Jupiter, Florida Property Taxes
The median property tax rate in Jupiter, FL is 1.26%, notably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Jupiter at $438,450, the typical annual property tax bill reaches $5,567, significantly exceeding the national median of $2,690. Property taxes in Jupiter are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Jupiter'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 Jupiter 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
Jupiter, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$5,524
$5,223
$1,148
Average Jupiter, Florida Tax Savings
Ownwell’s Jupiter Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jupiter with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jupiter 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 Jupiter. 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 Jupiter, Florida
Property taxes in Jupiter, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jupiter is 1.26%, higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Jupiter set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jupiter 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 Jupiter's effective property tax rate to other areas in Palm Beach County and the national median. For comparison, the 33477 zip code has the highest median property tax rate of 1.52%, while the 33469 zip code has the lowest median tax rate of 1.18%. Understanding how these areas compare with Jupiter provides valuable insights into the varying tax landscape across Palm Beach County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jupiter Tax Rate
1.26%
Average Palm Beach County Tax Rate
1.34%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jupiter, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33458 | 0.59% | 0.87% | 1.22% | 1.66% | 1.82% |
| 33469 | 0.58% | 0.79% | 1.18% | 1.67% | 1.94% |
| 33477 | 0.65% | 0.96% | 1.52% | 1.69% | 1.78% |
| 33478 | 0.82% | 0.95% | 1.18% | 1.51% | 1.81% |
Source: Ownwell
$1,148
Average Jupiter Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Jupiter, Florida
In Jupiter, 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 Palm Beach 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 Jupiter, 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. For instance, the highest median tax bill in Jupiter is $6,365 in the 33477 zip code, while the lowest is $4,893 in the 33458 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jupiter Assessed Value
$438,450
Average Palm Beach County Assessed Value
$316,112
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jupiter, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33458 | $217,080 | $278,764 | $392,654 | $620,238 | $832,494 |
| 33469 | $209,437 | $393,212 | $499,382 | $773,218 | $2,090,695 |
| 33477 | $294,769 | $347,700 | $466,648 | $687,818 | $1,534,500 |
| 33478 | $348,808 | $393,352 | $466,006 | $618,503 | $1,181,114 |
Source: Ownwell
$1,148
Average Jupiter Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Jupiter, Florida
In Jupiter, located in Palm Beach County, FL, property tax bills are calculated based on the assessed value of your home and the local tax rate. The median home price in Jupiter is $438,450, which influences the assessed value. Property tax rates in this area can lead to significant variations in tax bills, with the 25th percentile at $3,554 and the 75th percentile at $8,453. Homeowners in the highest-taxed zip code, 33477, face a median tax bill of $6,365, while those in the lowest-taxed zip code, 33458, pay around $4,893. Several factors contribute to the final tax bill, including property improvements, market trends, and local government budgets. These factors can create a financial burden for homeowners. Ownwell offers expert property tax appeal and exemption services to help reduce this burden. By analyzing your property's assessed value and identifying potential discrepancies, Ownwell can assist in lowering your tax bill, ensuring you pay only your fair share.
Average Jupiter Tax Bill
$5,567
Average Palm Beach County Tax Bill
$3,892
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Jupiter, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33458 | $1,868 | $3,156 | $4,893 | $7,588 | $10,982 |
| 33469 | $2,332 | $3,506 | $5,924 | $10,424 | $24,678 |
| 33477 | $2,979 | $4,540 | $6,365 | $10,064 | $19,283 |
| 33478 | $3,073 | $3,953 | $5,770 | $8,701 | $15,244 |
Source: Ownwell
$1,148
Average Jupiter 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 16 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Palm Beach Property Appraiser | |
| Phone | (561) 355-3230 |
| Website | www.pbcgov.org |
| pa-info@pbcgov.org | |
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