Macclenny, Florida Property Taxes
The median property tax rate in Macclenny, FL is 0.74%, notably lower than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Macclenny at $197,329, the typical annual property tax bill amounts to $1,491, which is significantly below the national median of $2,690. Property taxes in Macclenny are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Macclenny's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Macclenny or another part of Baker County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Macclenny, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$1,460
$1,381
Ownwell’s Macclenny Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Macclenny with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Macclenny 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 Macclenny, Florida
Property taxes in Macclenny, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Macclenny is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Macclenny set these rates annually, and they can vary significantly across different neighborhoods. Each year, Macclenny 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 Macclenny's effective property tax rate to other counties in Florida and the national median. For comparison, the 32063 zip code has both the highest and lowest median property tax rate of 0.74%. Understanding how these cities compare with Macclenny provides valuable insights into the varying tax landscape across Baker County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Macclenny Tax Rate
0.74%
Average Baker County Tax Rate
0.69%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Macclenny, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32063 | 0.36% | 0.52% | 0.74% | 1.26% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Macclenny, Florida
In Macclenny, 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 Baker 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 Macclenny, 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 Macclenny helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Macclenny is $197,329, with annual property tax bills ranging from $803 at the 25th percentile to $3,488 at the 90th percentile. The zip code 32063 has the highest and lowest median tax bill at $1,491.
Average Macclenny Assessed Value
$197,329
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 Macclenny, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32063 | $83,815 | $127,376 | $197,329 | $266,044 | $346,517 |
Source: Ownwell
Property Tax Bills Across Macclenny, Florida
In Macclenny, located in Baker County, FL, property tax bills are calculated based on the assessed value of a home. Unlike the market value, which reflects what a property might sell for, the assessed value is determined by local tax assessors and is often lower than the market value. The property tax rate in Macclenny is applied to this assessed value to determine the annual tax bill. Several factors influence the assessed value, including the property's location, size, and condition. For example, the median home price in Macclenny is $197,329. Homeowners in the 25th percentile can expect a tax bill around $803, while those in the 75th percentile might see bills closer to $2,377. At the higher end, the 90th percentile tax bills can reach up to $3,488. These property taxes fund essential community services like schools, emergency services, and infrastructure. Understanding how these bills are calculated can help homeowners budget effectively and anticipate changes in their annual expenses.
Average Macclenny Tax Bill
$1,491
Average Baker County Tax Bill
$1,269
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Macclenny, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32063 | $485 | $803 | $1,491 | $2,377 | $3,488 |
Source: Ownwell