Kathleen, Florida Property Taxes
The median property tax rate in Kathleen, FL is 0.96%, slightly below both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $156,618 in Kathleen, the typical annual property tax bill amounts to $1,331, which is lower than the national median of $2,690. Property taxes in Kathleen are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kathleen'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 Kathleen or another part of Polk County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kathleen, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$1,504
$1,422
$1,148
Average Kathleen, Florida Tax Savings
Ownwell’s Kathleen Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kathleen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kathleen 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 Kathleen. 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 Kathleen, Florida
Property taxes in Kathleen, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kathleen is 0.96%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Kathleen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kathleen 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 Kathleen's effective property tax rate to other areas in Polk County and the national median. For comparison, the 33849 zip code has both the highest and lowest median property tax rate of 0.96%. Understanding how these areas compare with Kathleen provides valuable insights into the varying tax landscape across Polk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kathleen Tax Rate
0.96%
Average Polk County Tax Rate
1.16%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kathleen, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33849 | 0.54% | 0.68% | 0.96% | 1.43% | 1.81% |
Source: Ownwell
$1,148
Average Kathleen Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Kathleen, Florida
In Kathleen, 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 Polk County Appraisal District 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. Being aware of these valuation processes in Kathleen helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the median home price in Kathleen is $156,618, with tax bills ranging from $866 at the 25th percentile to $3,133 at the 90th percentile. The zip code 33849 has the highest median tax bill of $1,331.
Average Kathleen Assessed Value
$156,618
Average Polk County Assessed Value
$203,226
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kathleen, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33849 | $56,774 | $87,665 | $156,618 | $227,697 | $297,589 |
Source: Ownwell
$1,148
Average Kathleen Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Kathleen, Florida
In Kathleen, located in Polk County, FL, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Kathleen is $156,618, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as local government budgets, school funding, and public services contribute to the tax rate. Homeowners in Kathleen can expect tax bills to vary, with the 25th percentile at $866 and the 75th percentile reaching $2,108. The highest median tax bill in the area is $1,331, making it crucial for homeowners to understand their tax obligations. Ownwell's property tax appeal and exemption services can help homeowners in Kathleen save on their property tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in appealing over-assessed values, potentially lowering tax bills. Additionally, Ownwell helps homeowners apply for exemptions they may qualify for, ensuring they pay only their fair share of property taxes.
Average Kathleen Tax Bill
$1,331
Average Polk County Tax Bill
$1,931
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Kathleen, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33849 | $567 | $866 | $1,331 | $2,108 | $3,133 |
Source: Ownwell
$1,148
Average Kathleen 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 10 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Polk Property Appraiser | |
| Website | www.polkpa.org |
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