North Fort Myers, Florida Property Taxes
The median property tax rate in North Fort Myers, FL is 1.23%, which is notably higher than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value in North Fort Myers of $168,903, the typical annual property tax bill amounts to $1,619, which is below the national median of $2,690. Property taxes in North Fort Myers are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural land. Understanding North Fort Myers' property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of North Fort Myers or another part of the city, comprehending the local property tax structure will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
North Fort Myers, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,078
$1,964
$1,148
Average North Fort Myers, Florida Tax Savings
Ownwell’s North Fort Myers Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in North Fort Myers with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North Fort Myers 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 North Fort Myers. 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 North Fort Myers, Florida
Property taxes in North Fort Myers, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North Fort Myers is 1.23%, which is higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within North Fort Myers set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Fort Myers 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 North Fort Myers' effective property tax rate to other areas in Lee County and the national median. For comparison, the 33917 zip code has the highest median property tax rate of 1.26%, while the 33903 zip code has the lowest median tax rate of 1.20%. Understanding how these areas compare with North Fort Myers provides valuable insights into the varying tax landscape across Lee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average North Fort Myers Tax Rate
1.23%
Average Lee County Tax Rate
1.23%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across North Fort Myers, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33903 | 0.42% | 0.64% | 1.20% | 1.45% | 1.59% |
| 33917 | 0.44% | 0.67% | 1.26% | 1.51% | 1.84% |
Source: Ownwell
$1,148
Average North Fort Myers Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across North Fort Myers, Florida
In North Fort Myers, 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 Lee 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 North Fort Myers, 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 North Fort Myers helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 33917 at $1,686, while the lowest is 33903 at $1,511.
Property Tax Assessment Values Across North Fort Myers, Florida
Source: Ownwell
$28,847
$1,414,301
$2,799,755
Average North Fort Myers Assessed Value
$168,903
Average Lee County Assessed Value
$269,922
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across North Fort Myers, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33903 | $72,323 | $92,758 | $163,783 | $268,953 | $382,857 |
| 33917 | $70,645 | $98,338 | $173,875 | $267,564 | $381,475 |
Source: Ownwell
$1,148
Average North Fort Myers Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across North Fort Myers, Florida
In North Fort Myers, located in Lee County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in the area is $168,903. Property tax rates are applied to this assessed value to determine the annual tax bill. Factors such as the property's location, market value, and any applicable exemptions influence the final tax amount. For instance, the 25th percentile tax bill is $939, while the 75th percentile reaches $3,105, and the 90th percentile can be as high as $5,001. This variability can significantly impact homeowners, especially when compared to the national median property tax rate of 0.99%. Ownwell can help homeowners in North Fort Myers by providing expert property tax appeal and exemption services. By analyzing the assessed value and identifying potential discrepancies or missed exemptions, Ownwell can effectively lower property tax bills, ensuring homeowners only pay their fair share. This can lead to substantial savings and financial relief for homeowners.
Average North Fort Myers Tax Bill
$1,619
Average Lee County Tax Bill
$3,155
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across North Fort Myers, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33903 | $488 | $915 | $1,511 | $2,848 | $4,846 |
| 33917 | $517 | $963 | $1,686 | $3,309 | $5,046 |
Source: Ownwell
$1,148
Average North Fort Myers 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 17 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Lee Property Appraiser | |
| Website | www.leepa.org |
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