordable for some homeowners.
Ownwell assists homeowners by identifying potential property tax savings. Our experts analyze your tax assessment to ensure accuracy and file appeals on your behalf if discrepancies are found. By leveraging our services, homeowners can potentially reduce their property tax bills, ensuring they only pay what is fair and accurate. This can lead to significant savings, particularly in areas with varying tax rates and assessed values.
Median Milton Tax Bill
$1,320
Median Santa Rosa County Tax Bill
$1,730
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Milton, Santa Rosa County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32565 | N/A | N/A | N/A | N/A | N/A |
| 32570 | $349 | $609 | $1,167 | $1,865 | $2,653 |
| 32571 | $407 | $843 | $1,641 | $2,562 | $3,430 |
| 32583 | $282 | $526 | $1,093 | $1,991 | $3,001 |
Source: Ownwell