Starke, Florida Property Taxes
The median property tax rate in Starke, FL is 0.92%, slightly below the national median of 0.99% and significantly lower than Florida's state median of 1.14%. With the median home value in Starke at $88,334, the typical annual property tax bill amounts to $826, which is considerably less than the national median of $2,690. Property taxes in Starke are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Starke'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 Starke 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
Starke, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$813
$754
Ownwell’s Starke Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Starke with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Starke 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 Starke, Florida
Property taxes in Starke, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Starke is 0.92%, which is lower than the U.S. national median of 0.99%. Local government entities within Starke set these rates annually, and they can vary significantly across different neighborhoods. Each year, Starke 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 Starke's effective property tax rate to other counties in Florida and the national median. For comparison, the zip code 32091 has both the highest and lowest median property tax rate of 0.92%. Understanding how these cities compare with Starke provides valuable insights into the varying tax landscape across Bradford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Starke Tax Rate
0.92%
Average Bradford County Tax Rate
0.94%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Starke, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32091 | 0.46% | 0.67% | 0.92% | 1.61% | 1.95% |
Source: Ownwell
Property Tax Assessment Values Across Starke, Florida
In Starke, 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 Bradford 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 Starke, 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 Starke helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Starke is $88,334. The median tax bill for the 25th percentile is $528, while the 75th percentile sees a bill of $1,444. The highest and lowest median tax bills are both $826, found in the 32091 zip code.
Average Starke Assessed Value
$88,334
Average Bradford County Assessed Value
$96,435
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Starke, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32091 | $37,710 | $59,190 | $88,334 | $130,544 | $189,427 |
Source: Ownwell
Property Tax Bills Across Starke, Florida
In Starke, located in Bradford County, FL, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Starke is $88,334, which serves as a baseline for tax calculations. Homeowners can expect their tax bills to vary significantly, with the 25th percentile tax bill being $528 and the 75th percentile reaching $1,444. For those in the 90th percentile, tax bills can climb as high as $2,260. Several factors influence these tax bills, including the assessed value of the property, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Starke's rates can be considered relatively moderate. Homeowners in the area should be aware of these variations as they can significantly impact annual expenses. The highest and lowest median tax bill in the area both stand at $826, reflecting some consistency in tax assessments within the zip code 32091.
Average Starke Tax Bill
$826
Average Bradford County Tax Bill
$903
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Starke, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32091 | $263 | $528 | $826 | $1,444 | $2,260 |
Source: Ownwell