Jacksonville, Florida Property Taxes
The median property tax rate in Jacksonville, FL is 0.80%, notably lower than both the national median of 0.99% and Florida's state median of 1.14%. With a median home value of $141,980 in Jacksonville, the typical annual property tax bill amounts to $1,226, which is significantly below the national median of $2,690. Property taxes in Jacksonville are determined based on the tax assessed value, which is often less than the market value due to various exemptions, including those for primary residences and agricultural properties. Gaining a thorough understanding of Jacksonville's property tax system, exploring potential exemptions, and identifying opportunities for reductions can result in considerable annual savings. Whether you're situated in the heart of Jacksonville or another part of Clay County, familiarizing yourself with the local property tax system is advantageous for 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
0.8%
Estimate Property Tax Bill
$1,136
$1,074
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, Florida, are crucial for funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Jacksonville is 0.80%, which is lower than both the Florida state median and 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 32244 zip code has the highest median property tax rate of 0.93%, while the 32234 zip code has the lowest median tax rate of 0.80%. Understanding how these cities compare with Jacksonville provides valuable insights into the varying tax landscape across Clay County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jacksonville Tax Rate
0.80%
Average Clay County Tax Rate
1.07%
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 |
|---|---|---|---|---|---|
| 32234 | 0.52% | 0.60% | 0.80% | 1.48% | 1.70% |
| 32244 | 0.91% | 0.92% | 0.93% | 0.95% | 0.96% |
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 Clay 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. 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. Jacksonville's property tax bills range significantly, with the highest median tax bill being $1,961 in the 32244 zip code and the lowest median tax bill being $1,224 in the 32234 zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jacksonville Assessed Value
$141,980
Average Clay County Assessed Value
$232,293
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 |
|---|---|---|---|---|---|
| 32234 | $49,685 | $86,772 | $141,735 | $232,570 | $338,733 |
| 32244 | $206,417 | $207,914 | $210,408 | $212,903 | $214,400 |
Source: Ownwell
Property Tax Bills Across Jacksonville, Florida
In Jacksonville, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Various factors are considered in this calculation, including the property's location, size, and market value, as well as any applicable exemptions or deductions. For homeowners in Jacksonville, the median home price is $141,980, resulting in varying tax bills across different percentiles. At the 25th percentile, the tax bill is approximately $691, while at the 75th percentile, it rises to around $2,097. The 90th percentile sees tax bills as high as $3,437. The highest median tax bill in the area is $1,961 in the 32244 zip code, whereas the lowest is $1,224 in the 32234 zip code. Compared to the national median property tax rate of 0.99%, Jacksonville's property tax rates can significantly impact homeowners, both positively and negatively, depending on the specific circumstances and assessed values of their properties.
Average Jacksonville Tax Bill
$1,226
Average Clay County Tax Bill
$2,353
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 |
|---|---|---|---|---|---|
| 32234 | $502 | $690 | $1,224 | $2,101 | $3,439 |
| 32244 | $1,950 | $1,954 | $1,961 | $1,968 | $1,972 |
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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