As we say goodbye to 2021, I want to share some thoughts on the past 12 months and highlight some of our accomplishments.
This was an exceptional year, as my office was recognized with the Certificate of Excellence in Assessment Administration from the largest professional association in our industry. I am proud of every single one of the 230 qualified employees in my office, as we retain more credentialed appraisal experts than any other jurisdiction in the United States. We determine the taxable value of more than 648,000 parcels and nearly 60,000 tangible personal property accounts in the county.
In 2021, Palm Beach County property values continued their steady growth, increasing 5.72% from 2020. Westlake, Briny Breezes, and Jupiter Inlet Colony showed the largest percentage of value increase from 2020 to 2021. Overall, the market value of all Palm Beach County property is more than $309 billion. More interesting stats and figures can be found at pbcgov.org/PAPA.
As Florida law requires my office to value property based on the status of the real estate market and the property as of Jan. 1 each year, my staff are already gathering information for 2022 assessments. I want to thank each employee in my office for their hard work and commitment to accuracy and excellence.
As we look forward to 2022, my office may encounter new challenges and trends, but our mission remains the same: to value property, administer exemptions, and maintain ownership records for the County fairly, equitably, and in accordance with Florida law.
Thank you for allowing me to serve as your Property Appraiser. I wish you and your families a safe and happy holiday season.