Margate, Florida — Tax Burden
What is the tax burden in Margate, Florida?
Margate, Florida has a total tax burden of 6.05%, ranking #6089 nationally. Property tax rate: 0.80%, state income tax: 0.000%, sales tax: 7.02%. Median household income is $56,324.
Source: US Census ACS, 2022
Ranked #6089 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
6.05%
Rank: 6089th nationally
Property Tax Rate
0.80%
Rank: 4437th nationally
Income Tax Rate
0.000%
Florida state rate
Sales Tax Rate
7.02%
State + local combined
Tax Burden Breakdown
Property (62%)Income (0%)Sales (38%)
Median Income: $56,324
Median Home Value: $262,100
Median Property Tax: $2,104/yr
Population: 58,396