Hawthorne, Florida Property Taxes
The median property tax rate in Hawthorne, FL is 1.13%, slightly above the national median of 0.99% but just below the Florida state median of 1.14%. With a median home value of $112,865 in Hawthorne, the typical annual property tax bill amounts to $1,086, which is lower than the national median of $2,690. Property taxes in Hawthorne are calculated based on the tax assessed value, which is often reduced through various exemptions like primary residence and agricultural exemptions. Understanding Hawthorne'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 Hawthorne 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
Hawthorne, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$1,275
$1,207
Ownwell’s Hawthorne Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hawthorne with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hawthorne to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Hawthorne, Florida
Property taxes in Hawthorne, Florida, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hawthorne is 1.13%, which is higher than the U.S. national median of 0.99%. Local government entities within Hawthorne set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hawthorne 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 Hawthorne's effective property tax rate to other areas and the national median. For comparison, the zip code 32640 has both the highest and lowest median property tax rate of 1.13%. Understanding how these areas compare with Hawthorne provides valuable insights into the varying tax landscape across Putnam County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hawthorne Tax Rate
1.13%
Average Putnam County Tax Rate
1.17%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hawthorne, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32640 | 0.55% | 0.71% | 1.13% | 1.64% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Hawthorne, Florida
In Hawthorne, 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 Putnam 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. In Hawthorne, 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. For instance, the median home price in Hawthorne is $112,865, with tax bills ranging from $647 at the 25th percentile to $3,277 at the 90th percentile. The highest and lowest median tax bills are both $1,086 in the zip code 32640. By understanding 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 Hawthorne helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hawthorne Assessed Value
$112,865
Average Putnam County Assessed Value
$96,560
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hawthorne, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32640 | $28,931 | $59,885 | $112,865 | $194,572 | $305,674 |
Source: Ownwell
Property Tax Bills Across Hawthorne, Florida
In Hawthorne, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. The median home price in Hawthorne is $112,865. Property taxes are then levied using the local tax rate, which is applied to this assessed value. Several factors can influence the final tax bill, including property improvements, changes in market conditions, and local government budgets. Homeowners in Hawthorne can expect a wide range of property tax bills. The tax bill at the 25th percentile is $647, while at the 75th percentile, it rises to $2,037. For those at the 90th percentile, the tax bill can be as high as $3,277. These variations reflect the differences in property values and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Hawthorne's property taxes can be relatively moderate or steep, depending on the specific assessed value and applicable rates. This variability highlights the importance of understanding how local factors and assessments can impact individual tax obligations.
Average Hawthorne Tax Bill
$1,086
Average Putnam County Tax Bill
$977
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Hawthorne, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32640 | $307 | $647 | $1,086 | $2,037 | $3,277 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
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