Immokalee, Florida Property Taxes
The median property tax rate in Immokalee, FL is 1.05%, slightly higher than the national median of 0.99% but lower than the Florida state median of 1.14%. With a median home value in Immokalee, the typical annual property tax bill amounts to $1,030, which is below the national median of $2,690. Property taxes in Immokalee are based on the assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Immokalee'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 Immokalee or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Immokalee, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$1,359
$1,286
Ownwell’s Immokalee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Immokalee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Immokalee 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 Immokalee, Florida
Property taxes in Immokalee, Florida, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Immokalee is 1.05%, which is higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Immokalee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Immokalee 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 Immokalee's effective property tax rate to other counties in Florida and the national median. For comparison, the 34142 zip code has the highest median property tax rate of 1.05%, while the same zip code also has the lowest median tax rate of 1.05%. Understanding how these cities compare with Immokalee 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 Immokalee Tax Rate
1.05%
Average Collier County Tax Rate
0.90%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Immokalee, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34142 | 0.45% | 0.53% | 1.05% | 1.56% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Immokalee, Florida
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Immokalee, Florida. 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 Immokalee, 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 Immokalee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 34142 has the highest and lowest median tax bill, both at $1032.
Average Immokalee Assessed Value
$129,392
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 Immokalee, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34142 | $43,554 | $79,752 | $129,811 | $172,489 | $246,022 |
Source: Ownwell
Property Tax Bills Across Immokalee, Florida
In Immokalee, located in Collier County, FL, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county property appraiser and reflects the market value of the property. Homeowners in Immokalee experience a range of property tax bills, influenced by factors such as the home's assessed value and applicable exemptions. For instance, the median home price in Immokalee is $129,392. The property tax bills vary significantly, with the 25th percentile at $644 and the 75th percentile reaching $1,796. At the higher end, the 90th percentile tax bill can be as much as $2,826. The highest and lowest median tax bills in the area both stand at $1,032, specific to the zip code 34142. Comparatively, Immokalee's tax rate is lower than the national median property tax rate of 0.99%, which can be a relief for homeowners. However, the actual tax burden can still vary widely based on individual property valuations and available exemptions, impacting overall affordability and financial planning for residents.
Average Immokalee Tax Bill
$1,030
Average Collier County Tax Bill
$3,434
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Immokalee, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34142 | $484 | $644 | $1,032 | $1,799 | $2,831 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
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