Lake Placid, Highlands County, Florida Property Taxes
Property Taxes in Lake Placid, Florida
Median Lake Placid, Florida effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Lake Placid, Florida home value: $205,405
Median annual Lake Placid, Florida tax bill: $1,670, $730 lower than the national median property tax bill of $2,400.
How are property taxes in Highlands calculated?
Property taxes in Lake Placid, 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 Lake Placid's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lake Placid, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Lake Placid, Highlands County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$1,869
$1,735
How Does the Lake Placid Property Tax Calculator Work?
Use this Lake Placid property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lake Placid's median effective tax rate of 0.91% — based on actual property records in Highlands 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 Lake Placid'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 Lake Placid: rates range from 0.91% in 33852 to 0.91% in 33852, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Lake Placid.
About Lake Placid Property Taxes
About Property Taxes in Lake Placid, Highlands, Florida
Lake Placid's median effective property tax rate of 0.91% is lower than the Florida state median of 1.10% and lower than the national median of 1.02%. This rate reflects the Highlands 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 Lake Placid. Homeowners in the 33852 ZIP code carry a median effective rate of 0.91%, while those in the same ZIP also pay 0.91%. This spread reflects how school district boundaries and local assessment districts are drawn across Highlands County. Understanding which part of Lake Placid you live in can make a meaningful difference to your annual tax bill.
Lake Placid 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 Lake Placid, Highlands 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 Lake Placid'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 Lake Placid Tax Rate
0.91%
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 Highlands County Tax Rate
0.89%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lake Placid, Highlands County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33852 | 0.41% | 0.53% | 0.91% | 1.31% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Lake Placid, Highlands County, Florida
When examining property taxes in Lake Placid, 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 Highlands County property appraiser 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 Highlands County, assessment notices are sent in August each year.
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. For example, the median home price in Lake Placid is $205,405, with a median tax bill of $1,670. The highest median home price is in 33852 at $205,405.
Property Tax Assessment Values Across Lake Placid, Highlands County, Florida
Source: Ownwell
$68,670
$148,126
$227,582
Median Lake Placid Market Value
$205,405
Median Highlands County Market Value
$180,546
Median Florida Market Value
$310,033
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lake Placid, Highlands County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33852 | $84,845 | $140,088 | $205,405 | $296,228 | $443,872 |
Source: Ownwell
Property Tax Bills Across Lake Placid, Highlands County, Florida
Property tax bills in Lake Placid are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the bill depends on both the value of the home and the tax rates set by local taxing authorities in Highlands County.
With a median home price of $205,405, property taxes can vary widely from one homeowner to another. The 25th percentile tax bill is $910, while the 75th percentile is $2,790 and the 90th percentile reaches $4,345. That spread shows how much assessed value and local tax rules can affect what you owe each year.
For many homeowners, a higher assessed value can mean a larger tax bill, even if the home has not been sold. Understanding how property taxes are calculated in Lake Placid can help homeowners better anticipate costs and spot when a bill may be higher than expected.
Median Lake Placid Tax Bill
$1,670
Median Highlands County Tax Bill
$1,468
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$2,400
Property Tax Bills Across Lake Placid, Highlands County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33852 | $572 | $910 | $1,670 | $2,790 | $4,345 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Appeal Deadline | September 15 |
Links | |
|---|---|
| Highlands Property Appraiser | |
| Website | www.hcpao.org |