Largo, Florida Property Taxes
The median property tax rate in Largo, FL is 1.01%, slightly higher than the national median of 0.99% but lower than Florida's state median of 1.14%. With a median home value of $206,364 in Largo, the typical annual property tax bill amounts to $1,905, which is below the national median of $2,690. Property taxes in Largo are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Largo’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 Largo 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
Largo, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$2,084
$1,973
$1,148
Average Largo, Florida Tax Savings
Ownwell’s Largo Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Largo with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Largo to estimate your property tax bill. This valuable tool not only helps you understand your potential tax liabilities but also demonstrates how Ownwell can help reduce property taxes in Largo. For those interested in neighborhood-level trends, further localized information is available below. Your property’s assessed value is determined by Pinellas County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Largo, Florida
Property taxes in Largo, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Largo is 1.01%, slightly higher than the U.S. national median of 0.99%. Local government entities within Largo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Largo 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 Largo's effective property tax rate to other areas in Pinellas County and the national median. For comparison, the 33760 zip code has the highest median property tax rate of 1.90%, while the 33778 zip code has the lowest median tax rate of 0.95%. Understanding how these areas compare with Largo provides valuable insights into the varying tax landscape across Pinellas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Largo Tax Rate
1.01%
Average Pinellas County Tax Rate
1.08%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Largo, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33760 | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% |
| 33764 | N/A | N/A | N/A | N/A | N/A |
| 33770 | 0.35% | 0.55% | 0.98% | 1.59% | 1.78% |
| 33771 | 0.33% | 0.53% | 1.06% | 1.66% | 1.88% |
| 33773 | 0.39% | 0.61% | 0.98% | 1.63% | 1.83% |
| 33774 | 0.42% | 0.66% | 1.07% | 1.63% | 1.77% |
| 33777 | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% |
| 33778 | 0.38% | 0.53% | 0.95% | 1.65% | 1.82% |
Source: Ownwell
$1,148
Average Largo Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Largo, Florida
In Largo, 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 Pinellas 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 Largo, 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 example, the highest median tax bill in Largo is $2,383 in the 33774 zip code, while the lowest is $243 in the 33760 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 Largo Assessed Value
$206,364
Average Pinellas County Assessed Value
$254,032
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Largo, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33760 | $12,750 | $12,750 | $12,750 | $12,750 | $12,750 |
| 33764 | N/A | N/A | N/A | N/A | N/A |
| 33770 | $79,822 | $153,198 | $227,639 | $313,809 | $435,651 |
| 33771 | $70,486 | $97,098 | $167,226 | $231,371 | $287,668 |
| 33773 | $110,943 | $141,770 | $204,666 | $287,194 | $344,904 |
| 33774 | $109,968 | $147,624 | $251,005 | $341,286 | $452,332 |
| 33777 | $91,190 | $91,190 | $91,190 | $91,190 | $91,190 |
| 33778 | $55,830 | $88,018 | $200,704 | $279,010 | $343,280 |
Source: Ownwell
$1,148
Average Largo Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Largo, Florida
In Largo, located in Pinellas County, FL, property tax bills are calculated based on the assessed value of the home, which is determined by the county property appraiser. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Largo can expect a wide range of tax bills, with the 25th percentile at $1,032 and the 75th percentile reaching $3,161. The highest median tax bill in the area is $2,383 in the 33774 zip code, while the lowest is just $243 in the 33760 zip code. Several factors influence the tax bill, including the market value of the property, any exemptions for which the homeowner qualifies, and the specific tax rate set by local taxing authorities. High property taxes can significantly impact homeowners, increasing the cost of owning a home. Ownwell can assist homeowners in Largo by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners reduce their tax bills, ensuring they pay only their fair share.
Average Largo Tax Bill
$1,905
Average Pinellas County Tax Bill
$2,581
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Largo, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33760 | $243 | $243 | $243 | $243 | $243 |
| 33764 | N/A | N/A | N/A | N/A | N/A |
| 33770 | $559 | $1,053 | $2,003 | $3,596 | $5,542 |
| 33771 | $475 | $749 | $1,460 | $2,526 | $3,804 |
| 33773 | $582 | $1,186 | $2,087 | $3,085 | $4,321 |
| 33774 | $699 | $1,464 | $2,383 | $3,846 | $5,530 |
| 33777 | $299 | $299 | $299 | $299 | $299 |
| 33778 | $437 | $850 | $1,534 | $2,793 | $4,266 |
Source: Ownwell
$1,148
Average Largo 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 | |
|---|---|
| Pinellas Property Appraiser | |
| Website | www.pcpao.gov |
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