Belleair, Florida Property Taxes
The median property tax rate in Belleair, FL is 1.24%, higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Belleair at $433,319, the typical annual property tax bill reaches $5,522, significantly exceeding the national median of $2,690. Property taxes in Belleair 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 Belleair'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 Belleair 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
Belleair, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$5,373
$5,085
$1,148
Average Belleair, Florida Tax Savings
Ownwell’s Belleair Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Belleair with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Belleair 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 Belleair. 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 Belleair, Florida
Property taxes in Belleair, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Belleair is 1.24%, significantly higher than the U.S. national median of 0.99%. Local government entities within Belleair set these rates annually, and they can vary across different neighborhoods. Each year, Belleair 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 Belleair's effective property tax rate to other areas in Pinellas County and the national median. For comparison, the zip code 33756 has both the highest and lowest median property tax rate of 1.24%. Understanding how these cities compare with Belleair provides valuable insights into the varying tax landscape across Pinellas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Belleair Tax Rate
1.24%
Average Pinellas County Tax Rate
1.08%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belleair, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33756 | 0.59% | 0.82% | 1.24% | 1.72% | 1.90% |
Source: Ownwell
$1,148
Average Belleair Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Belleair, Florida
In Belleair, 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 Pinellas 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. 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 Belleair helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 33756 has the highest median tax bill at $5,522, while the lowest median tax bill also stands at $5,522.
Average Belleair Assessed Value
$433,319
Average Pinellas County Assessed Value
$254,032
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Belleair, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33756 | $151,684 | $305,064 | $433,319 | $796,744 | $1,245,153 |
Source: Ownwell
$1,148
Average Belleair Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Belleair, Florida
In Belleair, Pinellas County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county appraiser. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. For instance, with a median home price of $433,319, homeowners in Belleair can expect varying tax bills, with amounts ranging from $2,855 at the 25th percentile to $16,770 at the 90th percentile. The highest median tax bill in the area is $5,522, found in the 33756 ZIP code. High property taxes can significantly impact homeowners, leading to increased financial burdens. Ownwell helps homeowners by offering property tax appeal and exemption services, ensuring that they are not overpaying on their taxes. By analyzing property assessments and market data, Ownwell identifies potential savings and assists in filing appeals, potentially reducing the tax burden and offering peace of mind to homeowners.
Average Belleair Tax Bill
$5,522
Average Pinellas County Tax Bill
$2,581
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Belleair, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33756 | $1,746 | $2,855 | $5,522 | $9,635 | $16,770 |
Source: Ownwell
$1,148
Average Belleair 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 13 |
Tax Bill | |
Issued | November 1 |
Links | |
---|---|
Pinellas Property Appraiser | |
Website | www.pcpao.gov |
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