Palm Bay Property Tax Rate

Brevard County, Florida

0.62%effective rate

Palm Bay is located in Brevard County, Florida. Homeowners in Palm Bay pay a median of $1,539 per year in property taxes on a home valued at $248,000, resulting in an effective tax rate of 0.62%. This is 9% lower than the Brevard County average of 0.68%.

Effective Tax Rate🏠

0.62%

vs 0.68% county avg

Est. Annual Tax💰

$1,539

Per year

Median Home Value📊

$248,000

2024 estimate

Population📍

125,273

Palm Bay, FL

How Palm Bay Compares

Palm Bay
0.62%
Brevard County Average
0.68%
Florida Average
0.76%
National Average
0.92%

Cities in Brevard County

Compare property tax rates for 6 cities in Brevard County, Florida.

CityAnnual TaxRate
Melbourne$1,9130.70%
West Melbourne$2,3610.69%
Rockledge$2,0480.67%
Merritt Island$2,4950.66%
Palm Bay$1,5390.62%
Titusville$1,4910.61%

About Property Taxes in Palm Bay

Property taxes in Palm Bay are collected by Brevard County. Tax exemptions available to Brevard County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Palm Bay. For detailed information on available exemptions and the county tax collector, see the Brevard County property tax page.

Property Tax Calculator

Estimate your annual property tax in Palm Bay

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$50k$2M

Estimated Annual Property Tax

$1,860

$155/month · Rate: 0.62%

Brevard County Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

View county details →

Florida Property Taxes

Statewide rates, all 67 counties, and exemptions.

View state details →

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

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Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.