Florida homestead exemption calculator
2026 tax figures.
Estimate 2026 savings from the $25,000 first exemption, the $26,411 additional non-school exemption, and the Save Our Homes assessed-value cap.
For 2026, a qualifying Florida homestead gets a $25,000 first exemption on all taxes plus an inflation-adjusted $26,411 additional exemption on non-school taxes for value above $50,000, for $51,411 total. Separately, the Save Our Homes cap limits annual assessed-value growth to the lower of 3 percent or inflation, which is 2.7 percent for 2026.
Reviewed June 20, 2026 against Florida Department of Revenue homestead and Save Our Homes tables, currently published 2025 Florida Statutes, Florida Constitution Article VII, DBPR's current sales associate Candidate Information Booklet, and CS/HJR 1-F. This calculator is for Florida exam prep and planning. It is not legal, tax, appraisal, closing, or county property appraiser advice.
Reduces every property tax, including school district taxes.
On value above $50,000, non-school taxes only. Inflation-adjusted under Amendment 5.
The first exemption plus the 2026 additional exemption.
Assessed value rises at most the lower of 3 percent or inflation each year.
Why this topic matters for homeowners and Florida exam prep.
Homestead shows up in real tax bills, property-rights doctrine, and exam tax math. The calculator keeps those lanes separate: official 2026 amounts, school vs non-school treatment, and the Save Our Homes cap that comes before exemption math.
DBPR lists protection of homestead and tax exemption inside the Property Rights exam area.
DBPR also lists Taxes Affecting Real Estate, including city and county property taxes and tax math.
Florida DOR's CPI adjustment table lists the 2026 additional homestead exemption amount.
The Save Our Homes cap is the lower of 3 percent or inflation; DOR lists 2.7 percent for 2026.
See what homestead takes off your tax bill.
Use the assessed value from your property appraiser, which can be lower than market value if Save Our Homes has capped it.
Enter this to see how much value Save Our Homes is shielding. Leave blank if you only want the exemption savings.
The first exemption is always $25,000. The additional non-school exemption is inflation-adjusted; pick the 2026 figure or the round number only when a practice stem gives that amount.
The additional exemption is no longer a flat $25,000. Amendment 5 indexes it to inflation, so for 2026 it is $26,411. A separate measure on the November 2026 ballot would raise the non-school exemption further starting in 2027, only if voters approve it.
Email your homestead savings and the cheat sheet.
Get the exemption tiers, the 2026 figures, Save Our Homes context, and your current savings in one printable note.
How the two exemption tiers work
The first $25,000 comes off the assessed value for every taxing authority, including the school district. The additional exemption attaches only to assessed value above $50,000 and applies to every levy except school taxes. Because of Amendment 5, that additional exemption is now inflation-adjusted, so for 2026 it is $26,411 rather than a flat $25,000.
Exam math versus your real bill
Use the exam-round toggle when a practice or exam-style stem gives the classic round $25,000 additional exemption. For a full property tax bill with millage and Save Our Homes cap modes, use the millage and property tax calculator. This page focuses on the exemption savings itself.
Get the taxable values right before applying millage.
Most homestead mistakes come from using the wrong starting value or applying the additional exemption to the wrong tax base. Work through these checks before multiplying by mills.
Which assessed value do you start with?
Start with assessed value, also called the Save Our Homes value. Do not start with market value unless the question says assessed and market value are the same.
What do you subtract for school taxes?
Subtract only the first $25,000 exemption. The additional exemption does not reduce school district taxes.
What do you subtract for non-school taxes?
Subtract the first $25,000, then subtract the additional exemption only from value above $50,000. For 2026, the maximum additional layer is $26,411.
Where does Save Our Homes fit?
Save Our Homes limits assessment growth before the exemption math. The homestead exemption then reduces the capped assessed value.
Do proposed 2027 changes affect this calculation?
No. CS/HJR 1-F is a November 2026 ballot item and is not part of the 2026 calculator logic.
The Florida exam can put homestead inside Property Rights, Taxes Affecting Real Estate, or Computations. If the stem asks for taxable value, stop before calculating tax. If it gives millage, split school and non-school taxable values first, then multiply each side by its own mills.
| Item | Amount | Applies to |
|---|---|---|
| First homestead exemption | $25,000 | All taxes, including school |
| Base additional exemption (2024) | $25,000 | Non-school taxes, value above $50,000 |
| Additional homestead exemption (2025) | $25,722 | Non-school taxes, inflation-adjusted |
| Additional homestead exemption (2026) | $26,411 | Non-school taxes, inflation-adjusted |
| Total exemption, fully qualifying (2026) | $51,411 | School base still reduced by $25,000 only |
| Save Our Homes portability cap | $500,000 | Transferable to a new Florida homestead |
CS/HJR 1-F has been signed by officers and filed with the Secretary of State for the November 2026 ballot. If approved by voters, it would take effect January 1, 2027. None of that changes the 2026 figures above. For the bill status, use the official Florida Senate CS/HJR 1-F page.
Four homestead questions to solve before test day.
These are original Florida-style practice questions. Work them by hand first, then use the calculator to check your taxable values and millage math.
A Florida homestead has a 2026 assessed value of $350,000. What are the school and non-school taxable values before millage?
School taxable value uses only the $25,000 first exemption: $350,000 - $25,000 = $325,000. Non-school taxable value uses $25,000 plus $26,411: $350,000 - $51,411 = $298,589.
A 2026 homestead has an assessed value of $60,000. How much additional exemption applies to non-school taxes?
The additional exemption applies only to value above $50,000. $60,000 - $50,000 = $10,000, so the owner does not receive the full $26,411 additional layer.
A 2026 homestead has a $310,000 assessed value, 6.2 school mills, and 14.0 non-school mills. What is the estimated tax after homestead exemptions?
School taxable value is $285,000, so school tax is $1,767. Non-school taxable value is $258,589, so non-school tax is $3,620.25. Total is $5,387.25.
A homestead's prior assessed value was $240,000. The current just value is $280,000. If the 2026 Save Our Homes cap is 2.7 percent, what is the capped assessed value before exemptions?
$240,000 x 1.027 = $246,480. Save Our Homes is applied before subtracting homestead exemptions.
What this calculator does and does not estimate.
The calculator uses the 2026 DOR additional homestead amount and the standard school vs non-school split. It estimates the tax effect of exemptions at the millage rates you enter. It does not determine eligibility, county filing status, special local exemptions, non-ad valorem assessments, truth-in-millage notices, or closing-statement prorations.
Use assessed value from the county property appraiser, not a listing estimate.
Keep school millage separate because the additional exemption does not apply to school taxes.
Use the 2026 adjusted additional amount unless an exam-style stem gives a different number.
Confirm real eligibility and filing deadlines with the county property appraiser.
What to study next if homestead math slows you down.
Homestead is strongest when it is paired with millage, taxable value, proration, and property-rights review. These pages build the surrounding concepts.
Florida homestead exemption FAQ for 2026.
Short answers for the search questions that usually sit around this calculator: 2026 amount, school taxes, Save Our Homes, portability, and proposed 2027 changes.
How much is the Florida homestead exemption in 2026?+
A qualifying Florida homestead receives a $25,000 first exemption plus an additional exemption that is now inflation-adjusted. For the 2026 tax year the additional exemption is $26,411, so the total exemption for a fully qualifying home is $51,411. The first $25,000 reduces every tax, while the additional exemption applies only to non-school taxes on value above $50,000.
Why is the additional homestead exemption no longer $25,000?+
In November 2024, Florida voters approved Amendment 5, which requires the additional homestead exemption to be adjusted each year for inflation, starting with the 2025 tax year. The Department of Revenue published $25,722 for 2025 and $26,411 for 2026. The first $25,000 exemption and the school-tax portion are not adjusted.
Does the homestead exemption apply to school taxes?+
Only the first $25,000 applies to school district taxes. The additional exemption on value above $50,000 applies to every taxing authority except school districts. That is why a home assessed above $76,411 in 2026 has a school taxable value reduced by $25,000 but a non-school taxable value reduced by $51,411.
What is the Save Our Homes cap and is it really 3 percent?+
Save Our Homes caps how much the assessed value of a homestead can rise each year at the lower of 3 percent or the change in the Consumer Price Index. The 3 percent figure is a ceiling, not a fixed rate. For 2026 the inflation figure is lower, so the cap is 2.7 percent. The gap between your capped assessed value and the market value is shielded from taxation.
Is the Florida homestead exemption changing in 2026?+
The amounts in effect for the 2026 tax year are the $25,000 first exemption and the $26,411 additional exemption. CS/HJR 1-F is a separate constitutional amendment on the November 2026 ballot. If approved, it would change the non-school exemption starting January 1, 2027. It is not in effect for 2026 calculations.
What is homestead portability?+
Portability lets a homesteader transfer accumulated Save Our Homes savings, up to $500,000, from a prior Florida homestead to a new one, if the new homestead is established within the statutory window. It reduces the assessed value of the new home, which is separate from the homestead exemption itself.