Kathleen, Florida Property Taxes
The median property tax rate in Kathleen, FL is 0.94%, slightly below the national median of 0.99% and significantly lower than the Florida state median of 1.14%. With the median home value in Kathleen at $141,973, the typical annual property tax bill reaches $965, which is under the national median of $2,690. Property taxes in Kathleen are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Kathleen'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 Kathleen 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
Kathleen, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$1,335
$1,262
$1,148
Average Kathleen, Florida Tax Savings
Ownwell’s Kathleen Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kathleen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kathleen 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 Kathleen. 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 Kathleen, Florida
Property taxes in Kathleen, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kathleen is 0.94%, slightly lower than the U.S. national median of 0.99%. Local government entities within Kathleen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kathleen 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 Kathleen's effective property tax rate to other counties in Florida and the national median. For comparison, the 33849 ZIP code has both the highest and lowest median property tax rate of 0.94%. Understanding how these cities compare with Kathleen 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 Kathleen Tax Rate
0.94%
Average Pasco County Tax Rate
1.24%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kathleen, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33849 | 0.60% | 0.83% | 0.94% | 1.02% | 1.12% |
Source: Ownwell
$1,148
Average Kathleen Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Kathleen, Florida
In Kathleen, 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 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. In Kathleen, 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. The median home price in Kathleen is $141,973, with tax bills ranging from $663 at the 25th percentile to $2,851 at the 90th percentile. The zip code 33849 has both the highest and lowest median tax bill at $965. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kathleen Assessed Value
$141,973
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 Kathleen, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33849 | $67,294 | $73,244 | $141,973 | $226,426 | $262,185 |
Source: Ownwell
$1,148
Average Kathleen Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Kathleen, Florida
In Kathleen, located in Pasco County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in this area is $141,973. The tax rate is applied to this assessed value to derive the annual property tax bill. For instance, homeowners in Kathleen can expect to pay anywhere from the 25th percentile tax bill of $663 to the 90th percentile tax bill of $2,851, depending on various factors such as property size, location, and any applicable exemptions. These property taxes can significantly impact homeowners, affecting their overall financial planning and home affordability. This is where Ownwell steps in to assist homeowners in reducing their property tax burdens. By leveraging expert knowledge and specialized services, Ownwell helps identify potential discrepancies in assessed values and applies for eligible exemptions, ensuring homeowners pay only their fair share. This targeted approach can lead to substantial savings, making homeownership more manageable and financially sustainable.
Average Kathleen Tax Bill
$965
Average Pasco County Tax Bill
$2,147
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Kathleen, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33849 | $520 | $663 | $965 | $2,326 | $2,851 |
Source: Ownwell
$1,148
Average Kathleen 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 | |
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Pasco Property Appraiser | |
Website | search.pascopa.com |
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