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Lake Magdalene property tax, in one number.

0.76%effective tax rate on a home's value

The typical Lake Magdalene homeowner pays $2,826 a year on a $371,800 home. That's below the Hillsborough County rate (0.81%) and below the U.S. rate (0.94%).

Estimate my tax
Census ACS 5-year estimates, 2020–2024. Rate = median tax paid ÷ median home value.
Data from public sources
U.S. Census BureauAmerican Community Survey2020–2024 estimates

Lake Magdalene at a glance

Lake Magdalene is an unincorporated community (a Census-designated place) in Hillsborough County. Five numbers that shape a typical property tax bill here.

$371,800
Median home value
$2,826
Median tax paid
$3,005
With a mortgage
$2,607
Mortgage paid off
72.3%
Of homes owner-occupied
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Property tax calculator

Enter a home value to see a typical yearly bill at Lake Magdalene's average effective rate, or pick another area.

Estimate only. Uses average effective rates and doesn't apply homestead, senior or other exemptions, which lower many bills.
Estimated yearly tax
–
about – a month
−0.05 pts
Versus the Hillsborough County rate
0.76% here, 0.81% for Hillsborough County
  • Mortgage holders pay more.Homes with a mortgage paid a median $3,005, versus $2,607 for homes owned outright, often because they're newer, higher-value or more recently reassessed.
  • Share of income.The median bill equals about 3.7% of the median household income of $75,594.

The data, charted

Effective rate compared

ACS 2020–2024

Owners vs renters

13,083 occupied homes, ACS 2020–2024
Owner-occupied 72.3%Renter-occupied 27.7%

Cities in Hillsborough County

Effective rate, ACS 2020–2024

Lake Magdalene compared

ACS 2020–2024
AreaMedian taxHome valueRate
Lake Magdalene$2,826$371,8000.76%
Hillsborough County$3,010$371,5000.81%
Florida$2,730$359,0000.76%
United States$3,119$332,7000.94%

Other cities in Hillsborough County

Effective property tax rates nearby.

Nearby

Good to know

What is the property tax rate in Lake Magdalene?

The effective rate is about 0.76%. The median homeowner pays $2,826 a year on a home worth a median $371,800 (ACS 2020–2024). The legal tax rates set by each taxing unit are different numbers; the effective rate is what owners actually pay as a share of value.

How much is property tax on a $350,000 home in Lake Magdalene?

About $2,660 a year, or roughly $222 a month, at Lake Magdalene's average effective rate of 0.76%. Homestead, senior, veteran or other exemptions can lower the real bill, and a recent purchase or reassessment can raise it.

Why is my bill different from this estimate?

Your bill depends on your home's assessed value from the county assessor, the exact taxing units where you live (county, city, school district, special districts) and any exemptions you get. These figures are medians across all owner-occupied homes, not a bill for any address.

How current is this data?

It comes from the U.S. Census Bureau's American Community Survey 5-year estimates for 2020–2024, the latest release. Homeowners report the taxes they paid, so the numbers lag current bills by one to two years. We update the site when the Census Bureau publishes new estimates each December.

Estimates, not your tax bill. These are Census survey medians for all owner-occupied homes (2020–2024). Your bill depends on your assessed value, the taxing units at your address and any exemptions. For your actual bill, check with your county assessor or tax collector. How we calculate this.

More: Hillsborough County · all Florida counties · calculator for any county