Hillsborough County Property Taxes
The median property tax rate in Hillsborough County is 1.27%, which is significantly higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Hillsborough County at $280,428, the typical annual property tax bill reaches $3,523, surpassing the national median of $2,690. Property taxes in Hillsborough 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 Hillsborough 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 Tampa or another part of Hillsborough County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hillsborough County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$3,561
$3,367
$1,148
Average Hillsborough County Tax Savings
Ownwell’s Hillsborough County Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hillsborough County to provide an estimate of your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also highlights how Ownwell can help lower property taxes in Hillsborough County. 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 and takes into account any exemptions you may have.
Property Tax Rates Across Hillsborough County, Florida
Property taxes in Hillsborough County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Hillsborough County is 1.27%, which is higher than the U.S. national median of 0.99%. Local government entities within Hillsborough County set these rates annually, and they can vary significantly between different areas within the county. Each year, Hillsborough 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 Hillsborough County's effective property tax rate with other counties in Florida and the national median. For comparison, the city of Wimauma has one of the higher property tax rates in Florida at 1.88%, while the city of Unincorporated boasts one of the lowest at 0.71%. Analyzing how Hillsborough County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Hillsborough County Tax Rate
1.27%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hillsborough County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Apollo Beach | 0.76% | 1.13% | 1.76% | 2.28% | 2.61% |
Brandon | 0.59% | 0.72% | 1.13% | 1.72% | 1.90% |
Dover | 0.64% | 0.80% | 1.04% | 1.73% | 2.01% |
Gibsonton | 0.61% | 0.95% | 1.57% | 1.86% | 2.11% |
Lakeland | 0.24% | 0.56% | 1.25% | 1.63% | 1.81% |
Lithia | 0.75% | 1.19% | 1.58% | 2.01% | 2.34% |
Lutz | 0.68% | 0.84% | 1.16% | 1.65% | 1.88% |
Mulberry | 0.94% | 0.97% | 1.02% | 1.25% | 1.87% |
Odessa | 0.75% | 0.88% | 1.07% | 1.43% | 1.76% |
Plant City | 0.38% | 0.66% | 0.97% | 1.58% | 1.79% |
Riverview | 0.70% | 1.04% | 1.62% | 2.01% | 2.44% |
Ruskin | 0.76% | 1.25% | 1.82% | 2.28% | 2.65% |
Seffner | 0.59% | 0.71% | 1.16% | 1.76% | 1.98% |
Sun City Center | 0.53% | 0.78% | 1.24% | 1.83% | 2.44% |
Tampa | 0.39% | 0.71% | 1.23% | 1.70% | 1.93% |
Temple Terrace | 0.39% | 0.63% | 1.02% | 1.59% | 1.74% |
Thonotosassa | 0.56% | 0.74% | 1.05% | 1.68% | 1.99% |
Unincorporated | 0.62% | 0.67% | 0.71% | 1.03% | 1.56% |
Valrico | 0.68% | 0.83% | 1.10% | 1.71% | 1.92% |
Wimauma | 0.88% | 1.34% | 1.88% | 2.46% | 2.86% |
Zephyrhills | 0.78% | 0.89% | 1.32% | 1.81% | 2.43% |
Source: Ownwell
$1,148
Average Hillsborough County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Hillsborough County, Florida
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Hillsborough County. 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 Hillsborough 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 Hillsborough 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. 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 Hillsborough County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Lithia has the highest median tax bill at $6,218, while Lakeland has the lowest at $1,043.
Property Tax Assessment Values Across Hillsborough County, Florida
Source: Ownwell
$101,538
$393,264
$684,990
Average Hillsborough County Assessed Value
$280,428
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hillsborough County, Florida
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Apollo Beach | $173,996 | $254,978 | $350,444 | $498,244 | $704,276 |
Brandon | $164,942 | $209,773 | $253,642 | $312,938 | $397,916 |
Dover | $101,506 | $167,778 | $277,338 | $399,134 | $510,663 |
Gibsonton | $106,917 | $206,114 | $270,206 | $314,681 | $366,455 |
Lakeland | $59,089 | $67,050 | $101,538 | $154,107 | $206,281 |
Lithia | $201,766 | $277,524 | $385,544 | $508,057 | $672,616 |
Lutz | $188,756 | $281,514 | $394,456 | $549,829 | $735,188 |
Mulberry | $155,102 | $166,790 | $272,121 | $405,545 | $655,670 |
Odessa | $307,824 | $398,082 | $521,556 | $667,541 | $1,046,773 |
Plant City | $112,343 | $166,927 | $233,894 | $313,779 | $414,569 |
Riverview | $178,328 | $236,188 | $296,105 | $369,283 | $441,703 |
Ruskin | $116,652 | $213,707 | $260,956 | $308,110 | $377,655 |
Seffner | $137,780 | $192,312 | $242,234 | $317,790 | $408,938 |
Sun City Center | $133,466 | $192,637 | $244,974 | $294,820 | $338,390 |
Tampa | $137,975 | $194,980 | $277,708 | $402,028 | $621,930 |
Temple Terrace | $117,892 | $151,176 | $241,061 | $344,524 | $440,904 |
Thonotosassa | $81,058 | $130,338 | $237,455 | $351,790 | $578,358 |
Unincorporated | $271,278 | $283,606 | $310,504 | $402,634 | $532,377 |
Valrico | $188,225 | $237,694 | $304,824 | $386,255 | $481,194 |
Wimauma | $98,354 | $239,360 | $285,998 | $348,163 | $433,754 |
Zephyrhills | $61,229 | $109,302 | $184,966 | $255,936 | $283,441 |
Source: Ownwell
$1,148
Average Hillsborough County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Hillsborough County, Florida
In Hillsborough County, FL, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property improvements, market conditions, and local levies influence the assessed value. For instance, the median home price in Hillsborough County is $280,428, leading to tax bills that can range significantly. Homeowners in the 25th percentile pay around $1,952, while those in the 75th percentile see bills as high as $5,691. Lithia has the highest median tax bill at $6,218, whereas Lakeland enjoys the lowest at $1,043. Ownwell can help homeowners in Hillsborough County save on their property tax bills by providing expert property tax appeal and exemption services. By accurately assessing property values and identifying potential errors or overvaluations, Ownwell ensures homeowners only pay their fair share, potentially saving them hundreds or even thousands of dollars annually.
Average Hillsborough County Tax Bill
$3,523
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Hillsborough County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Apollo Beach | $2,148 | $3,679 | $6,198 | $8,856 | $11,648 |
Brandon | $1,222 | $1,795 | $2,847 | $4,344 | $5,602 |
Dover | $1,008 | $1,735 | $2,938 | $4,520 | $6,490 |
Gibsonton | $1,119 | $2,094 | $3,476 | $5,204 | $6,416 |
Lakeland | $303 | $562 | $1,043 | $1,520 | $2,784 |
Lithia | $2,223 | $4,174 | $6,218 | $8,151 | $10,308 |
Lutz | $1,726 | $2,913 | $4,726 | $7,119 | $10,218 |
Mulberry | $1,515 | $2,445 | $3,064 | $5,828 | $6,899 |
Odessa | $2,908 | $4,120 | $5,747 | $8,651 | $13,680 |
Plant City | $686 | $1,314 | $2,311 | $3,639 | $5,182 |
Riverview | $1,709 | $2,844 | $4,479 | $6,510 | $8,376 |
Ruskin | $1,374 | $2,729 | $4,662 | $6,425 | $7,779 |
Seffner | $1,085 | $1,578 | $2,846 | $4,293 | $5,836 |
Sun City Center | $939 | $1,688 | $3,004 | $4,831 | $7,259 |
Tampa | $844 | $1,718 | $3,236 | $5,473 | $8,742 |
Temple Terrace | $754 | $1,587 | $2,318 | $3,726 | $5,375 |
Thonotosassa | $844 | $1,283 | $2,404 | $4,191 | $7,166 |
Unincorporated | $1,809 | $2,194 | $3,367 | $4,637 | $5,200 |
Valrico | $1,531 | $2,403 | $3,614 | $5,000 | $6,567 |
Wimauma | $1,548 | $3,525 | $5,463 | $6,997 | $8,308 |
Zephyrhills | $1,145 | $1,424 | $2,025 | $3,019 | $4,083 |
Source: Ownwell
$1,148
Average Hillsborough County Tax Savings
Save on your property taxes & more with Ownwell.
Want to lower your Hillsborough County property taxes?
Looking to reduce your Hillsborough County property taxes? Ownwell is the leading property tax protest company serving Hillsborough County. We specialize in helping property owners in the Tampa area and beyond lower their taxes by working directly with the Hillsborough County Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Hillsborough County property tax protest process and identify all available property tax exemptions so you don’t have to. Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities for reducing your tax burden. By managing the protest process from beginning to end, we not only simplify the procedure but also increase your chances of obtaining a favorable result. Let Ownwell be your trusted partner in lowering your Hillsborough County property tax expenses through our proven strategies and expert advocacy.
Property Tax Petitions in Florida
Navigating the property tax protest process in Hillsborough County, Florida, can be a crucial step for homeowners looking to reduce their tax burden. If you believe your property has been over-assessed, you have the right to appeal the assessment. The process begins with filing a petition with the Value Adjustment Board (VAB), the entity responsible for hearing property tax disputes. Once the petition is filed, you will receive a hearing date where you can present your case. This involves gathering evidence such as recent sales of comparable properties, an independent appraisal, or any other documentation that supports your claim of over-assessment. It’s essential to be well-prepared and organized, as the board will review all submitted evidence before making a decision. The potential outcomes of an appeal can vary. If the VAB finds that your property was indeed over-assessed, they will adjust the assessed value, leading to a reduction in your property tax bill. However, if the board upholds the original assessment, your tax bill will remain unchanged. Ownwell can significantly ease this process for homeowners. Our team of experts will handle every step of the appeal, from filing the petition to gathering and presenting the necessary evidence. With our extensive knowledge of property tax laws and local market conditions, we increase the likelihood of a favorable outcome. By choosing Ownwell, you can save time and effort while maximizing your chances of a successful appeal, ensuring you only pay your fair share in property taxes.
Exemptions in Florida
Hillsborough County offers several property tax exemption programs to help homeowners reduce their tax burden. One of the most significant exemptions is the Homestead Exemption, available to homeowners who use their property as their primary residence. This exemption can significantly lower the assessed value of the home, resulting in substantial tax savings. In addition to the Homestead Exemption, Hillsborough County provides exemptions for senior citizens, veterans, and individuals with disabilities. Seniors aged 65 and older who meet specific income requirements may qualify for an additional exemption, further reducing their property tax liability. Veterans with a service-connected disability, as well as their surviving spouses, are also eligible for exemptions that can considerably lessen their tax obligations. Similarly, individuals with permanent disabilities may benefit from exemptions designed to ease their financial burden. To apply for these exemptions, homeowners must submit an application to the Hillsborough County Property Appraiser's office, along with any required documentation to prove eligibility. The application process can be complex and time-consuming, but Ownwell is here to help. Our team of property tax experts can guide homeowners through the application process, ensuring that all necessary forms are completed accurately and submitted on time. By leveraging our expertise, homeowners can maximize their savings and take full advantage of the available property tax exemptions in Hillsborough County.
Available Exemptions
Senior
Disabled
Home Stead
Veteran
Solar/Wind
Non-Profit
Don't miss the deadline to petition!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | September 13 |
Tax Bill | |
Issued | November 1 |
Links | |
---|---|
Hillsborough Property Appraiser | |
Phone | (813) 272-6100 |
Website | gis.hcpafl.org |
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