All Florida countiesBased on the 2026 certified tax roll and 2025 tax rates
Walton CountyAmendment 3Tax Calculator
Property search and homestead exemption estimates
All Florida countiesBased on the 2026 certified tax roll and 2025 tax ratesAn estimate of how Amendment 3's larger homestead exemption could change Walton County government's ad valorem property tax revenue, based on 2026 property values and 2025 tax rates.
Illustrative estimates only. These figures are meant to illustrate how Amendment 3 could affect Walton County government based on current data. They are not official. For official information about the county's budget, tax rates and revenue, contact Walton County government directly. For official property values and exemptions, contact the Walton County Property Appraiser.
This page covers the two operating property taxes Walton County government levies in the 2025 millage table, grouped by where they apply: the countywide levy (3.5190 mills, paid throughout Walton County, inside and outside cities) and the mosquito control levy (0.4410 mills, paid in parts of unincorporated Walton County and in the City of DeFuniak Springs and the Town of Paxton).
Paid on taxable property throughout Walton County, inside and outside cities. Estimated change by 2028: −$9.1 million (−5.7%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $8,656,289,499 | $39,213,160,904 | $47,869,450,403 | $168,452,596 | $160,029,966 | — | — |
| 2027 (estimate) | $7,124,153,421 | $39,213,160,904 | $46,337,314,325 | $163,061,009 | $154,907,959 | −$5,122,008 | −3.2% |
| 2028 (estimate) | $5,948,075,215 | $39,213,160,904 | $45,161,236,119 | $158,922,390 | $150,976,270 | −$9,053,696 | −5.7% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $8,656,289,499 | $39,213,160,904 | $47,869,450,403 | $168,452,596 | $160,029,966 | — | — |
| 2027 (estimate) | $6,964,358,029 | $39,213,160,904 | $46,177,518,933 | $162,498,689 | $154,373,755 | −$5,656,212 | −3.5% |
| 2028 (estimate) | $5,667,233,743 | $39,213,160,904 | $44,880,394,647 | $157,934,109 | $150,037,403 | −$9,992,563 | −6.2% |
Paid on 38,324 parcels in parts of unincorporated Walton County and in the City of DeFuniak Springs and the Town of Paxton. Estimated change by 2028: −$288,400 (−24.9%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $930,778,968 | $1,834,229,697 | $2,765,008,665 | $1,219,369 | $1,158,400 | — | — |
| 2027 (estimate) | $452,311,421 | $1,834,229,697 | $2,286,541,118 | $1,008,365 | $957,946 | −$200,454 | −17.3% |
| 2028 (estimate) | $242,327,672 | $1,834,229,697 | $2,076,557,369 | $915,762 | $869,974 | −$288,427 | −24.9% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $930,778,968 | $1,834,229,697 | $2,765,008,665 | $1,219,369 | $1,158,400 | — | — |
| 2027 (estimate) | $434,374,366 | $1,834,229,697 | $2,268,604,063 | $1,000,454 | $950,432 | −$207,969 | −18.0% |
| 2028 (estimate) | $221,676,677 | $1,834,229,697 | $2,055,906,374 | $906,655 | $861,322 | −$297,078 | −25.6% |
As with the cities and towns, the size of the change depends mostly on how much of the taxable value comes from homesteads. Property without a homestead exemption, such as rentals, businesses, second homes and vacant land, keeps its taxable value under the amendment.
Countywide, homesteads make up 18.1% of the taxable value for the countywide levies in 2026. Within the mosquito control area, they make up 33.7%, so the estimated percentage change for that levy is larger. Among the two cities that levy a property tax, the homestead share ranges from 19.8% to 40.6%.
The table below shows where the change in the countywide taxable value comes from. Unincorporated Walton County has 95.5% of the county's taxable value and accounts for an estimated 79.8% of the change. The City of Freeport has 3.5% of the county's taxable value and accounts for an estimated 17.1% of the change.
| Area | County taxable value, 2026 | Share of county taxable value | Homestead share of area's taxable value | Change in area's taxable value by 2028 | Share of countywide change |
|---|---|---|---|---|---|
| Unincorporated Walton County | $45,717,247,664 | 95.5% | 17.2% | −4.7% | 79.8% |
| City of Freeport | $1,687,160,009 | 3.5% | 40.6% | −27.4% | 17.1% |
| City of DeFuniak Springs | $445,532,868 | 0.9% | 19.8% | −17.7% | 2.9% |
| Town of Paxton | $19,509,862 | 0.0% | 29.7% | −28.9% | 0.2% |
Estimates use homestead assessed values rising by up to 3% a year, capped at just value. Areas are based on each parcel's tax district.
Florida counties also receive money from other sources. Depending on the county, these can include state revenue sharing, the local government half-cent sales tax, local option sales and fuel taxes, communications services taxes, non-ad valorem assessments, franchise fees, charges for services, and state and federal grants. The mix differs from county to county. Walton County's adopted budget shows its full set of revenue sources and how much each provides.
The South Walton County Mosquito Control District, the South Walton Fire District, the water management district and the School Board levy their own property taxes. They are separate taxing authorities and are not included on this page.
Property values and exemptions: The Walton County Property Appraiser's 2026 final tax roll, as published by the Florida Department of Revenue. Tax rates: the 2025 millage rates the Florida Department of Revenue posts for Walton County (2026 rates by tax district were not readily available). Parcel tax districts: the tax district codes on the same tax roll.
For each homestead, the estimated taxable value is its assessed value minus the new homestead exemption ($150,000 in 2027, $250,000 in 2028) and any other exemptions, but not less than zero. The gross levy is total taxable value times the millage rate, for the parcels where each levy applies. The budget basis is 95% of the gross levy.
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