How much are property taxes in Vero Beach, FL?

Homeowners in Vero Beach, FL pay a median of $3,350 (±$614) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $3,098.

Homes without a mortgage pay a median of $3,533.

That is about 0.9% of the median home value of $391,900.

In Vero Beach, the median real estate tax went from $2,154 in 2015–2019 to $3,350 in 2020–2024 (+55.5%).

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
$3,350 (±$614)
With a mortgage
$3,098
Without a mortgage
$3,533
Share of median value
0.9%

Real estate taxes in Vero Beach against Indian River County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Vero BeachIndian River CountyFloridaUnited States
Median real estate taxes$3,350 (±$614)$2,436 (±$93)$2,730 (±$10)$3,119
Homes with a mortgage$3,098 (±$872)$2,363 (±$136)$2,993 (±$15)$3,489
Homes without a mortgage$3,533 (±$942)$2,512 (±$140)$2,319 (±$16)$2,576
Median home value$391,900 (±$55,354)$351,500 (±$7,643)$359,000 (±$930)$332,700

In Vero Beach, the median real estate tax is higher than in Indian River County ($2,436).

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

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

In Indian River County, Vero Beach ranks 6 of 15 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 225 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 Vero Beach

The median tax ($3,350) is 0.9% of the median home value ($391,900).

Across Indian River County the same ratio is 0.7%.

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 Vero Beach 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$2,154 (±$391)$3,350 (±$614)+55.5%No measurable change after inflation
Median home value$259,800 (±$31,457)$391,900 (±$55,354)+50.8%Up after inflation
Median owner cost with a mortgage$1,727 (±$255)$1,988 (±$325)+15.1%No measurable change 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 Vero Beach

Nearest places with a published estimate, compared with Vero Beach
PlaceDistanceMedian real estate taxesCompared with this place
Vero Beach—$3,350 (±$614)—
Gifford2.8 mi$1,780 (±$450)Lower
Vero Beach South2.8 mi$1,949 (±$141)Lower
Indian River Shores4.4 mi$10,000 or more—
Florida Ridge4.4 mi$1,520 (±$334)Lower
Winter Beach5.0 mi$3,556 (±$362)Not measurably different
West Vero Corridor5.6 mi$1,468 (±$366)Lower
South Beach6.2 mi$6,431 (±$538)Higher
Wabasso Beach7.4 mi$4,667 (±$668)Higher

Nearby places with a measurably lower figure: Gifford, FL ($1,780), Vero Beach South, FL ($1,949), Florida Ridge, FL ($1,520).

Nearby places with a measurably higher figure: South Beach, FL ($6,431), Wabasso Beach, FL ($4,667).

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

Median real estate taxes across Indian River County, place by place

RankPlaceMedian real estate taxes
1 (tie)Indian River Shores$10,000 or more
1 (tie)Orchid$10,000 or more
3South Beach$6,431 (±$538)
4Wabasso Beach$4,667 (±$668)
5Winter Beach$3,556 (±$362)
6Vero Beach$3,350 (±$614)
7Wabasso$2,226 (±$642)
8Sebastian$2,062 (±$198)
9Vero Beach South$1,949 (±$141)
10Gifford$1,780 (±$450)
11Vero Lake Estates$1,653 (±$281)
12Roseland$1,648 (±$732)

Showing 12 of 15 places in Indian River County, ranked from highest to lowest.

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 Vero Beach

How much are property taxes in Vero Beach?

The median real estate tax paid by homeowners in Vero Beach, FL is $3,350 (±$614) a year (2020–2024 American Community Survey).

What is the property tax rate in Vero Beach?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.9% of the median home value in Vero Beach, and the actual rate is set by the town, county and school district.

Have property taxes in Vero Beach gone up?

In Vero Beach, the median real estate tax went from $2,154 in 2015–2019 to $3,350 in 2020–2024 (+55.5%).

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 Vero Beach higher than in Indian River County?

In Vero Beach, the median real estate tax is higher than in Indian River County ($2,436).

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 Vero Beach city, Florida (place:74150, 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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