34996 Property Tax Rate

Property owners in ZIP code 34996 (Stuart, Florida) pay a median of $3,007/year in property taxes on homes valued at $409,400. This translates to an effective tax rate of 0.73%, which is 4% below the Florida state average of 0.76%.

The monthly property tax burden for a median-valued home in 34996 is approximately $251, which factors into escrow payments on mortgages. This ZIP code is located within Martin County. This is $362 more than the Florida average of $2,645/year.

Compared to similar ZIP codes in Florida, 34996 has higher property taxes. ZIP codes with similar effective rates include 34473 (0.73%) and 32043 (0.73%).

In Stuart, property taxes represent approximately 3.6% of the median household income of $82,898, 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% annually, but resets to market value upon sale—Martin County's high effective rate (1.51%) makes this reassessment particularly expensive. Martin County offers a $25,000 homestead exemption plus an additional $25,000 exemption for non-school taxes; file with the Martin County Property Appraiser within 30 days of purchase to minimize the impact of reassessment. Contact the Property Appraiser at (772) 221-8000 or visit martin.fl.us/propertytax to confirm your homestead application was processed.