Broward County, FL Property Tax Assessor Data
Property Values Rise in Broward County
Broward County is located in Southeast Florida. It is the second-most populous county in the state of Florida with a population of around 1.9 million. Cities in Broward County include Fort Lauderdale, Davie, Pembroke Pines, Miramar, Hollywood, Weston, Pompano Beach, and Coral Springs.
Despite the COVID-19 pandemic, new construction has continued in South Florida helping Broward County’s property values continue to rise. However, property tax rates have remained the same in many South Florida cities, despite the increasing property values.
Property Tax and Assessor Data Highlights for Broward County, Florida
ATTOM Data Solutions releases an annual property tax analysis for almost 87 million U.S. single family homes. The property tax and assessor data also shows changes in average home prices. In Broward Country, Florida, the average price of a single family home in 2020 was just over $400,000. In 2019, the estimated value of a single family home was just under $400,000.
Here are the highlights from ATTOM’s latest property tax and assessor data for Broward County, Florida.
Average tax amounts for a single family home in Broward county for 2020 were around $5,300, and the effective tax rate was around 1.3 percent.
In 2019, the average property tax was around $4,700, and the effective tax rate was around 1.2 percent.
Property taxes went up by about 13 percent from 2019 to 2020.
How You Can Use Property Tax and Assessor Data for Broward County, Florida
ATTOM’s County Tax Assessor data is a key resource for real estate portals that offer extensive data points to their users.
Home valuers need reliable source data for accurate home valuations. ATTOM’s tax assessor data can automate these processes making them faster and more efficient.
Insurance companies rely on assessed and appraised market values for their policies, and mortgage providers need tax assessor data to underwrite loans.
For marketers, property tax data helps purveyors to create targeted lists of homes and homeowners for real estate professionals.
ATTOM analyzes property tax data collected from county tax assessor offices nationwide at the state, metro, and county levels. The data includes estimated market values of single-family homes. The effective tax rate is the average annual property tax expressed as a percentage of the average estimated market value of homes in each geographic area.