Seffner, Florida Property Taxes
The median property tax rate in Seffner, FL is 1.16%, which is higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Seffner at $242,234, the typical annual property tax bill reaches $2,846, surpassing the national median of $2,690. Property taxes in Seffner are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Seffner'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 Seffner 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
Seffner, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$2,810
$2,657
$1,148
Average Seffner, Florida Tax Savings
Ownwell’s Seffner Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Seffner with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Seffner 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 Seffner. 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 Seffner, Florida
Property taxes in Seffner, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Seffner is 1.16%, higher than the U.S. national median of 0.99%. Local government entities within Seffner set these rates annually, and they can vary significantly across different neighborhoods. Each year, Seffner 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 Seffner's effective property tax rate to other counties in Florida and the national median. For comparison, the 33584 zip code has both the highest and the lowest median property tax rate of 1.16%. Understanding how these cities compare with Seffner 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 Seffner Tax Rate
1.16%
Average Hillsborough County Tax Rate
1.27%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Seffner, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33584 | 0.59% | 0.71% | 1.16% | 1.76% | 1.98% |
Source: Ownwell
$1,148
Average Seffner Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Seffner, Florida
In Seffner, 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 Seffner, 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 Seffner helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Seffner is $2846 in the 33584 zip code, while the lowest median tax bill is also $2846 in the same zip code.
Average Seffner Assessed Value
$242,234
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 Seffner, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33584 | $137,780 | $192,312 | $242,234 | $317,790 | $408,938 |
Source: Ownwell
$1,148
Average Seffner Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Seffner, Florida
In Seffner, located in Hillsborough County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county's property appraiser. The tax rate is applied to this assessed value, resulting in the annual tax bill. For instance, with a median home price of $242,234, homeowners might expect varying tax bills. The 25th percentile tax bill is around $1,578, while the 75th percentile reaches $4,293, and the 90th percentile can be as high as $5,836. These figures show a significant range, influenced by factors such as property location, exemptions, and specific local tax rates. With the national median property tax rate at 0.99%, Seffner's property taxes can be a substantial financial consideration for homeowners. Ownwell can help homeowners save on their property tax bills by providing expert property tax appeal and exemption services, ensuring that properties are fairly assessed and that homeowners benefit from all available tax reductions. This can result in significant savings and reduce the financial burden of property ownership.
Average Seffner Tax Bill
$2,846
Average Hillsborough County Tax Bill
$3,523
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Seffner, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33584 | $1,085 | $1,578 | $2,846 | $4,293 | $5,836 |
Source: Ownwell
$1,148
Average Seffner 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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