Miromar Lakes, Florida Property Taxes
The median property tax rate in Miromar Lakes, FL is 1.41%, significantly higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Miromar Lakes at $742,649, the typical annual property tax bill reaches $10,063, far exceeding the national median of $2,690. Property taxes in Miromar Lakes 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 Miromar Lakes' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Miromar Lakes 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
Miromar Lakes, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$10,471
$9,901
$1,148
Average Miromar Lakes, Florida Tax Savings
Ownwell’s Miromar Lakes Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Miromar Lakes with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Miromar Lakes to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Miromar Lakes. 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 Miromar Lakes, Florida
Property taxes in Miromar Lakes, Florida, are essential in funding crucial local services, including public schools, road maintenance, and emergency services. The median tax rate in Miromar Lakes is 1.41%, significantly higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Miromar Lakes set these rates annually, and they can vary considerably across different neighborhoods. Each year, Miromar Lakes 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 Miromar Lakes' effective property tax rate to other areas in Florida and the national median. For comparison, the 33913 zip code has the highest median property tax rate of 1.41%, while the 33913 zip code also has the lowest median tax rate of 1.41%. Understanding how these areas compare with Miromar Lakes provides valuable insights into the varying tax landscape across Lee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring regions.
Average Miromar Lakes Tax Rate
1.41%
Average Lee County Tax Rate
1.23%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Miromar Lakes, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33913 | 0.99% | 1.19% | 1.41% | 1.56% | 1.70% |
Source: Ownwell
$1,148
Average Miromar Lakes Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Miromar Lakes, Florida
In Miromar Lakes, 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 Lee 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 Miromar Lakes, 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, while the median home price in Miromar Lakes is $742,649, tax bills can vary significantly. The 25th percentile tax bill is around $6,862, while the 75th percentile tax bill reaches $18,792, and the 90th percentile tax bill can go up to $28,722. 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.
Property Tax Assessment Values Across Miromar Lakes, Florida
Source: Ownwell
$28,847
$1,414,301
$2,799,755
Average Miromar Lakes Assessed Value
$742,649
Average Lee County Assessed Value
$269,922
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Miromar Lakes, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33913 | $355,896 | $478,646 | $742,649 | $1,632,405 | $2,315,204 |
Source: Ownwell
$1,148
Average Miromar Lakes Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Miromar Lakes, Florida
In Miromar Lakes, located in Lee County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $742,649, homeowners in Miromar Lakes can expect varying tax bills. For instance, the tax bill for the 25th percentile is approximately $6,862, while those in the 75th percentile can see bills around $18,792. High-value properties can incur even steeper taxes, with the 90th percentile reaching up to $28,722. Homeowners in Miromar Lakes can benefit significantly from Ownwell's property tax consulting services. By leveraging expert knowledge and local market insights, Ownwell helps homeowners identify potential errors in their property assessments and file appeals to reduce their tax burden. This service can lead to substantial savings, ensuring homeowners are not overpaying on their property taxes.
Average Miromar Lakes Tax Bill
$10,063
Average Lee County Tax Bill
$3,155
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Miromar Lakes, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33913 | $5,511 | $6,862 | $10,063 | $18,792 | $28,722 |
Source: Ownwell
$1,148
Average Miromar Lakes Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 17 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Lee Property Appraiser | |
| Website | www.leepa.org |
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