Bay County, Florida Property Taxes
Median Bay County effective property tax rate: 1.10%, slightly higher than the national median of 1.02%.
Median Bay County home value: $235,244
Median annual Bay County tax bill: $2,427, $27 higher than the national median property tax bill of $2,400.
How are property taxes in Bay County calculated?
Property taxes in Bay County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Panama City or another part of Bay County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bay County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.1%
Estimate Property Tax Bill
$2,588
$2,401
Property Tax Rates Across Bay County, Florida
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bay County Tax Rate
1.10%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bay County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ebro | 0.30% | 0.62% | 1.15% | 1.35% | 1.45% |
| Fountain | 0.18% | 0.43% | 0.86% | 1.29% | 1.37% |
| Lynn Haven | 0.53% | 0.82% | 1.06% | 1.33% | 1.55% |
| Mexico Beach | 0.75% | 1.14% | 1.37% | 1.59% | 1.71% |
| Panama City | 0.54% | 0.81% | 1.09% | 1.28% | 1.65% |
| Panama City Beach | 0.65% | 0.97% | 1.11% | 1.20% | 1.26% |
| Port Saint Joe | 1.07% | 1.19% | 1.33% | 1.56% | 1.71% |
| Southport | 1.02% | 1.26% | 1.27% | 1.29% | 1.33% |
| Youngstown | 0.28% | 0.55% | 0.83% | 1.28% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Bay County, Florida
When examining property taxes in Bay County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bay County Property Appraiser's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Bay County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bay County. For example, the median tax bill in Bay County is $2,400, with tax bills ranging significantly across the county. Port Saint Joe has the highest median home price at $395,070.
Median Bay County Market Value
$235,244
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bay County, Florida
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ebro | $19,212 | $29,564 | $49,367 | $82,782 | $139,876 |
| Fountain | $21,561 | $31,864 | $50,383 | $89,271 | $139,604 |
| Lynn Haven | $120,868 | $158,884 | $214,316 | $283,605 | $379,486 |
| Mexico Beach | $208,785 | $254,639 | $349,836 | $472,712 | $618,151 |
| Panama City | $64,961 | $115,117 | $195,917 | $303,160 | $442,250 |
| Panama City Beach | $165,024 | $242,250 | $335,329 | $484,367 | $658,750 |
| Port Saint Joe | $229,918 | $329,234 | $395,070 | $610,436 | $829,108 |
| Southport | $31,161 | $63,327 | $121,029 | $247,920 | $317,024 |
| Youngstown | $30,957 | $45,912 | $87,694 | $155,479 | $222,628 |
Source: Ownwell
Property Tax Bills Across Bay County, Florida
Median Bay County Tax Bill
$2,427
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Bay County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ebro | $118 | $279 | $409 | $755 | $1,213 |
| Fountain | $40 | $199 | $405 | $748 | $1,387 |
| Lynn Haven | $756 | $1,406 | $2,246 | $3,310 | $4,418 |
| Mexico Beach | $2,047 | $3,246 | $4,678 | $6,454 | $8,821 |
| Panama City | $508 | $1,043 | $2,048 | $3,378 | $4,896 |
| Panama City Beach | $1,299 | $2,321 | $3,482 | $5,410 | $7,308 |
| Port Saint Joe | $2,444 | $4,550 | $5,952 | $7,216 | $11,448 |
| Southport | $344 | $746 | $1,556 | $3,145 | $4,010 |
| Youngstown | $143 | $363 | $683 | $1,364 | $2,091 |
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 | |
|---|---|
| Bay Property Appraiser | |
| Website | qpublic.schneidercorp.com |