Holiday, Florida Property Taxes
The median property tax rate in Holiday, FL is 1.26%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Holiday at $133,716, the typical annual property tax bill reaches $1,479, which is below the national median of $2,690. Property taxes in Holiday 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 Holiday'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 Holiday 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
Holiday, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$1,685
$1,593
$1,148
Average Holiday, Florida Tax Savings
Ownwell’s Holiday Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Holiday with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Holiday 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 Holiday. 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 Holiday, Florida
Property taxes in Holiday, Florida, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Holiday is 1.26%, higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Holiday set these rates annually, and they can vary significantly across different neighborhoods. Each year, Holiday 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 Holiday's effective property tax rate to other areas in Florida and the national median. For comparison, the 34691 zip code has the highest median property tax rate of 1.26%, while the 34690 zip code has the lowest median tax rate of 1.25%. Understanding how these areas compare with Holiday provides valuable insights into the varying tax landscape across Pasco County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Holiday Tax Rate
1.26%
Average Pasco County Tax Rate
1.24%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Holiday, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34690 | 0.44% | 0.58% | 1.25% | 1.60% | 1.77% |
34691 | 0.41% | 0.66% | 1.26% | 1.51% | 1.74% |
Source: Ownwell
$1,148
Average Holiday Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Holiday, Florida
In Holiday, Florida, understanding the difference between "market value" and "assessed value" is essential 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 Pasco 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. 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 Holiday helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Holiday is $1532 in zip code 34691, while the lowest median tax bill is $1391 in zip code 34690.
Average Holiday Assessed Value
$133,716
Average Pasco County Assessed Value
$211,605
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Holiday, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34690 | $63,321 | $99,612 | $126,232 | $156,236 | $190,309 |
34691 | $60,305 | $110,843 | $138,157 | $182,997 | $271,775 |
Source: Ownwell
$1,148
Average Holiday Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Holiday, Florida
In Holiday, located in Pasco County, FL, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the county assessor and may differ from the market value. Various factors, such as property size, location, and improvements, influence this assessed value. Homeowners in Holiday face a median property tax bill of $1,391 to $1,532, depending on their zip code, with the 25th percentile paying around $708 and the 90th percentile reaching up to $2,823. These property taxes can significantly impact household budgets, especially when the assessed value is higher than expected. Ownwell provides expert property tax appeal and exemption services to help homeowners reduce their tax burdens. By analyzing your property’s assessed value and comparing it with similar properties, Ownwell can identify discrepancies and file appeals on your behalf. This service ensures that you are not overpaying on your property taxes, potentially saving you hundreds or even thousands of dollars annually.
Average Holiday Tax Bill
$1,479
Average Pasco County Tax Bill
$2,147
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Holiday, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34690 | $531 | $678 | $1,391 | $1,905 | $2,424 |
34691 | $526 | $727 | $1,532 | $2,198 | $3,083 |
Source: Ownwell
$1,148
Average Holiday 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 | |
---|---|
Pasco Property Appraiser | |
Website | search.pascopa.com |
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