Okeechobee, FL Property Tax Rates

Compare property tax rates across 2 ZIP codes in Okeechobee, Florida.

ACS 2019-2023 · Updated Dec 2024

Avg Tax Rate

0.77%

Avg Annual Tax

$1,374

Avg Home Value

$178,100

ZIP Codes

2

Property Tax Overview: Okeechobee, FL

Okeechobee has 2 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.77%, which is near the Florida average of 0.76%. Annual property taxes range from $1,437 (ZIP 34972) to $1,311 (ZIP 34974).

For a home at Okeechobee's median value of $178,100, property taxes add approximately $115/month to housing costs. Okeechobee home values are below the Florida median of $339,091, which moderates the overall monthly tax burden.

Property tax rates within Okeechobee vary by 0.06 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 Okeechobee, FL

ZIP CodeEffective RateMedian TaxMedian Home Value
349720.74%$1,437$193,300
349740.80%$1,311$162,900

Okeechobee vs Florida Average

Effective Tax Rate

Okeechobee0.77%
Florida Avg0.76%

1% above state average

Annual Property Tax

Okeechobee$1,374
Florida Avg$2,645

Median Home Value

Okeechobee$178,100
Florida Avg$339,091

Frequently Asked Questions

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

The average effective property tax rate in Okeechobee, Florida is 0.77%, based on 2 ZIP codes.

How much is property tax in Okeechobee, FL?

The average median annual property tax in Okeechobee is $1,374 per year, with a median home value of $178,100.

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

ZIP code 34972 has the lowest effective tax rate in Okeechobee at 0.74%, with a median annual tax of $1,437.

How many ZIP codes are in Okeechobee, FL?

Okeechobee, Florida has 2 ZIP codes with property tax data available.

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

ZIP code 34974 has the highest effective tax rate in Okeechobee at 0.80%, with a median annual tax of $1,311.

How do Okeechobee property taxes compare to the Florida average?

Okeechobee's average effective property tax rate of 0.77% is near the Florida state average of 0.76%.

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

Property tax rate differences within Okeechobee 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 Okeechobee 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 Okeechobee, 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 Okeechobee 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 →