St. Lucie County sees increase in property values

Saint Lucie County Property Appraiser, Michelle Franklin, released the 2020 estimated taxable value of real estate and personal property to taxing authorities within Saint Lucie County. These preliminary numbers will help each jurisdiction setting its budget for the coming year.

Saint Lucie County will see an overall increase in taxable value to an estimated $23.4 billion, an increase of 6.5%.

The City of Port Saint Lucie will see an increase in its overall taxable value to an estimated $11.7 billion, a jump of 9.5%.

The City of Fort Pierce will also see an increase in its overall taxable value to an estimated $2.6 billion, an increase of 5%.

The Town of Saint Lucie Village will see an overall taxable value increase of 4.25% to an estimated $70.6 million.

The 2020 taxable estimates reflects the value as of Jan. 1, 2020. Therefore current market conditions will not be realized in these estimated taxable values.

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