Jacksonville, Florida Property Taxes
The median property tax rate in Jacksonville, FL is 0.77%, considerably lower than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Jacksonville at $1,614,492, the typical annual property tax bill reaches $14,214, exceeding the national median of $2,690. Property taxes in Jacksonville 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 Jacksonville'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 Jacksonville 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
Jacksonville, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$12,432
$11,765
Ownwell’s Jacksonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jacksonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jacksonville 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 Jacksonville, Florida
Property taxes in Jacksonville, FL, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jacksonville is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Jacksonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jacksonville 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 Jacksonville's effective property tax rate to other counties in Florida and the national median. For comparison, the 32224 zip code has the highest median property tax rate of 0.77%, while the same zip code also has the lowest median tax rate of 0.77%. Understanding how these areas compare with Jacksonville provides valuable insights into the varying tax landscape across St. Johns County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jacksonville Tax Rate
0.77%
Average St. Johns County Tax Rate
1.13%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jacksonville, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32224 | 0.38% | 0.52% | 0.77% | 0.94% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Jacksonville, Florida
In Jacksonville, 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 St. Johns 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 Jacksonville, 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 Jacksonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 32224, with a value of $14,214, which is also the lowest median tax bill in the area.
Property Tax Assessment Values Across Jacksonville, Florida
Source: Ownwell
$130,810
$872,651
$1,614,492
Average Jacksonville Assessed Value
$1,614,492
Average St. Johns County Assessed Value
$360,570
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jacksonville, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32224 | $1,201,586 | $1,295,971 | $1,614,492 | $2,085,950 | $2,284,831 |
Source: Ownwell
Property Tax Bills Across Jacksonville, Florida
In Jacksonville, property tax bills are calculated based on the assessed value of a home, which is determined by the St. Johns County Property Appraiser. The assessed value is then multiplied by the local property tax rate to determine the tax bill. Various factors, such as property size, location, and market conditions, influence the assessed value. For example, the median home price in Jacksonville is $1,614,492, which significantly impacts the tax bill. Homeowners in Jacksonville experience a range of property tax bills. The 25th percentile tax bill is $9,070, while the 75th percentile tax bill rises to $17,884, and the 90th percentile tax bill can reach $20,530. The highest median tax bill in Jacksonville is $14,214, found in the 32224 zip code, which is also the lowest median tax bill in the area. Compared to the national median property tax rate of 0.99%, Jacksonville's property tax bills reflect the local economic conditions and property values, affecting homeowners' financial planning and investment decisions.
Average Jacksonville Tax Bill
$14,214
Average St. Johns County Tax Bill
$3,763
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Jacksonville, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32224 | $5,745 | $9,070 | $14,214 | $17,884 | $20,530 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| St. Johns Property Appraiser | |
| Website | qpublic.schneidercorp.com |