33438 Property Tax Rate
Canal Point, Florida · Part of Martin County
Effective Tax Rate
1.51%
50.4% below state avgMedian Annual Tax
$1,313
$109/mo escrow
Estimate Your Tax
Annual Tax
$1,313
Monthly
$109
Eff. Rate
1.51%
Buyer decision brief
What ZIP 33438 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$109/mo
Based on median annual tax paid
State context
0.74 percentage points above the Florida average
Florida average: 0.76%
Data confidence
High confidenceThe Census margin of error is $104, about 8% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Martin County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 33438 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$104 tax MOE, 8% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County context only
Martin County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 33438
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $87,100, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 1.51%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Florida and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $109 per month before insurance, HOA dues, or special assessments.
Assessor verification
Martin County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 33438 Compares
Median Annual Property Tax
ZIP 33438
1.51%
Effective rate
Florida Avg
0.76%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Florida
Higher than 100% of ZIP codes in Florida(100th percentile, 928 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 33438
Property owners in ZIP code 33438 (Canal Point, Florida) pay a median of $1,313/year in property taxes on homes valued at $87,100. This translates to an effective tax rate of 1.51%, which is 97% above the Florida state average of 0.76%.
The monthly property tax burden for a median-valued home in 33438 is approximately $109, which factors into escrow payments on mortgages. This ZIP code is located within Martin County. This is $1,332 less than the Florida average of $2,645/year.
Compared to similar ZIP codes in Florida, 33438 has higher property taxes. ZIP codes with similar effective rates include 32336 (1.47%) and 33815 (1.39%).
If you're considering purchasing a home in 33438, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Martin County's tax assessor directly.
Frequently Asked Questions
What is the property tax rate in ZIP code 33438?
How much are property taxes in Canal Point, FL (33438)?
How does ZIP 33438 compare to the Florida average?
What is the median home value in ZIP 33438?
What county is ZIP code 33438 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$104. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 33438 is part of Martin County, Florida. View the full county profile for broader context and more data.
View Martin County on TaxByCounty →Why compare these ZIPs?
Better comparison set for ZIP 33438
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
34956
Indiantown, FL
0.84 percentage points lower than ZIP 33438.
Rate
0.67%
Tax
$1,357
Quality
82
34994
Stuart, FL
0.82 percentage points lower than ZIP 33438.
Rate
0.69%
Tax
$1,716
Quality
84
34996
Stuart, FL
0.77 percentage points lower than ZIP 33438.
Rate
0.73%
Tax
$3,007
Quality
84
33455
Hobe Sound, FL
0.72 percentage points lower than ZIP 33438.
Rate
0.79%
Tax
$3,107
Quality
82
34997
Stuart, FL
0.71 percentage points lower than ZIP 33438.
Rate
0.80%
Tax
$2,690
Quality
89
34990
Palm City, FL
0.68 percentage points lower than ZIP 33438.
Rate
0.83%
Tax
$4,613
Quality
82
33469
Jupiter, FL
0.67 percentage points lower than ZIP 33438.
Rate
0.84%
Tax
$4,649
Quality
89
34957
Jensen Beach, FL
0.62 percentage points lower than ZIP 33438.
Rate
0.89%
Tax
$3,370
Quality
82
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.