What is the state average millage rate in Florida?

The state average millage rate in Florida is approximately 5.064. A millage rate is a figure used to calculate property taxes, where one mill represents one-tenth of a cent or $1 for every $1,000 of property value. The average figure reflects various factors, including differing rates across counties, municipal needs, and funding requirements for local government services.

This average rate is important for property owners to understand how much tax they can expect to pay based on their property’s assessed value. Many counties and municipalities in Florida might have their own specific rates that contribute to the overall average, but the 5.064 figure is a useful benchmark for understanding property tax obligations statewide.