Holder, Florida Property Taxes
The median property tax rate in HOLDER, FL is 0.76%, which is notably lower than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $103,780 in HOLDER, the typical annual property tax bill amounts to $777, significantly below the national median of $2,690. Property taxes in HOLDER are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Gaining a comprehensive understanding of HOLDER's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of HOLDER or another part of the county, mastering the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Holder, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$789
$732
Ownwell’s HOLDER Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in HOLDER with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in HOLDER 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 Holder, Florida
Property taxes in HOLDER, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in HOLDER is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within HOLDER set these rates annually, and they can vary significantly across different neighborhoods. Each year, HOLDER 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 HOLDER's effective property tax rate to other counties in Florida and the national median. For comparison, the zip code 34445 has both the highest and lowest median property tax rate of 0.76%. Understanding how these areas compare with HOLDER provides valuable insights into the varying tax landscape across Citrus County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Holder Tax Rate
0.76%
Average Citrus County Tax Rate
0.82%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Holder, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34445 | 0.28% | 0.43% | 0.76% | 1.40% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Holder, Florida
In HOLDER, 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 Citrus 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 HOLDER, 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. The median home price in HOLDER is $103,780, with tax bills ranging from $496 at the 25th percentile to $1,829 at the 90th percentile. The highest and lowest median tax bills are both $777, found in the 34445 zip code. 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 HOLDER helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Holder Assessed Value
$103,780
Average Citrus County Assessed Value
$196,001
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Holder, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34445 | $42,655 | $73,225 | $103,780 | $136,965 | $196,488 |
Source: Ownwell
Property Tax Bills Across Holder, Florida
In HOLDER, located in Citrus County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in HOLDER, the median home price is $103,780. The tax bills in this area can vary significantly. Homeowners at the 25th percentile can expect to pay around $496 annually, while those at the 75th percentile see tax bills closer to $1,432. The most substantial tax bills, at the 90th percentile, reach up to $1,829. These tax bills directly impact homeowners by influencing their overall cost of homeownership. Compared to the national median property tax rate of 0.99%, HOLDER's property tax rates can be seen as relatively moderate, making it a potentially attractive location for homeowners seeking manageable property tax expenses.
Average Holder Tax Bill
$777
Average Citrus County Tax Bill
$1,605
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Holder, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34445 | $213 | $496 | $777 | $1,432 | $1,829 |
Source: Ownwell
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Dates |
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Links | |
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| Citrus Property Appraiser | |
| Website | www.citruspa.org |