Clewiston, Florida Property Taxes
The median property tax rate in Clewiston, FL is 1.38%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Clewiston at $145,077, the typical annual property tax bill reaches $1,871, which is below the national median of $2,690. Property taxes in Clewiston 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 Clewiston'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 Clewiston 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
Clewiston, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.38%
Estimate Property Tax Bill
$2,002
$1,895
Ownwell’s Clewiston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clewiston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clewiston 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 Clewiston, Florida
Property taxes in Clewiston, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clewiston is 1.38%, significantly higher than the U.S. national median of 0.99%. Local government entities within Clewiston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clewiston 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 Clewiston's effective property tax rate to other counties in Florida and the national median. For comparison, the 33440 zip code has both the highest and lowest median property tax rate of 1.38%. Understanding how these areas compare with Clewiston provides valuable insights into the varying tax landscape across Hendry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clewiston Tax Rate
1.38%
Average Hendry County Tax Rate
1.36%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clewiston, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33440 | 0.59% | 0.80% | 1.38% | 1.97% | 2.38% |
Source: Ownwell
Property Tax Assessment Values Across Clewiston, Florida
In Clewiston, 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 Hendry 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 Clewiston, 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 Clewiston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $145,077, with tax bills ranging from $1,093 at the 25th percentile to $4,097 at the 90th percentile. Notably, the highest and lowest median tax bill is $1,871 in the 33440 zip code.
Average Clewiston Assessed Value
$145,077
Average Hendry County Assessed Value
$171,703
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clewiston, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33440 | $76,189 | $104,857 | $145,077 | $210,643 | $299,170 |
Source: Ownwell
Property Tax Bills Across Clewiston, Florida
Property tax bills in Clewiston, located in Hendry County, FL, are calculated based on the assessed value of a property, which is typically determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. In Clewiston, homeowners experience a range of property tax bills. For instance, those in the 25th percentile pay around $1,093, while those in the 75th percentile face bills up to $2,847. The 90th percentile sees even higher bills, reaching up to $4,097. Factors influencing these calculations include the property's market value, any applicable exemptions, and the specific tax rate set by local authorities. For homeowners, these taxes fund essential public services such as schools, infrastructure, and emergency services. With the national median property tax rate at 0.99%, Clewiston's property taxes reflect both the local economic conditions and the value of public services provided to residents.
Average Clewiston Tax Bill
$1,871
Average Hendry County Tax Bill
$2,017
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Clewiston, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33440 | $805 | $1,093 | $1,871 | $2,847 | $4,097 |
Source: Ownwell