Saint James City, Florida Property Taxes
The median property tax rate in Saint James City, FL is 1.28%, notably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Saint James City at $279,698, the typical annual property tax bill reaches $3,160, surpassing the national median of $2,690. Property taxes in Saint James City are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint James City'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 Saint James City 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
Saint James City, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$3,580
$3,385
$1,148
Average Saint James City, Florida Tax Savings
Ownwell’s Saint James City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint James City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint James City 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 Saint James City. 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 Lee County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Saint James City, Florida
Property taxes in Saint James City, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint James City is 1.28%, significantly higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Saint James City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint James City 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 Saint James City's effective property tax rate to other counties in Florida and the national median. For comparison, the 33956 zip code has the highest median property tax rate of 1.28%, while the same zip code also has the lowest median tax rate of 1.28%. Understanding how these cities compare with Saint James City 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 areas.
Average Saint James City Tax Rate
1.28%
Average Lee County Tax Rate
1.23%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint James City, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33956 | 0.61% | 0.81% | 1.28% | 1.41% | 1.57% |
Source: Ownwell
$1,148
Average Saint James City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Saint James City, Florida
In Saint James City, 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 Saint James City, 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 Saint James City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $3,160, found in zip code 33956.
Property Tax Assessment Values Across Saint James City, Florida
Source: Ownwell
$28,847
$1,414,301
$2,799,755
Average Saint James City Assessed Value
$279,698
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 Saint James City, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33956 | $126,728 | $198,218 | $279,698 | $456,957 | $636,431 |
Source: Ownwell
$1,148
Average Saint James City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Saint James City, Florida
In Saint James City, Lee County, FL, property tax bills are calculated based on the assessed value of a home, which is derived from the median home price of $279,698. The local tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in the area see a wide range of tax bills, from the 25th percentile at $1,978 to the 75th percentile at $4,826, and up to the 90th percentile at $7,284. These figures are influenced by factors such as property location, home improvements, and market conditions. Homeowners in Saint James City often face higher tax bills compared to the national median property tax rate of 0.99%. This can be a significant financial burden. Ownwell helps homeowners by providing property tax appeal and exemption services, ensuring that their property is fairly assessed. By leveraging expert knowledge and local data, Ownwell can potentially reduce your property tax bill, saving you money and alleviating financial stress.
Average Saint James City Tax Bill
$3,160
Average Lee County Tax Bill
$3,155
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint James City, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33956 | $1,278 | $1,978 | $3,160 | $4,826 | $7,284 |
Source: Ownwell
$1,148
Average Saint James City 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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