Fort Myers, Florida Property Taxes
The median property tax rate in Fort Myers, FL is 2.82%, significantly surpassing both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Fort Myers, the typical annual property tax bill amounts to $3,053, well above the national median of $2,690. Property taxes in Fort Myers are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Fort Myers' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Fort Myers 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
Fort Myers, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.82%
Estimate Property Tax Bill
$3,050
$2,884
Ownwell’s Fort Myers Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fort Myers with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fort Myers 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 Fort Myers, Florida
Property taxes in Fort Myers, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fort Myers is 0.83%, which is lower than both the Florida state median of 0.86% and the U.S. national median of 0.99%. Local government entities within Fort Myers set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fort Myers 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. Understanding how Fort Myers' effective property tax rate compares to other counties in Florida and the national median provides valuable insights into the varying tax landscape across Charlotte County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fort Myers Tax Rate
2.82%
Average Charlotte County Tax Rate
1.42%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fort Myers, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33917 | 2.82% | 2.82% | 2.82% | 2.82% | 2.82% |
Source: Ownwell
Property Tax Assessment Values Across Fort Myers, Florida
In Fort Myers, 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 Charlotte 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. 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 Fort Myers helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Fort Myers, the zip code 33917 has both the highest and lowest median tax bills, each at $3,053.
Average Fort Myers Assessed Value
$108,164
Average Charlotte County Assessed Value
$241,434
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fort Myers, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33917 | $108,164 | $108,164 | $108,164 | $108,164 | $108,164 |
Source: Ownwell
Property Tax Bills Across Fort Myers, Florida
Property tax bills in Fort Myers, located in Charlotte County, FL, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county property appraiser and reflects the property's market value. Once the assessed value is established, exemptions such as homestead exemptions may be applied to reduce the taxable value. The tax rate, or millage rate, is set by local taxing authorities and is applied to the taxable value to determine the annual tax bill. In Fort Myers, the median home price is $108,164, with a median property tax bill of $3,053. This amount is significantly higher than the national median property tax rate of 0.99%, highlighting the local tax burden on homeowners. Factors such as property improvements, changes in market value, and local budget requirements can influence the assessed value and tax rate, thereby affecting the overall tax bill. For homeowners, understanding these elements is crucial for financial planning and appealing inaccurate assessments.
Average Fort Myers Tax Bill
$3,053
Average Charlotte County Tax Bill
$3,041
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Fort Myers, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33917 | $3,053 | $3,053 | $3,053 | $3,053 | $3,053 |
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 | |
|---|---|
| Charlotte Property Appraiser | |
| Website | www.ccappraiser.com |