Cooper City, Florida Property Taxes
The median property tax rate in Cooper City, FL is 0.94%, slightly below the national median of 0.99% and significantly lower than Florida's state median of 1.14%. With a median home value of $524,100 in Cooper City, the typical annual property tax bill amounts to $5,019, which is notably higher than the national median of $2,690. Property taxes in Cooper City are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Cooper City'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 Cooper City 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
Cooper City, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$4,927
$4,572
$1,148
Average Tax Savings
Ownwell’s Cooper City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cooper City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cooper City to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Cooper City. 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 Cooper City, Florida
Property taxes in Cooper City, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cooper City is 0.94%, slightly below the U.S. national median of 0.99%. Local government entities within Cooper City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cooper City 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 Cooper City's effective property tax rate to other areas in Broward County and the national median. For comparison, the 33026 zip code has the highest median property tax rate of 1.04%, while the 33024 zip code has the lowest median tax rate of 0.61%. Understanding how these areas compare with Cooper City provides valuable insights into the varying tax landscape across Broward County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cooper City Tax Rate
0.94%
Average Broward County Tax Rate
1.44%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cooper City, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33024 | 0.53% | 0.56% | 0.61% | 1.10% | 1.38% |
| 33026 | 0.74% | 0.85% | 1.04% | 1.22% | 1.33% |
| 33328 | 0.54% | 0.65% | 0.95% | 1.52% | 1.83% |
| 33330 | 0.57% | 0.66% | 0.93% | 1.33% | 1.83% |
Source: Ownwell
$1,148
Average Cooper City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Cooper City, Florida
In Cooper City, 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 Broward 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 Cooper City, 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. For example, the zip code 33330 has the highest median tax bill at $5,219, while the zip code 33024 has the lowest at $2,959. 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 Cooper City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Cooper City, Florida
Source: Ownwell
$92,640
$3,655,020
$7,217,400
Average Cooper City Assessed Value
$524,100
Average Broward County Assessed Value
$357,080
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cooper City, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33024 | $472,300 | $475,780 | $481,580 | $855,565 | $1,079,956 |
| 33026 | $358,827 | $390,862 | $444,255 | $497,648 | $529,683 |
| 33328 | $351,923 | $433,552 | $516,950 | $597,368 | $702,457 |
| 33330 | $333,126 | $372,812 | $541,780 | $632,735 | $983,625 |
Source: Ownwell
$1,148
Average Cooper City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Cooper City, Florida
In Cooper City, Broward County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the Broward County Property Appraiser. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as home improvements, market conditions, and exemptions for which the homeowner qualifies can influence the assessed value. For instance, the median home price in Cooper City is $524,100, leading to a range of tax bills from $3,402 at the 25th percentile to $10,045 at the 90th percentile. Compared to the national median property tax rate of 0.99%, Cooper City residents face varying tax burdens. With the highest median tax bill in the area reaching $5,219 in zip code 33330 and the lowest at $2,959 in zip code 33024, it is clear that property taxes can significantly impact homeowners' finances. Ownwell can assist homeowners in Cooper City by appealing their property assessments and ensuring they receive all applicable exemptions, potentially saving them thousands on their property tax bills.
Average Cooper City Tax Bill
$5,019
Average Broward County Tax Bill
$4,521
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Cooper City, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33024 | $2,517 | $2,683 | $2,959 | $11,175 | $16,104 |
| 33026 | $2,806 | $3,628 | $4,998 | $6,368 | $7,189 |
| 33328 | $2,510 | $3,360 | $4,923 | $7,268 | $9,770 |
| 33330 | $2,479 | $3,476 | $5,219 | $7,816 | $10,537 |
Source: Ownwell
$1,148
Average Cooper City Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Broward Property Appraiser | |
| Phone | (954) 357-6904 |
| Website | web.bcpa.net |
| martykiar@bcpa.net | |
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