Enterprise, Florida Property Taxes
The median property tax rate in Enterprise, FL is 0.46%, significantly lower than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Enterprise at $163,772, the typical annual property tax bill comes to $671, well below the national median of $2,690. Property taxes in Enterprise are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Enterprise's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Enterprise or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Enterprise, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$753
$712
$1,148
Average Enterprise, Florida Tax Savings
Ownwell’s Enterprise Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Enterprise with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Enterprise 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 Enterprise. 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 Enterprise, Florida
Property taxes in Enterprise, Florida, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Enterprise is 0.46%, significantly lower than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Enterprise set these rates annually, and they can vary across different neighborhoods. Each year, Enterprise 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 Enterprise's effective property tax rate to other counties in Florida and the national median. For comparison, the 32725 zip code has both the highest and lowest median property tax rate of 0.46%. Understanding how these cities compare with Enterprise provides valuable insights into the varying tax landscape across Volusia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Enterprise Tax Rate
0.46%
Average Volusia County Tax Rate
0.93%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Enterprise, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32725 | 0.36% | 0.40% | 0.46% | 0.57% | 0.69% |
Source: Ownwell
$1,148
Average Enterprise Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Enterprise, Florida
In Enterprise, 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 Volusia 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 Enterprise, 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. The median home price in Enterprise is $163,772, with the 25th percentile tax bill at $571 and the 75th percentile tax bill at $1130. Interestingly, the highest and lowest median tax bill in Enterprise is $671, both found in the zip code 32725. 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 Enterprise helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Enterprise Assessed Value
$163,772
Average Volusia County Assessed Value
$274,208
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Enterprise, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32725 | $131,142 | $142,674 | $163,772 | $207,056 | $258,523 |
Source: Ownwell
$1,148
Average Enterprise Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Enterprise, Florida
In Enterprise, located in Volusia County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is then multiplied by the local tax rate. For context, the national median property tax rate is 0.99%. In Enterprise, the median home price is $163,772, resulting in varying tax bills. Homeowners in the 25th percentile pay around $571, while those in the 75th percentile face bills of approximately $1,130. The highest median tax bill in the area is $671, found in the 32725 zip code. Several factors influence the assessed value, including property size, location, and market conditions. High property taxes can place a significant financial burden on homeowners. This is where Ownwell steps in. By leveraging our expertise in property tax appeals and exemptions, we help homeowners potentially reduce their tax liabilities. Our team meticulously reviews each case to ensure clients are not overpaying, providing substantial savings and peace of mind.
Average Enterprise Tax Bill
$671
Average Volusia County Tax Bill
$2,466
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Enterprise, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32725 | $539 | $571 | $671 | $1,130 | $1,809 |
Source: Ownwell
$1,148
Average Enterprise 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 | |
|---|---|
| Volusia Property Appraiser | |
| Website | vcpa.vcgov.org |
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