Fort Pierce, Florida Property Taxes
The median property tax rate in Fort Pierce, FL is 1.33%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $231,200 in Fort Pierce, the typical annual property tax bill reaches $2,697, slightly exceeding the national median of $2,690. Property taxes in Fort Pierce 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 Fort Pierce'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 Fort Pierce 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
Fort Pierce, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.33%
Estimate Property Tax Bill
$3,075
$2,907
Ownwell’s Fort Pierce Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fort Pierce with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fort Pierce to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Fort Pierce, Florida
Property taxes in Fort Pierce, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fort Pierce is 1.33%, higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Fort Pierce set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fort Pierce 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 Fort Pierce's effective property tax rate to other areas in St. Lucie County and the national median. For comparison, the 34949 zip code has the highest median property tax rate of 1.85%, while the 34986 zip code has the lowest median tax rate of 0.93%. Understanding how these cities compare with Fort Pierce provides valuable insights into the varying tax landscape across St. Lucie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fort Pierce Tax Rate
1.33%
Average St. Lucie County Tax Rate
1.39%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fort Pierce, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34945 | 0.40% | 0.65% | 1.10% | 1.79% | 2.04% |
| 34946 | 0.33% | 0.48% | 1.18% | 1.74% | 1.97% |
| 34947 | 0.31% | 0.53% | 1.37% | 1.92% | 2.44% |
| 34949 | 0.71% | 1.12% | 1.85% | 2.07% | 2.40% |
| 34950 | 0.35% | 0.95% | 1.58% | 1.80% | 1.99% |
| 34951 | 0.41% | 0.55% | 1.00% | 1.70% | 2.07% |
| 34981 | 0.49% | 0.74% | 1.26% | 2.01% | 2.48% |
| 34982 | 0.33% | 0.47% | 0.97% | 1.71% | 2.04% |
| 34986 | 0.93% | 0.93% | 0.93% | 0.93% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Fort Pierce, Florida
In Fort Pierce, Florida, understanding the distinction between "market value" and "assessed value" is essential for grasping property taxes. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the St. Lucie County Property Appraiser for tax purposes. Conversely, 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 Fort Pierce, 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 these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, the zip code 34949 has the highest median tax bill at $5,882, while the zip code 34986 has the lowest at $1,481. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Fort Pierce Assessed Value
$231,200
Average St. Lucie County Assessed Value
$307,200
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fort Pierce, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34945 | $114,610 | $246,200 | $286,700 | $392,175 | $550,530 |
| 34946 | $72,260 | $126,200 | $152,600 | $215,900 | $359,200 |
| 34947 | $107,120 | $137,650 | $188,300 | $272,900 | $318,500 |
| 34949 | $225,100 | $297,025 | $375,550 | $456,775 | $609,500 |
| 34950 | $104,800 | $144,200 | $204,800 | $401,700 | $517,760 |
| 34951 | $135,140 | $172,300 | $236,100 | $296,100 | $367,400 |
| 34981 | $72,540 | $193,500 | $282,200 | $387,500 | $495,780 |
| 34982 | $120,280 | $160,400 | $214,900 | $276,500 | $393,040 |
| 34986 | $159,800 | $159,800 | $159,800 | $159,800 | $159,800 |
Source: Ownwell
Property Tax Bills Across Fort Pierce, Florida
In Fort Pierce, located in St. Lucie County, FL, property tax bills are determined by assessing the value of a property and applying the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the county's property appraiser. Various factors such as property size, location, and condition influence this assessed value. Once the assessed value is established, exemptions like homestead exemptions can reduce the taxable value, thereby lowering the tax bill. The final tax bill is calculated by multiplying the taxable value by the local tax rate. For instance, in Fort Pierce, the tax bill for the 25th percentile is $1,275, while it rises significantly to $4,769 at the 75th percentile and $7,337 at the 90th percentile. Homeowners in Fort Pierce experience a wide range of tax bills, with the highest median tax bill reaching $5,882 in the 34949 zip code, and the lowest median tax bill being $1,481 in the 34986 zip code. This variation can significantly impact a homeowner's annual expenses, highlighting the importance of understanding local property tax calculations.
Average Fort Pierce Tax Bill
$2,697
Average St. Lucie County Tax Bill
$3,974
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Fort Pierce, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34945 | $847 | $1,616 | $3,342 | $5,088 | $6,499 |
| 34946 | $401 | $728 | $1,697 | $2,743 | $4,148 |
| 34947 | $480 | $1,012 | $2,142 | $3,746 | $6,087 |
| 34949 | $2,494 | $4,029 | $5,882 | $8,060 | $10,767 |
| 34950 | $643 | $1,578 | $2,985 | $6,191 | $8,275 |
| 34951 | $750 | $1,111 | $2,430 | $3,964 | $5,929 |
| 34981 | $748 | $1,522 | $3,174 | $5,166 | $6,626 |
| 34982 | $561 | $1,001 | $2,206 | $3,672 | $5,075 |
| 34986 | $1,481 | $1,481 | $1,481 | $1,481 | $1,481 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| St. Lucie Property Appraiser | |
| Website | paslc.gov |