Starke, Florida Property Taxes
The median property tax rate in Starke, FL is 1.40%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Starke, the typical annual property tax bill reaches $5,082, exceeding the national median of $2,690. Property taxes in Starke 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 Starke'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 Starke 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
Starke, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$6,699
$6,333
Ownwell’s Starke Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Starke with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Starke 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 Starke, Florida
Property taxes in Starke, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Starke is 1.40%, significantly higher than the U.S. national median of 0.99%. Local government entities within Starke set these rates annually, and they can vary significantly across different neighborhoods. Each year, Starke 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 Starke's effective property tax rate to other counties in Florida and the national median. For comparison, the 32091 zip code has the highest median property tax rate of 1.40%, while the same 32091 zip code also has the lowest median tax rate of 1.40%. Understanding how these cities compare with Starke 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 Starke Tax Rate
1.40%
Average Clay County Tax Rate
1.07%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Starke, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32091 | 0.49% | 0.77% | 1.40% | 1.52% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Starke, Florida
In Starke, 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. In Starke, 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 Starke helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Starke are both $5082, which is significantly higher than the national median property tax rate of 0.99%.
Average Starke Assessed Value
$478,467
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 Starke, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32091 | $95,877 | $225,408 | $478,467 | $693,128 | $951,092 |
Source: Ownwell
Property Tax Bills Across Starke, Florida
In Starke, located in Clay County, FL, property tax bills are calculated by multiplying the assessed value of a property by the local tax rate. The assessed value is determined by the county assessor and reflects the property's market value. Various factors influence this assessed value, including the property's location, size, and condition. Homeowners in Starke see a range of property tax bills, with the 25th percentile at $2,226 and the 75th percentile at $7,884. The 90th percentile tax bill reaches $11,127, indicating a significant variance based on property values and local tax rates. The median home price in Starke is $478,467, and with a national median property tax rate of 0.99%, homeowners in this region can compare their local rates to the national average. The highest and lowest median tax bill in the area is $5,082, both found in the 32091 zip code. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents.
Average Starke Tax Bill
$5,082
Average Clay County Tax Bill
$2,353
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Starke, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32091 | $852 | $2,226 | $5,082 | $7,884 | $11,127 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
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Property Valuation Date | January 1 |
Appeal Deadline | September 13 |
Tax Bill | |
Issued | November 1 |
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