Anthony, Florida Property Taxes
The median property tax rate in Anthony, FL is 0.84%, which is notably lower than both the national median of 0.99% and Florida's state median of 1.14%. With a median home value of $169,555 in Anthony, the typical annual property tax bill amounts to $1,385, significantly below the national median of $2,690. Property taxes in Anthony are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as the primary residence and agricultural exemptions. Understanding Anthony'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 Anthony or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Anthony, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$1,424
$1,347
Ownwell’s Anthony Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Anthony with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Anthony 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 Anthony, Florida
Property taxes in Anthony, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Anthony is 0.84%, which is lower than the U.S. national median of 0.99%. Local government entities within Anthony set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anthony 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 Anthony's effective property tax rate to other counties in Florida and the national median. For comparison, the 32617 zip code has both the highest and the lowest median property tax rate of 0.84%. Understanding how these cities compare with Anthony provides valuable insights into the varying tax landscape across Marion County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anthony Tax Rate
0.84%
Average Marion County Tax Rate
1.04%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anthony, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32617 | 0.50% | 0.63% | 0.84% | 1.45% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Anthony, Florida
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Anthony, Florida. 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 Marion 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 Anthony, 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 in Anthony is $169,555, with tax bills ranging from $835 at the 25th percentile to $3,535 at the 90th percentile. The highest and lowest median tax bills are both found in zip code 32617, at $1,385. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Awareness of these processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Anthony Assessed Value
$169,555
Average Marion County Assessed Value
$176,469
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Anthony, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32617 | $53,712 | $96,677 | $169,555 | $266,371 | $384,075 |
Source: Ownwell
Property Tax Bills Across Anthony, Florida
In Anthony, located in Marion County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is often a percentage of the market value of the property. For example, with a median home price of $169,555, the assessed value will be a fraction of this amount, subject to local assessment ratios and exemptions. Homeowners in Anthony can expect their property tax bills to vary significantly. The tax bill for the 25th percentile is around $835, while those at the 75th percentile pay approximately $2,339. At the higher end, the 90th percentile tax bill reaches about $3,535. These amounts reflect how property taxes can impact homeowners differently based on the value of their homes. The median property tax rate in Anthony is aligned with the national median rate of 0.99%. This rate is applied to the assessed value to determine the final tax bill, influencing how much homeowners need to budget annually for property taxes.
Average Anthony Tax Bill
$1,385
Average Marion County Tax Bill
$1,725
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Anthony, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32617 | $562 | $835 | $1,385 | $2,339 | $3,535 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | September 13 |
Tax Bill | |
Issued | November 1 |
Links | |
---|---|
Marion Property Appraiser | |
Website | www.pa.marion.fl.us |