Baker County Property Taxes
The median property tax rate in Baker County is 0.69%, which is significantly lower than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Baker County, the typical annual property tax bill reaches $1,269, which is well below the national median of $2,690. Property taxes in Baker County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Baker County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Macclenny or another part of Baker County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Baker County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.69%
Estimate Property Tax Bill
$1,235
$1,169
Ownwell’s Baker County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Baker County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Baker County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Baker County, Florida
Property taxes in Baker County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Baker County is 0.69%, which is lower than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Baker County set these rates annually, and they can vary significantly between different areas within the county. Each year, Baker County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Baker County's effective property tax rate with other counties in Florida and the national median. For comparison, the city of Olustee has one of the higher property tax rates in Florida at 1.02%, while the city of Sanderson boasts one of the lowest at 0.59%. Analyzing how Baker County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Baker County Tax Rate
0.69%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Baker County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Glen Saint Mary | 0.35% | 0.48% | 0.63% | 0.99% | 1.31% |
Glen St Mary | 0.28% | 0.45% | 0.63% | 1.27% | 1.39% |
Macclenny | 0.36% | 0.52% | 0.74% | 1.26% | 1.47% |
Olustee | 0.38% | 0.52% | 1.02% | 1.37% | 1.53% |
Sanderson | 0.31% | 0.45% | 0.59% | 1.16% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Baker County, Florida
In Baker County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Baker County Appraisal District. The assessed value, however, 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 in Baker County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Baker County, Macclenny has the highest median tax bill at $1,491, while Olustee has the lowest at $681. Being aware of these valuation processes in Baker County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Baker County Assessed Value
$179,041
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Baker County, Florida
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Glen Saint Mary | $79,031 | $111,218 | $173,921 | $279,338 | $382,053 |
Glen St Mary | $72,946 | $98,287 | $166,115 | $305,579 | $418,575 |
Macclenny | $83,815 | $127,376 | $197,329 | $266,044 | $346,517 |
Olustee | $35,606 | $53,287 | $92,923 | $140,938 | $184,339 |
Sanderson | $51,588 | $77,523 | $119,802 | $190,554 | $269,903 |
Source: Ownwell
Property Tax Bills Across Baker County, Florida
In Baker County, FL, property tax bills are calculated based on the assessed value of a home and the applicable tax rate. The assessed value is determined by the county property appraiser, who evaluates the market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. Homeowners in Baker County experience a range of tax bills. For instance, the 25th percentile tax bill is approximately $632, while the 75th percentile tax bill is around $2,143. At the higher end, the 90th percentile tax bill reaches $3,232. Comparatively, the national median property tax rate is 0.99%. In Baker County, the highest median tax bill is $1,491 in Macclenny, whereas the lowest is $681 in Olustee. These variations significantly impact homeowners, influencing their annual financial planning and overall cost of living.
Average Baker County Tax Bill
$1,269
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Baker County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Glen Saint Mary | $408 | $614 | $1,146 | $2,035 | $3,043 |
Glen St Mary | $417 | $542 | $1,150 | $2,068 | $3,164 |
Macclenny | $485 | $803 | $1,491 | $2,377 | $3,488 |
Olustee | $342 | $486 | $681 | $1,239 | $1,721 |
Sanderson | $252 | $471 | $745 | $1,363 | $2,112 |
Source: Ownwell