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Margate, Broward County, Florida Property Taxes

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Property Taxes in Margate, Florida

  • Median Margate, Florida effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, and higher than the Florida state median of 1.10%.

  • Median Margate, Florida home value: $295,070

  • Median annual Margate, Florida tax bill: $3,178, $778 higher than the national median property tax bill of $2,400.

How are property taxes in Broward calculated?

Property taxes in Margate, Florida are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Margate's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Margate, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Margate, Broward County, Florida Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.34%

Estimate Property Tax Bill

$3,954

$3,669

SAVE WITH OWNWELL

$774

Average Annual Tax Savings

How Does the Margate Property Tax Calculator Work?

Use this Margate property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Margate's median effective tax rate of 1.34% — based on actual property records in Broward County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Margate's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Margate: rates range from $3087.00 in 33063 to $3713.00 in 33068, primarily due to differences in school district levies and local assessment districts.

Margate's median property tax bill of $3178 is higher than the Florida median tax bill and higher than the national median property tax bill of $2400. If your estimate is higher than expected, Ownwell can appeal your Margate assessment — you only pay if we save you money.

About Margate Property Taxes

About Property Taxes in Margate, Broward, Florida

Margate’s median effective property tax rate of 1.34% is higher than the Florida state median of 1.10% and higher than the national median of 1.02%. This rate reflects the Broward County base levy combined with local school district levies and Municipal Service Benefit Units that vary by subdivision throughout the city.

Property tax rates are not uniform across Margate. Homeowners in the 33068 ZIP code carry a median effective rate of 1.53%, while those in 33063 pay 1.30%. This spread — 0.23 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Broward County. Understanding which part of Margate you live in can make a meaningful difference to your annual tax bill.

Margate homeowners who believe their assessed value is too high can file a formal appeal with the Broward County Property Appraiser before the September 17, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Margate, Broward County, Florida

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Margate's effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.

Property Tax Rates Across Margate, Broward County, Florida

Source: Ownwell

0.78%

1.44%

2.10%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Margate Tax Rate

1.34%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Broward County Tax Rate

1.44%

Median Effective Florida Tax Rate

1.10%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Margate, Broward County, Florida

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
330630.37%0.63%1.30%1.94%2.24%
330680.44%0.62%1.53%2.10%2.27%

Source: Ownwell

Property Tax Assessment Values Across Margate, Broward County, Florida

When examining property taxes in Margate, Florida, understanding the distinction between market value and assessed value is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Broward County property appraiser estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices: In Broward County, assessment notices are sent in August each year.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. For example, the median home price in Margate is $295,070, with tax bills ranging significantly across the county. ZIP code 33068 has the highest median home price at $350,250.

Property Tax Assessment Values Across Margate, Broward County, Florida

Source: Ownwell

$53,600

$1,289,910

$2,526,220

Median Margate Market Value

$295,070

Median Broward County Market Value

$389,220

Median Florida Market Value

$310,033

Median United States Market Value

$235,294

Property Tax Assessment Values Across Margate, Broward County, Florida

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
33063$119,410$146,180$281,500$417,510$487,670
33068$127,000$251,532$350,250$421,112$481,735

Source: Ownwell

Property Tax Bills Across Margate, Broward County, Florida

Property tax bills in Margate are based on the assessed value of a home, not its market listing price. Local taxing authorities apply their tax rates to that assessed value, which means a higher assessment can lead to a higher bill. For homeowners in Broward County, the median home price is $295,070, and property tax bills can vary widely depending on location and assessment details. The 25th percentile tax bill is $1,695, while the 75th percentile is $5,548. At the high end, the 90th percentile reaches $8,121.

Because property taxes are tied to assessed value, even small errors can cost homeowners money each year. Ownwell helps homeowners challenge unfair assessments and identify savings opportunities, which can lower property tax bills and reduce the amount paid over time.

Property Tax Bills Across Margate, Broward County, Florida

Source: Ownwell

$917

$11,670

$22,422

Median Margate Tax Bill

$3,178

Median Broward County Tax Bill

$4,889

Median Florida Tax Bill

$3,263

Median United States Tax Bill

$2,400

Property Tax Bills Across Margate, Broward County, Florida

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
33063$615$1,498$3,087$5,447$8,057
33068$1,503$2,048$3,713$6,034$8,369

Source: Ownwell

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Frequently Asked Property Tax Questions in Margate, Florida

How are property taxes calculated in Margate, Florida?
Property taxes in Margate, Florida are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.
How do I appeal my property taxes in Margate, Florida?
To appeal your property taxes in Margate, Florida, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.
What property tax exemptions are available in Margate, Florida?
Common property tax exemptions in Margate, Florida include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.
When are property taxes due in Margate, Florida?
Property tax deadlines in Margate, Florida vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.
How can Ownwell help reduce my property taxes in Margate, Florida?
Ownwell provides professional property tax appeal services in Margate, Florida. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.