Property Taxes in Lake Worth Beach, Florida
Median Lake Worth Beach, Florida effective property tax rate: 1.75%, significantly higher than the national median of 1.02%, and higher than the Florida state median of 1.10%.
Median Lake Worth Beach, Florida home value: $296,053
Median annual Lake Worth Beach, Florida tax bill: $4,037, $1,637 higher than the national median property tax bill of $2,400.
How are property taxes in Palm Beach calculated?
Property taxes in Lake Worth Beach, 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 Lake Worth Beach's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lake Worth Beach, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Lake Worth Beach Property Tax Calculator Work?
Use this Lake Worth Beach property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Lake Worth Beach's median effective tax rate of 1.75% — 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 Lake Worth Beach'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 Lake Worth Beach: rates range from $2,089 in 33461 to $4,352 in 33460, primarily due to differences in school district levies and local assessment districts. Lake Worth Beach's median property tax bill of $4,037 is higher than the national median property tax bill of $2,400 and higher than the Florida median property tax bill of 1.10%.
If your estimate is higher than expected, Ownwell can appeal your Lake Worth Beach assessment — you only pay if we save you money.
About Lake Worth Beach Property Taxes
About Property Taxes in Lake Worth Beach, Palm Beach, Florida
Lake Worth Beach’s median effective property tax rate of 1.75% is higher 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 Lake Worth Beach. Homeowners in ZIP code 33460 carry a median effective rate of 1.75%, while those in 33461 pay 1.66%. This spread — 0.09 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 Lake Worth Beach you live in can make a meaningful difference to your annual tax bill.
Lake Worth Beach 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 Lake Worth Beach, 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 Lake Worth Beach'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 Lake Worth Beach, Palm Beach County, Florida
Source: Ownwell
0.89%
1.47%
2.05%
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 Lake Worth Beach Tax Rate
1.75%
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 Lake Worth Beach, Palm Beach County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33460 | 0.44% | 0.84% | 1.75% | 2.18% | 2.42% |
| 33461 | 0.39% | 0.66% | 1.66% | 2.12% | 2.38% |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Lake Worth Beach, Palm Beach County, Florida
When examining property taxes in Lake Worth Beach, 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 appraisal district 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. The median home price in Lake Worth Beach is $296,053, with tax bills ranging significantly across the county. 33460 has the highest median home price at $304,334.
Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, property taxes in Lake Worth Beach reflect a higher local burden, with a median tax bill of $4,037.
Property Tax Assessment Values Across Lake Worth Beach, Palm Beach County, Florida
Source: Ownwell
$120,505
$745,768
$1,371,030
Median Lake Worth Beach Market Value
$296,053
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 Lake Worth Beach, Palm Beach County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33460 | $128,744 | $227,486 | $304,334 | $414,611 | $564,526 |
| 33461 | $85,311 | $95,433 | $120,505 | $308,277 | $356,474 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Lake Worth Beach, Palm Beach County, Florida
Property tax bills in Lake Worth Beach are based on the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value, and the final bill can also reflect exemptions and other local factors. With a median home price of $296,053, homeowners in Palm Beach County can see very different outcomes depending on where their property is located and how it is assessed.
The typical property tax bill in the area ranges from $2,128 at the 25th percentile to $6,671 at the 75th percentile, with the 90th percentile reaching $9,719. That is well above the national median property tax bill of $2,400, which means many homeowners here face a heavier tax burden.
Ownwell helps homeowners challenge inaccurate assessments and identify savings opportunities, including exemptions, so they can reduce their property tax bills and keep more of their money.
Property Tax Bills Across Lake Worth Beach, Palm Beach County, Florida
Source: Ownwell
$1,291
$10,080
$18,868
Median Lake Worth Beach Tax Bill
$4,037
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 Lake Worth Beach, Palm Beach County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33460 | $1,218 | $2,373 | $4,352 | $6,921 | $10,073 |
| 33461 | $454 | $1,335 | $2,089 | $3,477 | $6,868 |
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 | |