Everglades City, Florida Property Taxes
The median property tax rate in Everglades City, FL is 1.56%, considerably higher than both the national median of 0.99% and Florida's state median of 1.14%. With the median home value in Everglades City at $129,805, the typical annual property tax bill reaches $1,673, which is below the national median of $2,690. Property taxes in Everglades City are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Everglades City'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 Everglades City or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Everglades City, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.56%
Estimate Property Tax Bill
$2,025
$1,916
Ownwell’s Everglades City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Everglades City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Everglades City 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 Everglades City, Florida
Property taxes in Everglades City, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Everglades City is 1.56%, significantly higher than the U.S. national median of 0.99%. Local government entities within Everglades City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Everglades City 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 Everglades City's effective property tax rate to other counties in Florida and the national median. For comparison, the zip code 34139 has the highest median property tax rate of 1.56%, while the same zip code also has the lowest median tax rate of 1.56%. Understanding how these cities compare with Everglades City provides valuable insights into the varying tax landscape across Collier County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Everglades City Tax Rate
1.56%
Average Collier County Tax Rate
0.90%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Everglades City, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34139 | 0.72% | 1.24% | 1.56% | 1.84% | 1.92% |
Source: Ownwell
Property Tax Assessment Values Across Everglades City, Florida
In Everglades City, 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 Collier 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 Everglades City, 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 Everglades City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 34139, with a median tax bill of $1,673.
Property Tax Assessment Values Across Everglades City, Florida
Source: Ownwell
$44,218
$426,468
$808,717
Average Everglades City Assessed Value
$129,805
Average Collier County Assessed Value
$405,816
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Everglades City, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34139 | $27,166 | $74,874 | $129,805 | $244,776 | $354,012 |
Source: Ownwell
Property Tax Bills Across Everglades City, Florida
In Everglades City, located in Collier 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 typically reflects a percentage of the property's market value. Once the assessed value is established, the local tax rate, also known as the millage rate, is applied to this value to calculate the annual property tax bill. For homeowners in Everglades City, the median home price is $129,805. The property tax bills can range significantly, with the 25th percentile at $874 and the 75th percentile reaching $3,431. At the 90th percentile, the tax bill can be as high as $4,884. This variation in tax bills highlights the influence of property values and specific local tax rates on what homeowners are required to pay. Compared to the national median property tax rate of 0.99%, Everglades City's property tax landscape offers a diverse range of financial implications for its residents, affecting their overall cost of homeownership.
Average Everglades City Tax Bill
$1,673
Average Collier County Tax Bill
$3,434
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Everglades City, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34139 | $410 | $874 | $1,673 | $3,431 | $4,884 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
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Property Valuation Date | January 1 |
Appeal Deadline | September 13 |
Tax Bill | |
Issued | November 1 |
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