Fort Denaud, Florida Property Taxes
The median property tax rate in Fort Denaud, FL is 1.65%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Fort Denaud, the typical annual property tax bill reaches $2,110, slightly below the national median of $2,690. Property taxes in Fort Denaud 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 Fort Denaud'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 Fort Denaud 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
Fort Denaud, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.65%
Estimate Property Tax Bill
$1,864
$1,764
Ownwell’s FORT DENAUD Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in FORT DENAUD with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in FORT DENAUD 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 Fort Denaud, Florida
Property taxes in Fort Denaud, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fort Denaud is 1.65%, significantly higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Fort Denaud set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fort Denaud 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 Fort Denaud's effective property tax rate to other counties in Florida and the national median. For comparison, the 33935 zip code has the highest median property tax rate of 1.65%, while the same zip code also has the lowest median tax rate of 1.65%. Understanding how these cities compare with Fort Denaud provides valuable insights into the varying tax landscape across Glades County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fort Denaud Tax Rate
1.65%
Average Glades County Tax Rate
1.37%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fort Denaud, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33935 | 1.50% | 1.51% | 1.65% | 1.80% | 1.86% |
Source: Ownwell
Property Tax Assessment Values Across Fort Denaud, Florida
In Fort Denaud, 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 Glades 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 Fort Denaud, 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 Fort Denaud helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 33935 has both the highest and lowest median tax bills, each at $2,110.
Average Fort Denaud Assessed Value
$112,983
Average Glades County Assessed Value
$102,566
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fort Denaud, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33935 | $15,000 | $15,000 | $112,983 | $221,608 | $240,762 |
Source: Ownwell
Property Tax Bills Across Fort Denaud, Florida
In Fort Denaud, located in Glades 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 property's market value. The local tax rate, or millage rate, is applied to this assessed value to calculate the annual tax bill. For example, with a median home price of $112,983, the tax bill can vary significantly. Homeowners in Fort Denaud can expect tax bills ranging from the 25th percentile at $227 to the 75th percentile at $4,118, with the 90th percentile reaching up to $4,345. This variability depends on the property's assessed value and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Fort Denaud's property taxes can be relatively high, impacting homeowners' annual expenses. Understanding these factors helps homeowners anticipate their financial obligations and budget accordingly.
Average Fort Denaud Tax Bill
$2,110
Average Glades County Tax Bill
$1,098
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Fort Denaud, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33935 | $224 | $227 | $2,110 | $4,118 | $4,345 |
Source: Ownwell