Costs & PMI
How much are property taxes in Palm Beach County?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Palm Beach County property taxes run roughly 1% to 1.2% of assessed value per year. On a $400,000 home that's about $4,000 to $4,800 annually, escrowed into your monthly payment.
Florida's Homestead Exemption knocks up to $50,000 off the taxable value of your primary residence and caps annual assessment increases at 3% under Save Our Homes. We factor your homesteaded tax estimate into the payment from day one.
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