How much are property taxes in Big Pine Key, FL?

Homeowners in Big Pine Key, FL pay a median of $3,398 (±$446) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $4,104.

Homes without a mortgage pay a median of $2,806.

That is about 0.5% of the median home value of $637,000.

In Big Pine Key, the median real estate tax went from $2,389 in 2015–2019 to $3,398 in 2020–2024 (+42.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median real estate taxes
$3,398 (±$446)
With a mortgage
$4,104
Without a mortgage
$2,806
Share of median value
0.5%

Real estate taxes in Big Pine Key against Monroe County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Big Pine KeyMonroe CountyFloridaUnited States
Median real estate taxes$3,398 (±$446)$4,129 (±$172)$2,730 (±$10)$3,119
Homes with a mortgage$4,104 (±$413)$4,434 (±$205)$2,993 (±$15)$3,489
Homes without a mortgage$2,806 (±$422)$3,811 (±$198)$2,319 (±$16)$2,576
Median home value$637,000 (±$53,923)$780,600 (±$26,820)$359,000 (±$930)$332,700

In Big Pine Key, the median real estate tax is lower than in Monroe County ($4,129).

It is also higher than in Florida ($2,730).

It is not measurably different from the national figure ($3,119).

In Monroe County, Big Pine Key ranks 8 of 12 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 217 of 825.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Big Pine Key

The median tax ($3,398) is 0.5% of the median home value ($637,000).

Across Monroe County the same ratio is 0.5%.

Across Florida it is 0.8%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Big Pine Key have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$2,389 (±$261)$3,398 (±$446)+42.2%No measurable change after inflation
Median home value$363,700 (±$18,778)$637,000 (±$53,923)+75.1%Up after inflation
Median owner cost with a mortgage$2,122 (±$146)$3,028 (±$268)+42.7%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Big Pine Key

Nearest places with a published estimate, compared with Big Pine Key
PlaceDistanceMedian real estate taxesCompared with this place
Big Pine Key—$3,398 (±$446)—
Cudjoe Key8.6 mi$4,438 (±$231)Higher
Big Coppitt Key20 mi$2,806 (±$306)Lower
Marathon21 mi$3,995 (±$586)Not measurably different
Key Colony Beach22 mi$5,640 (±$2,884)Not measurably different
Stock Island25 mi$2,518 (±$448)Lower
Key West27 mi$4,442 (±$400)Higher
Layton36 mi$3,700 (±$659)Not measurably different
Islamorada55 mi$5,473 (±$922)Higher

Nearby places with a measurably lower figure: Big Coppitt Key, FL ($2,806), Stock Island, FL ($2,518).

Nearby places with a measurably higher figure: Cudjoe Key, FL ($4,438), Key West, FL ($4,442), Islamorada, FL ($5,473).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Monroe County, place by place

RankPlaceMedian real estate taxes
2Key Colony Beach$5,640 (±$2,884)
3Islamorada$5,473 (±$922)
4Key West$4,442 (±$400)
5Cudjoe Key$4,438 (±$231)
6Marathon$3,995 (±$586)
7Layton$3,700 (±$659)
8Big Pine Key$3,398 (±$446)
9Tavernier$3,156 (±$818)
10Key Largo$3,150 (±$320)
11Big Coppitt Key$2,806 (±$306)
12Stock Island$2,518 (±$448)

Showing 11 of 12 places in Monroe County, ranked from highest to lowest.

Big Pine Key is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Big Pine Key

How much are property taxes in Big Pine Key?

The median real estate tax paid by homeowners in Big Pine Key, FL is $3,398 (±$446) a year (2020–2024 American Community Survey).

What is the property tax rate in Big Pine Key?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.5% of the median home value in Big Pine Key, and the actual rate is set by the town, county and school district.

Have property taxes in Big Pine Key gone up?

In Big Pine Key, the median real estate tax went from $2,389 in 2015–2019 to $3,398 in 2020–2024 (+42.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in Big Pine Key higher than in Monroe County?

In Big Pine Key, the median real estate tax is lower than in Monroe County ($4,129).

It is also higher than in Florida ($2,730).

It is not measurably different from the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Big Pine Key CDP, Florida (place:06425, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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