Ebro, Florida Property Taxes
The median property tax rate in Ebro, FL is 1.15%, slightly higher than both the national median of 0.99% and Florida’s state median of 1.14%. With a median home value of $49,367 in Ebro, the typical annual property tax bill amounts to $409, which is significantly lower than the national median of $2,690. Property taxes in Ebro are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Ebro's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Ebro or another part of Bay County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ebro, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$568
$537
Ownwell’s Ebro Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Ebro. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Ebro to provide an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities with ease. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by Bay County, forms the basis for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Ebro, Florida
Property taxes in Ebro, Florida, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Ebro is 1.15%, higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Ebro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ebro estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Ebro's effective property tax rate to other counties in Florida and the national median. For comparison, the 32437 zip code has both the highest and lowest median property tax rate of 1.15%. Understanding how these cities compare with Ebro provides valuable insights into the varying tax landscape across Bay County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ebro Tax Rate
1.15%
Average Bay County Tax Rate
1.10%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ebro, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32437 | 0.30% | 0.62% | 1.15% | 1.35% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Ebro, Florida
In Ebro, Florida, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Bay County Property Appraiser for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Ebro, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Ebro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Ebro is $49,367, with the highest and lowest median tax bills both being $409 in the 32437 zip code.
Average Ebro Assessed Value
$49,367
Average Bay County Assessed Value
$235,244
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ebro, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32437 | $19,212 | $29,564 | $49,367 | $82,782 | $139,876 |
Source: Ownwell
Property Tax Bills Across Ebro, Florida
In Ebro, located in Bay County, FL, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and reflects the market value of the home. For example, with a median home price of $49,367, the tax bill varies significantly across different percentiles. Homeowners in the 25th percentile can expect a tax bill around $279, while those in the 75th percentile may see bills closer to $755. For the top 10% of property values, the tax bill can reach up to $1,213. These tax bills are influenced by factors such as property size, location, and any applicable exemptions. Comparing these figures to the national median property tax rate of 0.99%, Ebro's property tax rates offer a range that can be manageable for many homeowners. Understanding how these taxes are calculated helps homeowners budget effectively and plan for their financial future.
Average Ebro Tax Bill
$409
Average Bay County Tax Bill
$2,427
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Ebro, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32437 | $118 | $279 | $409 | $755 | $1,213 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Bay Property Appraiser | |
| Website | qpublic.schneidercorp.com |