Zellwood, Florida Property Taxes
The median property tax rate in Zellwood, FL is 0.67%, significantly lower than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Zellwood at $130,352, the typical annual property tax bill is $976, well below the national median of $2,690. Property taxes in Zellwood are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Zellwood's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Zellwood 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
Zellwood, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.67%
Estimate Property Tax Bill
$873
$827
$1,148
Average Zellwood, Florida Tax Savings
Ownwell’s Zellwood Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Zellwood with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Zellwood 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 Zellwood. 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 Zellwood, Florida
Property taxes in Zellwood, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Zellwood is 0.67%, which is lower than the U.S. national median of 0.99%. Local government entities within Zellwood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Zellwood 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 Zellwood's effective property tax rate to other counties in Florida and the national median. For comparison, the 32798 zip code has the highest median property tax rate of 0.67%, while the 32798 zip code also has the lowest median tax rate of 0.67%. Understanding how these cities compare with Zellwood provides valuable insights into the varying tax landscape across Orange County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Zellwood Tax Rate
0.67%
Average Orange County Tax Rate
1.16%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Zellwood, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32798 | 0.22% | 0.33% | 0.67% | 1.30% | 1.61% |
Source: Ownwell
$1,148
Average Zellwood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Zellwood, Florida
In Zellwood, 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 Orange 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. 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. In Zellwood, the median home price is $130,352, with the 25th percentile tax bill at $418 and the 75th percentile tax bill at $1,748. The highest and lowest median tax bill is $976, found in the 32798 zip code. Understanding these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Zellwood Assessed Value
$130,352
Average Orange County Assessed Value
$317,031
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Zellwood, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32798 | $90,000 | $105,375 | $130,352 | $168,793 | $277,914 |
Source: Ownwell
$1,148
Average Zellwood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Zellwood, Florida
In Zellwood, located in Orange County, FL, property tax bills are determined based on the assessed value of your home and the local tax rate. With a median home price of $130,352, the assessed value is a critical factor in calculating your tax bill. The county applies a tax rate to this assessed value, resulting in the annual property tax bill. For instance, the tax bill for the 25th percentile is $418, while it rises to $1,748 for the 75th percentile and reaches $2,713 at the 90th percentile. Homeowners often face significant financial burdens due to these taxes. This is where Ownwell steps in. By leveraging our expertise in property tax appeals and exemptions, we help homeowners navigate the complexities of property tax assessments. Our services aim to lower your assessed value, thereby reducing your tax bill. With a proven track record, Ownwell can help you achieve substantial savings and ensure you're not overpaying on your property taxes.
Average Zellwood Tax Bill
$976
Average Orange County Tax Bill
$3,346
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Zellwood, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32798 | $267 | $418 | $976 | $1,748 | $2,713 |
Source: Ownwell
$1,148
Average Zellwood 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 18 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Orange Property Appraiser | |
| Phone | (407) 836-5044 |
| Website | ocpaweb.ocpafl.org |
| Amy.Mercado@ocpafl.org | |
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