Property Taxes in Boca Raton, Florida
Median Boca Raton, Florida effective property tax rate: 1.07%, significantly higher than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Boca Raton, Florida home value: $486,713
Median annual Boca Raton, Florida tax bill: $4,905, higher by $2,505 than the national median property tax bill of $2,400.
How are property taxes in Palm Beach calculated?
Property taxes in Boca Raton, 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 Boca Raton's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Boca Raton, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Boca Raton Property Tax Calculator Work?
Use this Boca Raton property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Boca Raton's median effective tax rate of 1.07% — based on actual property records in Palm Beach 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 Boca Raton'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 Boca Raton: rates range from $2,517.00 in 33434 to $9,089.00 in 33432, primarily due to differences in school district levies and local assessment districts. Boca Raton's median property tax bill of $4,905 is higher than the Florida median, and the county's tax rate is also higher than the state median of 1.10%.
If your estimate is higher than expected, Ownwell can appeal your Boca Raton assessment — you only pay if we save you money.
About Boca Raton Property Taxes
About Property Taxes in Boca Raton, Palm Beach, Florida
Boca Raton's median effective property tax rate of 1.07% is lower than the Florida state median of 1.10% and higher than the national median of 1.02%. This rate reflects the Palm Beach County base levy combined with local school district levies and Municipal Service Benefit Units (MSBUs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Boca Raton. Homeowners in the 33432 ZIP code carry a median effective rate of 1.40%, while those in 33498 pay 0.96%. This spread — 0.44 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Palm Beach County. Understanding which part of Boca Raton you live in can make a meaningful difference to your annual tax bill.
Boca Raton homeowners who believe their assessed value is too high can file a formal appeal with the local Property Appraiser before the September 15, 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 Boca Raton, Palm Beach 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 Boca Raton's effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.
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 Boca Raton Tax Rate
1.07%
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 Palm Beach County Tax Rate
1.20%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Boca Raton, Palm Beach County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33428 | 0.42% | 0.64% | 1.03% | 1.55% | 1.69% |
| 33431 | 0.53% | 0.78% | 1.24% | 1.63% | 1.75% |
| 33432 | 0.51% | 0.82% | 1.40% | 1.64% | 1.74% |
| 33433 | 0.51% | 0.71% | 1.07% | 1.62% | 1.77% |
| 33434 | 0.38% | 0.65% | 1.15% | 1.52% | 1.74% |
| 33486 | 0.48% | 0.63% | 0.97% | 1.57% | 1.73% |
| 33487 | 0.50% | 0.72% | 1.17% | 1.60% | 1.73% |
| 33496 | 0.47% | 0.67% | 0.97% | 1.44% | 1.64% |
| 33498 | 0.54% | 0.72% | 0.96% | 1.46% | 1.61% |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Boca Raton, Palm Beach County, Florida
When examining property taxes in Boca Raton, 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 Palm Beach 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 Palm Beach County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of August.
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 Boca Raton, the median home price is $486,713, with tax bills ranging significantly across the county. ZIP code 33432 has the highest median home price at $865,363.
Property Tax Assessment Values Across Boca Raton, Palm Beach County, Florida
Source: Ownwell
$120,505
$745,768
$1,371,030
Median Boca Raton Market Value
$486,713
Median Palm Beach County Market Value
$386,119
Median Florida Market Value
$310,033
Median United States Market Value
$274,101
Property Tax Assessment Values Across Boca Raton, Palm Beach County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33428 | $179,964 | $235,000 | $398,427 | $548,134 | $706,483 |
| 33431 | $215,000 | $371,042 | $529,065 | $813,747 | $1,516,715 |
| 33432 | $225,000 | $371,490 | $865,363 | $1,609,000 | $3,758,545 |
| 33433 | $225,000 | $295,000 | $400,000 | $588,873 | $766,390 |
| 33434 | $105,000 | $134,608 | $219,000 | $555,148 | $960,924 |
| 33486 | $206,500 | $411,274 | $619,904 | $825,163 | $1,111,428 |
| 33487 | $220,000 | $275,000 | $516,577 | $666,781 | $1,587,015 |
| 33496 | $250,488 | $379,949 | $705,866 | $1,587,481 | $2,320,494 |
| 33498 | $341,650 | $489,716 | $611,548 | $752,259 | $874,739 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Boca Raton, Palm Beach County, Florida
Property tax bills in Boca Raton are based on the assessed value of a home, not the market price alone. Local taxing authorities apply the tax rate to that assessed value, and factors like location, property features, and exemptions can affect the final bill. With a median home price of $486,713, homeowners here often face bills that vary widely depending on where they live and how their property is assessed.
In Palm Beach County, the 25th percentile tax bill is $2,800, while the 75th percentile is $8,540 and the 90th percentile reaches $15,650. The highest median tax bill is $9,089 in ZIP code 33432, compared with $2,517 in ZIP code 33434. That spread shows how much a property tax appeal or exemption review can matter.
Ownwell helps homeowners lower property tax bills by reviewing assessments, identifying savings opportunities, and filing appeals when a property is overassessed. Since the national median property tax rate is 1.02% and the national median property tax bill is $2,400, even a small reduction can create meaningful savings.
Median Boca Raton Tax Bill
$4,905
Median Palm Beach County Tax Bill
$4,412
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$3,209
Property Tax Bills Across Boca Raton, Palm Beach County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33428 | $1,241 | $2,347 | $3,725 | $6,153 | $8,440 |
| 33431 | $2,108 | $3,544 | $6,268 | $9,806 | $16,786 |
| 33432 | $2,416 | $4,365 | $9,089 | $19,791 | $43,583 |
| 33433 | $1,734 | $2,951 | $4,471 | $6,578 | $9,595 |
| 33434 | $653 | $1,532 | $2,517 | $5,836 | $10,092 |
| 33486 | $2,369 | $3,370 | $5,385 | $8,817 | $12,757 |
| 33487 | $1,921 | $3,331 | $4,969 | $8,279 | $13,191 |
| 33496 | $1,819 | $3,596 | $7,105 | $16,406 | $27,637 |
| 33498 | $2,554 | $3,982 | $5,887 | $8,375 | $11,201 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 14 |
| Tax Bill | |
| Issued | November 1 |
| Due Date #1 | March 31 |
Links | |
|---|---|
| Palm Beach Property Appraiser | |
| Phone | (561) 355-3230 |
| Website | www.pbcgov.org |
| pa-info@pbcgov.org | |