St Pete Beach, Florida Property Taxes
The median property tax rate in ST PETE BEACH, FL is 1.37%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in ST PETE BEACH, the typical annual property tax bill reaches $5,794, exceeding the national median of $2,690. Property taxes in ST PETE BEACH 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 ST PETE BEACH'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 ST PETE BEACH 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
St Pete Beach, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$7,018
$6,642
$1,148
Average St Pete Beach, Florida Tax Savings
Ownwell’s ST PETE BEACH Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ST PETE BEACH with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ST PETE BEACH 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 ST PETE BEACH. 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 St Pete Beach, Florida
Property taxes in ST PETE BEACH, Florida, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in ST PETE BEACH is 1.37%, which is higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within ST PETE BEACH set these rates annually, and they can vary significantly across different neighborhoods. Each year, ST PETE BEACH 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 ST PETE BEACH's effective property tax rate to other areas in Florida and the national median. For comparison, the 33706 zip code has the highest median property tax rate of 1.37%, while the 33707 zip code has the lowest median tax rate of 1.20%. Understanding how these areas compare with ST PETE BEACH 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 St Pete Beach Tax Rate
1.37%
Average Pinellas County Tax Rate
1.08%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across St Pete Beach, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33706 | 0.51% | 0.77% | 1.37% | 1.49% | 1.57% |
33707 | 0.75% | 0.84% | 1.20% | 1.51% | 1.51% |
Source: Ownwell
$1,148
Average St Pete Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across St Pete Beach, Florida
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in St. Pete Beach, Florida. 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 St. Pete Beach, 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. The median home price in the area is $512,266, with property tax bills ranging from $3,460 at the 25th percentile to $14,123 at the 90th percentile. The highest median tax bill is $6,228 in zip code 33707, while the lowest is $5,785 in zip code 33706. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average St Pete Beach Assessed Value
$512,266
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 St Pete Beach, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33706 | $216,834 | $346,061 | $518,597 | $848,161 | $1,298,881 |
33707 | $442,768 | $445,349 | $456,107 | $484,203 | $515,776 |
Source: Ownwell
$1,148
Average St Pete Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across St Pete Beach, Florida
In ST PETE BEACH, located in Pinellas County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as the home’s market value, location, and any applicable exemptions or deductions play a significant role in determining the final tax amount. For instance, the median home price in the area stands at $512,266, with tax bills ranging from $3,460 at the 25th percentile to $14,123 at the 90th percentile. Homeowners in ST PETE BEACH face varying tax bills, with the highest median tax bill recorded at $6,228 in the 33707 zip code. This can significantly impact household budgets. Ownwell assists homeowners by offering property tax appeal services, ensuring that their properties are fairly assessed. By identifying discrepancies and leveraging local tax laws, Ownwell can help reduce property tax bills, providing substantial savings for homeowners.
Average St Pete Beach Tax Bill
$5,794
Average Pinellas County Tax Bill
$2,581
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across St Pete Beach, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33706 | $2,263 | $3,438 | $5,785 | $9,049 | $14,301 |
33707 | $3,335 | $3,963 | $6,228 | $7,065 | $7,500 |
Source: Ownwell
$1,148
Average St Pete Beach 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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