The median sales price of a Miami-Dade County home in the first quarter of 2022 was $400,000, based on data from the 11,983 properties sold during that time. In 2019 the median tax bill for the county was $3,200, which is 0.8% of the median value of the homes that were taxed.
This is 0.7 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Miami-Dade County real estate data showed homeowners in Medley and Bal Harbour paid the highest rates.
The following table compares Medley with some other cities belonging to Miami-Dade County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2022.
| City | Q1 2022 Sales | Q1 2022 Median Price | Median tax 2022 | Effective tax rate |
|---|---|---|---|---|
| Medley | 1 | $145,000 | $3,562 | 2.5% |
| Bal Harbour | 64 | $750,000 | $12,185 | 1.6% |
| North Bay Village | 101 | $310,000 | $4,485 | 1.4% |
| Bay Harbor Islands | 85 | $300,000 | $4,138 | 1.4% |
| Miami Beach | 1,304 | $469,000 | $5,994 | 1.3% |
| Golden Beach | 14 | $4,087,500 | $49,771 | 1.2% |
| Sunny Isles Beach | 247 | $420,000 | $5,134 | 1.2% |
| Aventura | 647 | $385,000 | $4,605 | 1.2% |
| Miami Springs | 43 | $530,000 | $5,771 | 1.1% |
| Doral | 246 | $411,750 | $4,442 | 1.1% |
| Hialeah (unincorporated) | 123 | $242,000 | $2,677 | 1.1% |
| West Miami | 20 | $481,100 | $4,732 | 1% |
| Opa-Locka | 35 | $252,000 | $2,413 | 1% |
| Hialeah | 510 | $280,000 | $2,684 | 1% |
| Miami | 2,400 | $448,450 | $4,679 | 1% |
| Hialeah Gardens | 36 | $263,200 | $2,707 | 1% |
| Surfside | 81 | $800,000 | $8,133 | 1% |
| Coral Gables | 286 | $922,500 | $9,270 | 1% |
| Kendall | 380 | $361,000 | $3,732 | 1% |
| Miami Shores | 77 | $848,000 | $7,321 | 0.9% |
| Miami Gardens | 346 | $338,500 | $2,889 | 0.9% |
| Biscayne Park | 17 | $700,000 | $6,560 | 0.9% |
| Homestead | 311 | $295,000 | $2,784 | 0.9% |
| Sweetwater | 28 | $359,500 | $3,109 | 0.9% |
| Palmetto Bay | 127 | $646,900 | $5,590 | 0.9% |
| Pinecrest | 99 | $950,000 | $8,844 | 0.9% |
| Miami Lakes | 75 | $495,000 | $4,470 | 0.9% |
| North Miami | 237 | $295,500 | $2,688 | 0.9% |
| North Miami Beach (unincorporated) | 6 | $259,500 | $2,386 | 0.9% |
| Country Walk | 60 | $462,000 | $4,028 | 0.9% |
| Florida City | 28 | $260,000 | $2,084 | 0.8% |
| Virginia Gardens | 5 | $455,000 | $3,689 | 0.8% |
| Cutler Bay | 228 | $412,500 | $3,296 | 0.8% |
| Key Biscayne | 122 | $1,528,850 | $12,494 | 0.8% |
| South Miami | 38 | $681,500 | $5,779 | 0.8% |
| Miami (unincorporated) | 2,070 | $350,000 | $2,951 | 0.8% |
| South Miami (unincorporated) | 86 | $607,500 | $4,912 | 0.8% |
| El Portal | 14 | $750,500 | $5,236 | 0.7% |
| Homestead (unincorporated) | 245 | $370,000 | $2,444 | 0.7% |
| Opa-Locka (unincorporated) | 45 | $380,000 | $2,580 | 0.7% |
| West Perrine | 41 | $320,000 | $2,222 | 0.7% |
| North Miami Beach | 214 | $325,000 | $1,923 | 0.6% |
| Palmetto Estates | 29 | $420,000 | $2,466 | 0.6% |
| Richmond Heights | 37 | $355,100 | $2,267 | 0.6% |
| Florida City (unincorporated) | 14 | $282,500 | $1,515 | 0.5% |
| Brownsville | 43 | $300,000 | $1,618 | 0.5% |
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