Lake Suzy, Charlotte County, Florida Property Taxes
Median LAKE SUZY, FL effective property tax rate: 1.18%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median LAKE SUZY, FL home value: $333,952
Median annual LAKE SUZY, FL tax bill: $3,786, $1,386 higher than the national median property tax bill of $2,400.
How are property taxes in Charlotte calculated?
Property taxes in LAKE SUZY, 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 LAKE SUZY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LAKE SUZY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lake Suzy, Charlotte County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.18%
Estimate Property Tax Bill
$3,941
$3,657
Property Tax Rates Across Lake Suzy, Charlotte County, Florida
Local government entities set tax rates, and these can vary significantly within a state. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Lake Suzy, located in Charlotte County, the effective property tax rate is a reflection of this process. When compared to other cities in Florida, Lake Suzy's rate offers a unique perspective on property taxation within the state. The median property tax rate in Florida is slightly above the national median, highlighting the state's approach to funding local services.
For residents of Lake Suzy, understanding how their property tax rates compare to both the state and national averages provides valuable insight into their contributions to local government funding. With property tax rates being a significant factor in homeownership costs, staying informed about these rates can help residents make more informed financial decisions.
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 Lake Suzy Tax Rate
1.18%
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 Charlotte County Tax Rate
1.42%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lake Suzy, Charlotte County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34269 | 0.80% | 1.02% | 1.18% | 1.38% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Lake Suzy, Charlotte County, Florida
When examining property taxes in Lake Suzy, FL, 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 Charlotte 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.
Assessment notices: In Charlotte 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 Lake Suzy. For example, the median home price in Lake Suzy is $333,952, with tax bills ranging significantly across the county. Zip code 34269 has the highest median home price at $333,952.
Property Tax Assessment Values Across Lake Suzy, Charlotte County, Florida
Source: Ownwell
$85,524
$602,489
$1,119,453
Median Lake Suzy Market Value
$333,952
Median Charlotte County Market Value
$241,434
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lake Suzy, Charlotte County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34269 | $313,001 | $322,658 | $333,952 | $350,363 | $384,253 |
Source: Ownwell
Property Tax Bills Across Lake Suzy, Charlotte County, Florida
Property tax bills in Lake Suzy, Charlotte County, FL, are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Lake Suzy often face higher tax bills, with the median bill being $3,786, significantly above the national median of $2,400. This can be attributed to the median home price of $333,952, which influences the assessed value and, consequently, the tax bill. Factors such as property improvements and neighborhood developments can also impact assessments, potentially increasing the tax burden on homeowners.
Ownwell offers a solution by providing property tax appeal services, helping homeowners potentially reduce their tax bills. By analyzing property data and market trends, Ownwell identifies opportunities for reassessment, ensuring homeowners do not overpay. With expertise in navigating the complexities of property tax laws, Ownwell can effectively advocate for fair assessments, leading to significant savings for homeowners in Lake Suzy.
Median Lake Suzy Tax Bill
$3,786
Median Charlotte County Tax Bill
$3,041
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Lake Suzy, Charlotte County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34269 | $2,688 | $3,352 | $3,786 | $4,635 | $5,175 |
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 |