PropertyTaxPeek

Florida vs Washington Property Tax Comparison

Washington has a 0.01% higher effective property tax rate than Florida. On a $350,000 home, you would pay $35/year more in Washington.

2024 Data

Florida

Tax Rate0.86%
Median Tax$2,756
Median Home Value$320,500
Tax on $350K Home$3,010

Washington

Tax Rate0.87%
Median Tax$3,752
Median Home Value$431,200
Tax on $350K Home$3,045

Detailed Comparison

MetricFloridaWashingtonDifference
Effective Tax Rate0.86%0.87%-0.01%
Median Annual Tax$2,756$3,752-$996
Median Home Value$320,500$431,200-$110,700
Tax on $250K Home$2,150$2,175-$25
Tax on $350K Home$3,010$3,045-$35
Tax on $500K Home$4,300$4,350-$50
vs National Average (1.06%)-0.20%-0.19%-

Property Tax Calculator

0.86%
Annual Tax
$3,010
Monthly Tax
$251
vs National Avg
+$320
(-19.6% rate difference)

Looking to reduce your housing costs? Compare mortgage refinancing rates to lower your monthly payment. Check homeowners insurance quotes for potential savings. Explore home equity loan offers for home improvements. Consider property tax appeal services if your assessment seems too high.

Why Washington Has Higher Property Taxes Than Florida

Washington has an effective property tax rate of 0.87%, compared to 0.86% in Florida. This means homeowners in Washington pay approximately $35 more per year on a $350,000 home than those in Florida.

Property tax rates vary based on each state's funding model for local services, including schools, infrastructure, and public safety. States with lower property taxes may compensate through higher state income tax or sales tax. Consider total tax burden when comparing states for relocation.

If you're moving between states, factor in homeowners insurance costs, mortgage refinancing rates, and potential homestead exemption savings. A property tax appeal can also help reduce your assessment in either state.

For more financial context, explore salary data, cost of living comparisons, and ZIP code details for both states.

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