Property Taxes in Ocean Ridge, Florida
Median Ocean Ridge, Florida effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, and higher than the Florida state median of 1.10%.
Median Ocean Ridge, Florida home value: $1,250,000
Median annual Ocean Ridge, Florida tax bill: $12,968, $10,568 higher than the national median property tax bill of $2,400.
How are property taxes in Palm Beach calculated?
Property taxes in Ocean Ridge, 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 Ocean Ridge's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ocean Ridge, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Ocean Ridge Property Tax Calculator Work?
Use this Ocean Ridge property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Ocean Ridge's median effective tax rate of 1.43% — 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 Ocean Ridge'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 Ocean Ridge: rates range from 1.43% in 33435 to 1.43% in 33435, primarily due to differences in school district levies and local assessment districts.
If your estimate is higher than expected, Ownwell can appeal your Ocean Ridge assessment — you only pay if we save you money.
About Ocean Ridge Property Taxes
About Property Taxes in Ocean Ridge, Palm Beach, Florida
Ocean Ridge's median effective property tax rate of 1.43% 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 Ocean Ridge. Homeowners in the 33435 ZIP code carry a median effective rate of 1.43%, while those in the lowest ZIP code pay 1.43%. This spread — 0.00 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 Ocean Ridge you live in can make a meaningful difference to your annual tax bill.
Ocean Ridge 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 Ocean Ridge, 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 Ocean Ridge'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 Ocean Ridge Tax Rate
1.43%
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 Ocean Ridge, Palm Beach County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33435 | 0.50% | 0.81% | 1.43% | 1.67% | 1.83% |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Ocean Ridge, Palm Beach County, Florida
When examining property taxes in Ocean Ridge, 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 August 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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Ocean Ridge.
For example, the median home price in Ocean Ridge is $1,250,000, with tax bills ranging significantly across the county. 33435 has the highest median home price at $1,250,000.
Property Tax Assessment Values Across Ocean Ridge, Palm Beach County, Florida
Source: Ownwell
$120,505
$745,768
$1,371,030
Median Ocean Ridge Market Value
$1,250,000
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 Ocean Ridge, Palm Beach County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33435 | $200,000 | $344,000 | $1,250,000 | $2,118,471 | $3,710,772 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Ocean Ridge, Palm Beach County, Florida
In Ocean Ridge, property tax bills are based on the assessed value of a home and the local tax rate set by Palm Beach County and other taxing authorities. For homeowners, that means a higher assessed value can lead to a larger bill, especially in a market where the median home price is $1,250,000. The typical tax bill can vary widely, with the 25th percentile at $4,458, the 75th percentile at $25,281, and the 90th percentile at $45,366.
Property taxes affect homeowners by increasing the annual cost of owning a home, and bills can be especially significant when assessments rise faster than the market suggests. Ownwell helps homeowners save by reviewing assessments, identifying potential overassessments, and filing property tax appeals and exemption services when eligible. That can lower a property tax bill and help homeowners keep more of their money each year.
Property Tax Bills Across Ocean Ridge, Palm Beach County, Florida
Source: Ownwell
$1,291
$10,080
$18,868
Median Ocean Ridge Tax Bill
$12,968
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 Ocean Ridge, Palm Beach County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33435 | $2,414 | $4,458 | $12,968 | $25,281 | $45,366 |
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 | |