Dover, Florida Property Taxes
The median property tax rate in Dover, FL is 1.04%, slightly above the national median of 0.99% but below Florida's state median of 1.14%. With a median home value of $277,338 in Dover, the typical annual property tax bill amounts to $2,938, surpassing the national median of $2,690. Property taxes in Dover are calculated based on the assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Gaining a thorough understanding of Dover'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 Dover or another part of Hillsborough County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dover, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$2,884
$2,727
$1,148
Average Dover, Florida Tax Savings
Ownwell’s Dover Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dover with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dover to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Dover. 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 Dover, Florida
Property taxes in Dover, Florida, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Dover is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Dover set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dover 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 Dover's effective property tax rate to other areas in Hillsborough County and the national median. For comparison, the 33527 zip code has the highest median property tax rate of 1.04%, while the same zip code also has the lowest median tax rate of 1.04%. Understanding how these areas compare with Dover provides valuable insights into the varying tax landscape across Hillsborough County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dover Tax Rate
1.04%
Average Hillsborough County Tax Rate
1.27%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dover, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33527 | 0.64% | 0.80% | 1.04% | 1.73% | 2.01% |
Source: Ownwell
$1,148
Average Dover Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Dover, Florida
In Dover, 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 Hillsborough County Appraisal District 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 Dover, 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 Dover helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Dover is $277,338. The highest median tax bill in the area is $2,938 in the 33527 zip code, which also has the lowest median tax bill at $2,938. Property tax bills range from $1,735 at the 25th percentile to $6,490 at the 90th percentile.
Average Dover Assessed Value
$277,338
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 Dover, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33527 | $101,506 | $167,778 | $277,338 | $399,134 | $510,663 |
Source: Ownwell
$1,148
Average Dover Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Dover, Florida
In Dover, property tax bills are calculated based on the assessed value of your home, which is determined by the Hillsborough County Property Appraiser. The assessed value is then multiplied by the local tax rate to determine your annual tax bill. Factors such as property size, location, and market conditions are considered in the assessment. With a median home price of $277,338, homeowners in Dover face tax bills that can vary significantly—from the 25th percentile at $1,735 to the 90th percentile at $6,490. The highest median tax bill in the area is $2,938, seen in the 33527 ZIP code. Ownwell assists homeowners by leveraging their expertise in property tax appeals and exemptions. By thoroughly reviewing your property’s assessed value and identifying any discrepancies or overvaluations, Ownwell can effectively lower your tax bill. Their services ensure that you only pay your fair share, potentially saving you thousands of dollars annually.
Average Dover Tax Bill
$2,938
Average Hillsborough County Tax Bill
$3,523
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Dover, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33527 | $1,008 | $1,735 | $2,938 | $4,520 | $6,490 |
Source: Ownwell
$1,148
Average Dover Tax Savings
Save on your property taxes & more with Ownwell.
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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