Miami, FL Property Tax Rates

Compare property tax rates across 55 ZIP codes in Miami, Florida.

ACS 2019-2023 · Updated Dec 2024

Avg Tax Rate

0.84%

Avg Annual Tax

$4,241

Avg Home Value

$500,517

ZIP Codes

55

Property Tax Overview: Miami, FL

Miami has 55 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.84%, which is 9% above the Florida average of 0.76%. Annual property taxes range from $1,737 (ZIP 33167) to $4,764 (ZIP 33190).

For a home at Miami's median value of $500,517, property taxes add approximately $349/month to housing costs. Miami home values are above the Florida median of $339,091, meaning the monthly tax impact is correspondingly higher.

Property tax rates within Miami vary by 0.77 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.

ZIP Codes in Miami, FL

ZIP CodeEffective RateMedian TaxMedian Home Value
331670.51%$1,737$341,300
331720.55%$1,418$260,200
331620.59%$2,038$345,000
331470.61%$1,835$301,300
331430.66%$5,090$768,900
331450.67%$3,751$560,300
331680.68%$2,229$329,000
331420.68%$2,034$298,000
331890.69%$2,828$409,500
331270.71%$2,845$398,800
331830.72%$2,691$372,000
331750.72%$3,305$456,600
331650.74%$3,508$476,100
331250.74%$2,790$377,600
331790.75%$2,116$281,400
331840.75%$3,147$418,200
331730.76%$3,492$460,500
331360.76%$2,677$352,700
331350.76%$3,017$396,700
331770.76%$3,047$399,000
331610.76%$2,879$376,500
331740.77%$2,914$379,000
331550.78%$3,929$505,000
331220.78%$10,001$1,284,700
331860.78%$3,312$422,300
331440.79%$3,459$440,600
331760.79%$4,472$568,400
331500.79%$2,991$377,700
331570.80%$3,849$478,300
331560.81%$8,579$1,063,100
331690.81%$2,861$352,800
331820.82%$3,882$473,200
331330.83%$7,500$906,800
331460.84%$9,563$1,141,800
331870.84%$4,211$501,800
331260.85%$2,554$299,800
331340.85%$5,631$660,200
331380.86%$5,926$686,300
331930.87%$3,671$422,600
331580.88%$8,240$935,800
331800.89%$4,199$471,400
331960.90%$4,112$457,300
331850.96%$4,774$496,700
331810.96%$3,040$315,200
331700.99%$4,232$426,200
331661.04%$5,083$489,200
331941.07%$4,991$468,200
331291.09%$6,263$573,900
331781.14%$5,704$499,300
331301.16%$5,553$479,800
331371.16%$6,207$532,900
331321.17%$6,370$545,100
331311.20%$7,436$621,700
331901.28%$4,764$371,200
33128N/A$4,500N/A

Miami vs Florida Average

Effective Tax Rate

Miami0.84%
Florida Avg0.76%

9% above state average

Annual Property Tax

Miami$4,241
Florida Avg$2,645

Median Home Value

Miami$500,517
Florida Avg$339,091

Frequently Asked Questions

What is the average property tax rate in Miami, FL?

The average effective property tax rate in Miami, Florida is 0.84%, based on 55 ZIP codes.

How much is property tax in Miami, FL?

The average median annual property tax in Miami is $4,241 per year, with a median home value of $500,517.

Which ZIP code in Miami has the lowest property tax rate?

ZIP code 33167 has the lowest effective tax rate in Miami at 0.51%, with a median annual tax of $1,737.

How many ZIP codes are in Miami, FL?

Miami, Florida has 55 ZIP codes with property tax data available.

Which ZIP code in Miami has the highest property tax rate?

ZIP code 33190 has the highest effective tax rate in Miami at 1.28%, with a median annual tax of $4,764.

How do Miami property taxes compare to the Florida average?

Miami's average effective rate of 0.84% is 9% above the Florida state average of 0.76%.

What factors affect property tax rates between ZIP codes in Miami?

Property tax rate differences within Miami are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.

Tips for Miami Homeowners

  • Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
  • Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
  • Know your assessment cycle: Florida reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
  • Compare ZIP codes before buying: Even within Miami, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.

Looking for county-level property tax data? View Miami-Dade County on TaxByCounty.com

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.

Learn about our data sources and methodology →