Charlotte County Property Taxes
The median property tax rate in Charlotte County is 1.42%, which is significantly higher than both the national median of 0.99% and Florida's state median of 1.14%. With the median home value in Charlotte County, the typical annual property tax bill reaches $3,041, which exceeds the national median of $2,690. Property taxes in Charlotte County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Charlotte County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Punta Gorda or another part of Charlotte County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Charlotte County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.42%
Estimate Property Tax Bill
$3,428
$3,241
Ownwell’s Charlotte County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Charlotte County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Charlotte County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Charlotte County, Florida
Property taxes in Charlotte County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Charlotte County is 1.42%, which is higher than the U.S. national median of 0.99%. Local government entities within Charlotte County set these rates annually, and they can vary significantly between different areas within the county. Each year, Charlotte County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Charlotte County's effective property tax rate with other areas in Florida and the national median. For comparison, the city of Fort Myers has one of the higher property tax rates in Florida at 2.82%, while the city of Lake Suzy boasts one of the lowest at 1.18%. Analyzing how Charlotte County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Charlotte County Tax Rate
1.42%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Charlotte County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Boca Grande | 0.97% | 1.45% | 1.60% | 1.70% | 1.78% |
| Englewood | 0.71% | 0.94% | 1.58% | 1.85% | 2.06% |
| Fort Myers | 2.82% | 2.82% | 2.82% | 2.82% | 2.82% |
| Lake Suzy | 0.80% | 1.02% | 1.18% | 1.38% | 1.56% |
| North Fort Myers | 0.77% | 0.95% | 1.32% | 1.80% | 2.30% |
| Placida | 0.99% | 1.25% | 1.57% | 1.74% | 1.91% |
| Port Charlotte | 0.66% | 0.90% | 1.34% | 1.80% | 2.10% |
| Punta Gorda | 0.72% | 0.97% | 1.40% | 1.79% | 2.16% |
| Rotonda West | 0.90% | 1.09% | 1.41% | 1.78% | 2.01% |
Source: Ownwell
Property Tax Assessment Values Across Charlotte County, Florida
In Charlotte County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Charlotte County Appraisal District. The assessed value, however, 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. Assessment notices in Charlotte County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For example, Boca Grande has the highest median tax bill at $16,077, while North Fort Myers has the lowest at $2,109. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Charlotte County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Charlotte County, Florida
Source: Ownwell
$32,300
$575,877
$1,119,453
Average Charlotte County Assessed Value
$241,434
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Charlotte County, Florida
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Boca Grande | $582,029 | $726,830 | $1,119,453 | $1,873,913 | $2,644,535 |
| Englewood | $108,060 | $145,350 | $230,122 | $323,321 | $465,137 |
| Fort Myers | $108,164 | $108,164 | $108,164 | $108,164 | $108,164 |
| Lake Suzy | $313,001 | $322,658 | $333,952 | $350,363 | $384,253 |
| North Fort Myers | $49,884 | $93,760 | $193,975 | $293,650 | $383,106 |
| Placida | $201,548 | $302,603 | $432,312 | $636,966 | $1,007,292 |
| Port Charlotte | $100,819 | $145,908 | $220,831 | $303,674 | $423,836 |
| Punta Gorda | $77,659 | $139,755 | $246,696 | $365,180 | $584,370 |
| Rotonda West | $159,017 | $230,644 | $301,850 | $359,006 | $416,549 |
Source: Ownwell
Property Tax Bills Across Charlotte County, Florida
In Charlotte County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Homeowners in Charlotte County can expect their tax bills to vary significantly depending on the value of their property and the specific location within the county. For instance, the tax bill at the 25th percentile is $1,882, while at the 75th percentile, it reaches $4,706. The highest tax bill in the county can go up to $16,077 in Boca Grande, contrasting sharply with the lowest median tax bill of $2,109 in North Fort Myers. This range reflects the diverse property values and tax rates within the county. Compared to the national median property tax rate of 0.99%, Charlotte County's rates can significantly affect homeowners, making it crucial for them to understand how their tax bills are determined and the potential financial impact.
Average Charlotte County Tax Bill
$3,041
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Charlotte County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Boca Grande | $9,283 | $11,263 | $16,077 | $26,818 | $37,728 |
| Englewood | $1,238 | $1,898 | $2,886 | $4,527 | $6,618 |
| Fort Myers | $3,053 | $3,053 | $3,053 | $3,053 | $3,053 |
| Lake Suzy | $2,688 | $3,352 | $3,786 | $4,635 | $5,175 |
| North Fort Myers | $860 | $1,345 | $2,109 | $3,509 | $4,468 |
| Placida | $3,081 | $4,177 | $6,330 | $9,472 | $14,238 |
| Port Charlotte | $1,133 | $1,746 | $2,713 | $4,119 | $5,774 |
| Punta Gorda | $1,048 | $1,845 | $3,093 | $4,902 | $7,709 |
| Rotonda West | $1,902 | $2,894 | $3,987 | $5,273 | $6,345 |
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 | |
|---|---|
| Charlotte Property Appraiser | |
| Website | www.ccappraiser.com |