Taxes & Insurance in Kissimmee

Osceola County has held its general-fund millage rate steady for 15 consecutive years, giving Kissimmee property owners real predictability on that line -- but homeowners insurance estimates for Kissimmee vary sharply by source, and a genuine flood-insurance discount specific to Kissimmee takes effect in October 2026.

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A stable, long-unchanged county millage rate

Osceola County's General Fund millage rate has held at 6.7 mills for the 15th consecutive year in the recommended fiscal year 2025-2026 budget. The county's total combined millage (county, school, and other levies) runs around 15.23 mills for 2025, with roughly 6.40 mills of that funding schools, per the county's own 2025 millage-rate documentation. On a $350,000 homesteaded home with the standard $50,000 exemption, that works out to roughly $4,730/year (about $394/month), an effective rate near 1.35%.

Homestead exemption and Save Our Homes apply the same as statewide

Florida's 2026 homestead exemption for a primary residence totals $51,411 -- a fixed $25,000 slice applying to all levies plus a second, inflation-adjusted slice ($26,411 for 2026) applying to non-school levies only. Once homesteaded, the Save Our Homes cap limits annual assessed-value increases to the lesser of 3% or CPI -- 2.7% for 2026 -- though this doesn't reduce a new buyer's first-year bill.

Homeowners insurance: a genuinely wide, disclosed range

Estimates for Kissimmee vary sharply by source: one cites $3,264/year (described as above average for Florida but cheaper than the state's coastal areas), another cites $4,759/year, a third cites $1,963/year, and a fourth cites $975-$1,327/year. As an inland city, Kissimmee is spared the highest rates seen on Florida's coasts, but this spread is too wide to collapse into one number -- get multiple property-specific quotes.

A specific Kissimmee flood-insurance discount starts October 2026

Flood insurance in Osceola County runs roughly $400-$1,000/year for moderate-risk properties and $1,500-$5,000/year for higher-risk zones. A specific 25% Community Rating System discount for Kissimmee properties takes effect October 1, 2026 -- at a roughly $1,000/year baseline premium, that discount would bring the cost to about $750/year, per 2026 reporting on the change.

Key takeaways

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Last reviewed: 2026-08-22. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.