Maitland, Florida Property Taxes
The median property tax rate in Maitland, FL is 1.00%, slightly above the national median of 0.99% but lower than the Florida state median of 1.14%. With the median home value in Maitland at $422,540, the typical annual property tax bill reaches $3,766, surpassing the national median of $2,690. Property taxes in Maitland are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Maitland'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 Maitland 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
Maitland, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$4,225
$3,999
$1,148
Average Maitland, Florida Tax Savings
Ownwell’s Maitland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Maitland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Maitland 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 Maitland. 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 Maitland, Florida
Property taxes in Maitland, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Maitland is 1.00%, which is higher than the U.S. national median of 0.99%. Local government entities within Maitland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Maitland 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 Maitland's effective property tax rate to other counties in Florida and the national median. For comparison, the zip code 32751 has the highest median property tax rate of 1.00%, while the same zip code also has the lowest median tax rate of 1.00%. Understanding how these cities compare with Maitland provides valuable insights into the varying tax landscape across Orange County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Maitland Tax Rate
1.00%
Average Orange County Tax Rate
1.16%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Maitland, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32751 | 0.45% | 0.67% | 1.00% | 1.44% | 1.56% |
32810 | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% |
Source: Ownwell
$1,148
Average Maitland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Maitland, Florida
In Maitland, 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 Orange 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 Maitland, 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 Maitland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in the area is $3,767 in the 32751 zip code, while the lowest is $448 in the 32810 zip code.
Average Maitland Assessed Value
$422,540
Average Orange County Assessed Value
$317,031
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Maitland, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32751 | $163,300 | $203,800 | $422,591 | $640,556 | $883,904 |
32810 | $211,212 | $211,212 | $211,212 | $211,212 | $211,212 |
Source: Ownwell
$1,148
Average Maitland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Maitland, Florida
In Maitland, Orange County, FL, property tax bills are determined based on the assessed value of a home and the local tax rate. The median home price in Maitland stands at $422,540. Tax bills vary significantly, with the 25th percentile paying around $2,360, while the 75th percentile faces bills up to $6,102, and the 90th percentile as high as $9,491. The highest median tax bill in the area is $3,767 in zip code 32751, whereas the lowest is $448 in zip code 32810. Factors such as property size, location, and improvements can impact the assessed value, which in turn affects the tax bill. Homeowners often find these assessments challenging, leading to potentially higher taxes than necessary. This is where Ownwell can help. By providing expert property tax appeal and exemption services, Ownwell ensures that homeowners in Maitland pay only their fair share, potentially saving them significant amounts on their property tax bills.
Average Maitland Tax Bill
$3,766
Average Orange County Tax Bill
$3,346
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Maitland, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32751 | $1,347 | $2,360 | $3,767 | $6,104 | $9,491 |
32810 | $448 | $448 | $448 | $448 | $448 |
Source: Ownwell
$1,148
Average Maitland 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 18 |
Tax Bill | |
Issued | November 1 |
Links | |
---|---|
Orange Property Appraiser | |
Phone | (407) 836-5044 |
Website | ocpaweb.ocpafl.org |
Amy.Mercado@ocpafl.org |
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