34761 Property Tax Rate

Property owners in ZIP code 34761 (Ocoee, Florida) pay a median of $2,935/year in property taxes on homes valued at $363,100. This translates to an effective tax rate of 0.81%, which is 6% above the Florida state average of 0.76%.

The monthly property tax burden for a median-valued home in 34761 is approximately $245, which factors into escrow payments on mortgages. This ZIP code is located within Orange County. This is $290 more than the Florida average of $2,645/year.

Compared to similar ZIP codes in Florida, 34761 has higher property taxes. ZIP codes with similar effective rates include 32168 (0.81%) and 33525 (0.81%).

In Ocoee, property taxes represent approximately 3.2% of the median household income of $90,406, providing context for the relative tax burden on homeowners in this area.

Under Florida's Save Our Homes Act, your homestead property's assessed value is capped at 3% annual increases, but resets to market value upon sale—meaning your initial tax bill will jump to the new assessed value. Orange County offers a $25,000 homestead exemption plus an additional $25,000 exemption for non-school taxes; apply with the Orange County Property Appraiser before or immediately after closing to secure these deductions. File your homestead exemption application online at ocpafl.org or visit the Property Appraiser's office in person to ensure timely processing.