Clarksville, Florida Property Taxes
The median property tax rate in Clarksville, FL is 0.74%, notably lower than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $57,611 in Clarksville, the typical annual property tax bill is around $437, significantly under the national median of $2,690. Property taxes in Clarksville are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Clarksville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Clarksville or another part of the county, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clarksville, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$426
$403
Ownwell’s Clarksville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clarksville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clarksville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Clarksville, Florida
Property taxes in Clarksville, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarksville is 0.74%, lower than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Clarksville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clarksville 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 Clarksville's effective property tax rate to other counties in Florida and the national median. For comparison, the 32430 zip code has both the highest and lowest median property tax rate of 0.74%. Understanding how these cities compare with Clarksville provides valuable insights into the varying tax landscape across Calhoun County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clarksville Tax Rate
0.74%
Average Calhoun County Tax Rate
0.84%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarksville, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32430 | 0.21% | 0.49% | 0.74% | 1.52% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Clarksville, Florida
In Clarksville, 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 Calhoun County Appraisal District 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 Clarksville, 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. For instance, the median home price in Clarksville is $57,611, with tax bills ranging from $208 at the 25th percentile to $1,642 at the 90th percentile. The highest and lowest median tax bills are both $437, found in the 32430 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Clarksville Assessed Value
$57,611
Average Calhoun County Assessed Value
$61,907
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clarksville, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32430 | $19,894 | $32,032 | $57,611 | $104,485 | $172,309 |
Source: Ownwell
Property Tax Bills Across Clarksville, Florida
In Clarksville, located in Calhoun County, FL, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $57,611. Property tax rates are applied to this assessed value to determine the annual tax bill. Factors that influence the tax bill include the assessed value of the property, local tax rates, and any applicable exemptions. For homeowners, this means that the amount they owe in property taxes can vary significantly. For instance, the 25th percentile tax bill is around $208, while the 75th percentile tax bill reaches $824. At the higher end, the 90th percentile tax bill can be as much as $1,642. The highest and lowest median tax bills in the area both stand at $437 in the 32430 zip code. Compared to the national median property tax rate of 0.99%, Clarksville's tax bills can be relatively low, offering some financial relief to homeowners in the region.
Average Clarksville Tax Bill
$437
Average Calhoun County Tax Bill
$495
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarksville, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32430 | $103 | $208 | $437 | $824 | $1,642 |
Source: Ownwell