Stock Island, Monroe County, Florida Property Taxes
Property Taxes in Stock Island, Florida
Median Stock Island, Florida effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Stock Island, Florida home value: $365,490
Median annual Stock Island, Florida tax bill: $2,640, $240 higher than the national median property tax bill of $2,400.
How are property taxes in Monroe calculated?
Property taxes in Stock Island, 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 Stock Island's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stock Island, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Stock Island, Monroe County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$2,668
$2,476
How Does the Stock Island Property Tax Calculator Work?
Use this Stock Island property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Stock Island's median effective tax rate of 0.73% — based on actual property records in Monroe 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 Stock Island'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 Stock Island: rates range from 2640.00 in 33040 to 2640.00 in 33040, 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 Stock Island.
About Stock Island Property Taxes
About Property Taxes in Stock Island, Monroe, Florida
Stock Island’s median effective property tax rate of 0.73% is lower than the Monroe County state median of 1.10% and lower than the national median of 1.02%. This rate reflects the Monroe 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 Stock Island. Homeowners in the 33040 ZIP code carry a median effective rate of 0.73%, while those in 33040 pay 0.73%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Monroe County. Understanding which part of Stock Island you live in can make a meaningful difference to your annual tax bill.
Stock Island 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 Stock Island, Monroe 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 Stock Island'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 Stock Island Tax Rate
0.73%
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 Monroe County Tax Rate
0.72%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stock Island, Monroe County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33040 | 0.39% | 0.52% | 0.73% | 0.78% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Stock Island, Monroe County, Florida
When examining property taxes in Stock Island, 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 Monroe County appraisal district 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 are sent in the spring each year, and in Monroe County they typically reach your mailbox by the middle of August.
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. The median home price in Stock Island is $365,490, and the median tax bill is $2,640, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Stock Island, Monroe County, Florida
Source: Ownwell
$365,490
$1,120,322
$1,875,153
Median Stock Island Market Value
$365,490
Median Monroe County Market Value
$784,940
Median Florida Market Value
$310,033
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stock Island, Monroe County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33040 | $291,386 | $333,168 | $365,490 | $473,548 | $555,079 |
Source: Ownwell
Property Tax Bills Across Stock Island, Monroe County, Florida
Property tax bills in Stock Island are calculated by applying the local tax rate to a home’s assessed value, which is based on its market value. For a median home price of $365,490, the amount a homeowner pays can vary depending on exemptions, local taxing authorities, and any changes in assessed value.
The tax bill is not a fixed amount, and homeowners with similar homes may still receive different bills if their assessed values differ. In Stock Island, the median property tax bill is $2,640, which is above the national median property tax bill of $2,400 and close to the national median property tax rate of 1.02%.
For many homeowners, this means property taxes can be a meaningful part of annual housing costs. Bills at the 25th percentile are $1,871, while bills at the 75th percentile reach $2,802 and the 90th percentile rise to $3,889.
Median Stock Island Tax Bill
$2,640
Median Monroe County Tax Bill
$5,260
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$2,400
Property Tax Bills Across Stock Island, Monroe County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33040 | $1,552 | $1,871 | $2,640 | $2,802 | $3,889 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 15 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Monroe Property Appraiser | |
| Website | qpublic.schneidercorp.com |