Crawfordville, Florida Property Taxes
The median property tax rate in Crawfordville, FL is 1.04%, slightly higher than the national median of 0.99% but lower than the Florida state median of 1.14%. With the median home value in Crawfordville at $131,377, the typical annual property tax bill amounts to $1,419, which is below the national median of $2,690. Property taxes in Crawfordville are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Crawfordville'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 Crawfordville 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
Crawfordville, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$1,366
$1,292
Ownwell’s Crawfordville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Crawfordville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crawfordville 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 Crawfordville, Florida
Property taxes in Crawfordville, Florida, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Crawfordville is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Crawfordville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crawfordville 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 Crawfordville's effective property tax rate to other counties in Florida and the national median. For comparison, the 32327 zip code has the highest median property tax rate of 1.04%, while the same zip code also has the lowest median tax rate of 1.04%. Understanding how these areas compare with Crawfordville provides valuable insights into the varying tax landscape across Wakulla County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crawfordville Tax Rate
1.04%
Average Wakulla County Tax Rate
1.08%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crawfordville, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32327 | 0.67% | 0.85% | 1.04% | 1.45% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Crawfordville, Florida
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Crawfordville, Florida. 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 Wakulla 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 Crawfordville, 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 Crawfordville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 32327 has both the highest and lowest median tax bill, standing at $1,419.
Average Crawfordville Assessed Value
$131,377
Average Wakulla County Assessed Value
$127,534
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crawfordville, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32327 | $48,481 | $83,871 | $131,377 | $218,059 | $288,126 |
Source: Ownwell
Property Tax Bills Across Crawfordville, Florida
In Crawfordville, located in Wakulla County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county property appraiser. The assessed value is then multiplied by the local millage rate to calculate the annual property tax bill. For homeowners in Crawfordville, the median home price is approximately $131,377. Property tax bills can vary significantly, with the 25th percentile tax bill around $806 and the 75th percentile reaching up to $2,279. At the 90th percentile, homeowners may see tax bills as high as $3,246. The median property tax bill in the area is $1,419, which is notably higher than the national median property tax rate of 0.99%. These tax bills can have a substantial impact on homeowners, influencing their overall housing costs and potentially affecting their financial planning and budgeting. Understanding how property taxes are calculated can help homeowners better manage their expenses and plan for future financial obligations.
Average Crawfordville Tax Bill
$1,419
Average Wakulla County Tax Bill
$1,391
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Crawfordville, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32327 | $490 | $806 | $1,419 | $2,279 | $3,246 |
Source: Ownwell