Homestead, Florida — Tax Burden
What is the tax burden in Homestead, Florida?
Homestead, Florida has a total tax burden of 8.34%, ranking #4946 nationally. Property tax rate: 1.10%, state income tax: 0.000%, sales tax: 7.02%. Median household income is $57,739.
Source: US Census ACS, 2022
Ranked #4946 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
8.34%
Rank: 4946th nationally
Property Tax Rate
1.10%
Rank: 2950th nationally
Income Tax Rate
0.000%
Florida state rate
Sales Tax Rate
7.02%
State + local combined
Tax Burden Breakdown
Property (72%)Income (0%)Sales (28%)
Median Income: $57,739
Median Home Value: $316,200
Median Property Tax: $3,476/yr
Population: 79,996