High Springs, Florida Property Taxes
The median property tax rate in High Springs, FL is 1.35%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in High Springs at $204,236, the typical annual property tax bill reaches $2,676, closely approaching the national median of $2,690. Property taxes in High Springs are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding High Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of High Springs 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
High Springs, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.35%
Estimate Property Tax Bill
$2,757
$2,559
Ownwell’s High Springs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in High Springs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in High Springs 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 High Springs, Florida
Property taxes in High Springs, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in High Springs is 1.35%, higher than the U.S. national median of 0.99%. Local government entities within High Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, High Springs 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 High Springs' effective property tax rate to other counties in Florida and the national median. For comparison, the 32643 zip code has both the highest and lowest median property tax rate of 1.35%. Understanding how these cities compare with High Springs provides valuable insights into the varying tax landscape across Alachua County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average High Springs Tax Rate
1.35%
Average Alachua County Tax Rate
1.47%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across High Springs, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32643 | 0.67% | 0.97% | 1.35% | 1.94% | 2.36% |
Source: Ownwell
Property Tax Assessment Values Across High Springs, Florida
In High Springs, 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 Alachua 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 High Springs, 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 High Springs is $204,236, with tax bills ranging from $1,302 at the 25th percentile to $5,763 at the 90th percentile. Notably, the highest and lowest median tax bills are both $2,678 in the 32643 zip code. Being aware of these valuation processes in High Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average High Springs Assessed Value
$204,236
Average Alachua County Assessed Value
$201,074
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across High Springs, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32643 | $72,824 | $124,574 | $204,708 | $284,104 | $376,476 |
Source: Ownwell
Property Tax Bills Across High Springs, Florida
In High Springs, located in Alachua County, FL, property tax bills are calculated based on the assessed value of a home, not its market value. The assessed value is determined by the county assessor and reflects the property's taxable worth. This value is then multiplied by the local tax rate to determine the annual tax bill. For High Springs, with a median home price of $204,236, the property tax bill can range significantly. At the 25th percentile, homeowners might pay around $1,302, while those at the 75th percentile could see bills as high as $4,158. The 90th percentile tax bill reaches up to $5,763. These figures are influenced by various factors, including property size, location, and any applicable exemptions. Homeowners in High Springs should be aware of these variables as they can substantially impact their annual financial obligations. With the national median property tax rate at 0.99%, understanding these local nuances is crucial for budgeting and financial planning.
Average High Springs Tax Bill
$2,676
Average Alachua County Tax Bill
$2,949
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across High Springs, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32643 | $734 | $1,304 | $2,678 | $4,159 | $5,763 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Alachua Property Appraiser | |
| Website | qpublic.schneidercorp.com |