Collier County Property Taxes
The median property tax rate in Collier County is 0.90%, which is lower than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Collier County at $405,816, the typical annual property tax bill amounts to $3,434, which is still above the national median of $2,690. Property taxes in Collier County are calculated based on the tax assessed value, often lower than the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Collier 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 Naples or another part of Collier County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Collier County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$3,652
$3,456
Ownwell’s Collier County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Collier County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Collier 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 Collier County, Florida
Property taxes in Collier County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Collier County is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Collier County set these rates annually, and they can vary significantly between different areas within the county. Each year, Collier 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. For comparison, Everglades City has one of the higher property tax rates in the area at 1.56%, while Marco Island boasts one of the lowest at 0.88%. Analyzing how Collier County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Collier County Tax Rate
0.90%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Collier County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ave Maria | 1.14% | 1.31% | 1.55% | 1.81% | 3.82% |
Bonita Springs | 0.44% | 0.64% | 0.89% | 0.98% | 1.05% |
Chokoloskee | 0.91% | 1.00% | 1.08% | 1.33% | 1.40% |
City Marco | 0.88% | 0.92% | 0.92% | 0.92% | 0.92% |
Copeland | 0.62% | 0.76% | 0.99% | 1.76% | 2.14% |
Everglades City | 0.72% | 1.24% | 1.56% | 1.84% | 1.92% |
Golden Oak | N/A | N/A | N/A | N/A | N/A |
Goodland | 0.48% | 0.72% | 0.95% | 1.09% | 1.16% |
Immokalee | 0.45% | 0.53% | 1.05% | 1.56% | 1.93% |
Jerome | 0.85% | 1.00% | 1.08% | 1.99% | 2.89% |
Marco Island | 0.48% | 0.68% | 0.88% | 0.93% | 1.01% |
Naples | 0.42% | 0.63% | 0.91% | 1.05% | 1.19% |
Ochopee | 0.71% | 0.80% | 1.33% | 1.68% | 2.20% |
Source: Ownwell
Property Tax Assessment Values Across Collier County, Florida
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Collier County, FL. 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 Collier 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 Collier 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. The median home price in Collier County is $405,816, with tax bills ranging from $1,956 at the 25th percentile to $11,382 at the 90th percentile. Marco Island has the highest median tax bill at $5,308, while City Marco has the lowest at $134. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Collier County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Collier County Assessed Value
$405,816
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Collier County, Florida
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ave Maria | $60,750 | $249,513 | $307,115 | $400,888 | $487,625 |
Bonita Springs | $39,303 | $270,393 | $515,830 | $1,784,760 | $2,679,064 |
Chokoloskee | $66,149 | $67,882 | $94,386 | $190,739 | $247,679 |
City Marco | $14,553 | $14,553 | $14,553 | $14,553 | $132,848 |
Copeland | $22,952 | $27,128 | $44,218 | $76,394 | $132,760 |
Everglades City | $27,166 | $74,874 | $129,805 | $244,776 | $354,012 |
Golden Oak | N/A | N/A | N/A | N/A | N/A |
Goodland | $97,669 | $180,308 | $290,622 | $483,160 | $633,043 |
Immokalee | $43,499 | $79,649 | $129,392 | $172,044 | $245,673 |
Jerome | $17,298 | $44,074 | $82,812 | $140,906 | $160,783 |
Marco Island | $251,879 | $423,277 | $681,051 | $1,172,222 | $1,893,540 |
Naples | $168,711 | $253,054 | $399,399 | $683,341 | $1,330,056 |
Ochopee | $14,131 | $28,220 | $70,412 | $105,175 | $271,624 |
Source: Ownwell
Property Tax Bills Across Collier County, Florida
In Collier County, FL, property tax bills are determined based on the assessed value of your home, which is influenced by various factors including market conditions, property size, and location. The median home price in the county is $405,816. Property taxes are calculated by applying the local tax rate to the assessed value of the property. The tax rate in Collier County can vary, but it is generally competitive compared to the national median property tax rate of 0.99%. Homeowners in Collier County can expect a wide range of tax bills. For instance, the 25th percentile tax bill is approximately $1,956, while the 75th percentile tax bill is around $6,133. At the higher end, the 90th percentile tax bill reaches up to $11,382. The highest median tax bill in the county is found in Marco Island, at $5,308, whereas the lowest is in City Marco, at just $134. These variations significantly impact homeowners, influencing their overall cost of living and financial planning.
Average Collier County Tax Bill
$3,434
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Collier County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ave Maria | $2,827 | $3,753 | $4,800 | $5,883 | $7,146 |
Bonita Springs | $411 | $2,038 | $4,225 | $13,372 | $22,030 |
Chokoloskee | $682 | $810 | $1,075 | $2,031 | $3,064 |
City Marco | $134 | $134 | $134 | $134 | $1,108 |
Copeland | $231 | $268 | $546 | $769 | $1,546 |
Everglades City | $410 | $874 | $1,673 | $3,431 | $4,884 |
Golden Oak | N/A | N/A | N/A | N/A | N/A |
Goodland | $785 | $1,330 | $2,718 | $4,248 | $5,975 |
Immokalee | $482 | $644 | $1,030 | $1,796 | $2,826 |
Jerome | $461 | $621 | $1,230 | $1,370 | $1,408 |
Marco Island | $1,964 | $3,182 | $5,308 | $9,217 | $14,754 |
Naples | $1,111 | $1,936 | $3,325 | $5,933 | $11,064 |
Ochopee | $186 | $398 | $719 | $1,174 | $2,304 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | September 13 |
Tax Bill | |
Issued | November 1 |