Southport, Bay County, Florida Property Taxes
Median Southport, FL effective property tax rate: 1.27%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Southport, FL home value: $121,029
Median annual Southport, FL tax bill: $1,556, $844 lower than the national median property tax bill of $2,400.
How are property taxes in Bay County calculated?
Property taxes in Southport, FL 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 Southport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Southport, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Southport, Bay County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.27%
Estimate Property Tax Bill
$1,537
$1,426
Property Tax Rates Across Southport, Bay County, Florida
Local government entities determine property tax rates, and these can vary significantly within a state. This variation occurs because each county annually assesses its budgetary needs to fund services, dividing this by the total value of all taxable property within its boundaries. This process yields the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is the essence of the yearly procedure.
In Southport, located in Bay County, Florida, the effective property tax rate is a notable point of comparison. When you compare Southport’s rate to other cities in Florida and the U.S. median, it offers insight into how property tax obligations can differ. Florida’s median property tax rate is slightly above the national median, reflecting regional variances in tax policies and budgetary requirements. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively. By staying informed about local tax rates, property owners in Southport can better navigate their financial responsibilities and potentially explore opportunities for appealing or reducing their property tax burdens.
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 Southport Tax Rate
1.27%
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%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Southport, Bay County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32409 | 1.02% | 1.26% | 1.27% | 1.29% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Southport, Bay County, Florida
When examining property taxes in Southport, Florida, 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 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 March. 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 Southport.
For example, the median home price in Southport is $121,029, with tax bills ranging significantly across the county. Zip code 32409 has the highest median home price at $121,029.
Property Tax Assessment Values Across Southport, Bay County, Florida
Source: Ownwell
$49,367
$222,219
$395,070
Median Southport Market Value
$121,029
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 Southport, Bay County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32409 | $31,161 | $63,327 | $121,029 | $247,920 | $317,024 |
Source: Ownwell
Property Tax Bills Across Southport, Bay County, Florida
Median Southport Tax Bill
$1,556
Median Bay County Tax Bill
$2,427
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Southport, Bay County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32409 | $344 | $746 | $1,556 | $3,145 | $4,010 |
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 |