Unincorporated, Florida Property Taxes
The median property tax rate in Unincorporated, FL is 1.78%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Unincorporated, the typical annual property tax bill reaches $891, which is below the national median of $2,690. Property taxes in Unincorporated 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 Unincorporated'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 Unincorporated 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
Unincorporated, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.78%
Estimate Property Tax Bill
$871
$825
Ownwell’s UNINCORPORATED Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in UNINCORPORATED with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in UNINCORPORATED 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 Unincorporated, Florida
Property taxes in Unincorporated, Florida, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Unincorporated is 1.78%, significantly higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Unincorporated set these rates annually, and they can vary significantly across different neighborhoods. Each year, Unincorporated 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 Unincorporated's effective property tax rate to other counties in Florida and the national median. For comparison, the 32659 zip code has both the highest and lowest median property tax rate of 1.30%. Understanding how these areas compare with Unincorporated provides valuable insights into the varying tax landscape across Dixie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Unincorporated Tax Rate
1.78%
Average Dixie County Tax Rate
1.35%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Unincorporated, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32659 | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Unincorporated, Florida
In Unincorporated, 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 Dixie County Appraisal District 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 Unincorporated, 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. For instance, the median home price stands at $48,950, with tax bills ranging from $741 at the 25th percentile to $1,130 at the 90th percentile. 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 Unincorporated helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Unincorporated Assessed Value
$48,950
Average Dixie County Assessed Value
$64,100
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Unincorporated, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32659 | $45,400 | $45,400 | $45,400 | $45,400 | $45,400 |
Source: Ownwell
Property Tax Bills Across Unincorporated, Florida
Property tax bills in UNINCORPORATED areas of Dixie County, FL, are calculated based on the assessed value of the property, which differs from the market value. The assessed value is determined by the county assessor and reflects a percentage of the market value, adjusted for any exemptions or deductions the property owner may qualify for. To determine the tax bill, the assessed value is multiplied by the local tax rate. In Dixie County, the median home price is $48,950. Homeowners in the 25th percentile can expect a tax bill around $741, while those in the 75th percentile might see a bill closer to $1,040. The 90th percentile tax bill is approximately $1,130. These figures show that property taxes can vary significantly based on the assessed value and applicable tax rates. Compared to the national median property tax rate of 0.99%, Dixie County's rates can be quite manageable, making it an attractive area for homeowners seeking lower property tax burdens. However, it's essential for homeowners to stay informed about their property's assessed value and any potential changes in local tax rates.
Average Unincorporated Tax Bill
$891
Average Dixie County Tax Bill
$835
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Unincorporated, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32659 | $591 | $591 | $591 | $591 | $591 |
Source: Ownwell