Redington Shores, Florida Property Taxes
The median property tax rate in Redington Shores, FL is 1.29%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Redington Shores at $555,363, the typical annual property tax bill reaches $6,604, exceeding the national median of $2,690. Property taxes in Redington Shores are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Redington Shores' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Redington Shores 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
Redington Shores, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$7,164
$6,780
$1,148
Average Redington Shores, Florida Tax Savings
Ownwell’s Redington Shores Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Redington Shores with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Redington Shores 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 Redington Shores. 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 Redington Shores, Florida
Property taxes in Redington Shores, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Redington Shores is 1.29%, higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Redington Shores set these rates annually, and they can vary significantly across different neighborhoods. Each year, Redington Shores 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 Redington Shores' effective property tax rate to other counties in Florida and the national median. For comparison, the 33708 zip code has the highest median property tax rate of 1.29%, while it also has the lowest median tax rate of 1.29%. Understanding how these cities compare with Redington Shores 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 Redington Shores Tax Rate
1.29%
Average Pinellas County Tax Rate
1.08%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Redington Shores, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33708 | 0.55% | 0.83% | 1.29% | 1.38% | 1.45% |
Source: Ownwell
$1,148
Average Redington Shores Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Redington Shores, Florida
In Redington Shores, 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 Redington Shores, 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, in the 33708 zip code, the median tax bill is $6,604. Being aware of these valuation processes in Redington Shores helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Redington Shores, Florida
Source: Ownwell
$2,550
$429,660
$856,769
Average Redington Shores Assessed Value
$555,363
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 Redington Shores, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33708 | $377,239 | $462,252 | $555,363 | $754,624 | $927,492 |
Source: Ownwell
$1,148
Average Redington Shores Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Redington Shores, Florida
In Redington Shores, located in Pinellas County, FL, property tax bills are calculated based on the assessed value of your home, which is determined by the local property assessor. The median home price here is $555,363, and property tax rates can vary, leading to a median tax bill of $6,604. Typically, homeowners in the 25th percentile pay around $4,478, while those in the 75th percentile see bills closer to $8,630, and the top 10% face up to $11,198. Several factors influence your property tax bill, including the market value of your property, local tax rates, and any applicable exemptions. These taxes can significantly impact homeowners by increasing their annual expenses. Ownwell offers expert property tax appeal and exemption services, helping homeowners in Redington Shores reduce their tax burdens. By leveraging local market data and understanding the nuances of property assessments, Ownwell can identify potential savings and ensure you're not overpaying on your property taxes. This can lead to substantial savings and financial relief.
Average Redington Shores Tax Bill
$6,604
Average Pinellas County Tax Bill
$2,581
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Redington Shores, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33708 | $2,969 | $4,478 | $6,604 | $8,630 | $11,198 |
Source: Ownwell
$1,148
Average Redington Shores 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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