Pahokee, Florida Property Taxes
The median property tax rate in Pahokee, FL is 1.02%, slightly above the national median of 0.99%, yet below the Florida state median of 1.14%. With the median home value in Pahokee at $106,404, the typical annual property tax bill amounts to $939, which is less than the national median of $2,690. Property taxes in Pahokee are calculated based on the tax assessed value, which typically falls below market value due to various exemptions, including those for primary residences and agricultural properties. Understanding Pahokee'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 Pahokee 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
Pahokee, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$1,085
$1,026
$1,148
Average Pahokee, Florida Tax Savings
Ownwell’s Pahokee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pahokee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pahokee 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 Pahokee. 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 Palm Beach County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Pahokee, Florida
Property taxes in Pahokee, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pahokee is 1.02%, slightly higher than the U.S. national median of 0.99%. Local government entities within Pahokee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pahokee 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 Pahokee's effective property tax rate to other counties in Florida and the national median. For comparison, the zip code 33476 has the highest median property tax rate of 1.02%, while the same zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Pahokee provides valuable insights into the varying tax landscape across Palm Beach County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pahokee Tax Rate
1.02%
Average Palm Beach County Tax Rate
1.34%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pahokee, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33476 | 0.57% | 0.66% | 1.02% | 2.28% | 2.56% |
Source: Ownwell
$1,148
Average Pahokee Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Pahokee, Florida
In Pahokee, 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 Palm Beach 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 Pahokee, 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 Pahokee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Pahokee are both $939, with the zip code 33476.
Average Pahokee Assessed Value
$106,404
Average Palm Beach County Assessed Value
$316,112
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pahokee, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33476 | $45,932 | $80,976 | $106,404 | $139,740 | $187,532 |
Source: Ownwell
$1,148
Average Pahokee Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Pahokee, Florida
In Pahokee, located in Palm Beach County, FL, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is influenced by factors such as market trends, property condition, and improvements. Homeowners in Pahokee face a range of property tax bills, with the 25th percentile at $706 and the 75th percentile reaching $2,096. The highest median tax bill in the area is $939, which is below the national median property tax rate of 0.99%. These tax bills can significantly impact homeowners, particularly those with higher assessed values. To help reduce this burden, Ownwell offers property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it to similar properties, Ownwell can identify discrepancies and file appeals on your behalf. This can result in substantial savings, ensuring you pay only what is fair and accurate. Trust Ownwell to help you navigate the complexities of property taxes and keep more money in your pocket.
Average Pahokee Tax Bill
$939
Average Palm Beach County Tax Bill
$3,892
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Pahokee, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33476 | $488 | $706 | $939 | $2,096 | $2,913 |
Source: Ownwell
$1,148
Average Pahokee 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 16 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Palm Beach Property Appraiser | |
| Phone | (561) 355-3230 |
| Website | www.pbcgov.org |
| pa-info@pbcgov.org | |
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