Homosassa, Citrus County, Florida Property Taxes
Median Homosassa, FL effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Homosassa, FL home value: $201,499
Median annual Homosassa, FL tax bill: $1,638, $762 lower than the national median property tax bill of $2,400.
How are property taxes in Citrus County calculated?
Property taxes in Homosassa, 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 Homosassa’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Homosassa, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Homosassa, Citrus County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.82%
Estimate Property Tax Bill
$1,652
$1,533
Property Tax Rates Across Homosassa, Citrus County, Florida
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties calculate their necessary budget for public services and divide this by the total value of all taxable properties in their area. This process results in the property tax rate. Although setting tax rates and budgets involves votes and legislation, this annual procedure is the essence of how it works.
In Homosassa, located in Citrus County, Florida, the effective property tax rate is a subject of interest. When comparing Homosassa’s tax rate to other cities in Florida, it’s clear that rates can fluctuate across different regions. The median property tax rate in Florida offers a different perspective compared to the national median. While Homosassa's rate is competitive within the state, it's essential to consider how it stacks up against the national median property tax rate of 1.02%. By understanding these variations, homeowners can better navigate their property tax obligations and potentially identify opportunities for appealing or reducing their property tax bills.
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 Homosassa Tax Rate
0.82%
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 Citrus County Tax Rate
0.82%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Homosassa, Citrus County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34446 | 0.35% | 0.53% | 0.78% | 1.31% | 1.49% |
| 34448 | 0.33% | 0.48% | 1.03% | 1.45% | 1.65% |
Source: Ownwell
Property Tax Assessment Values Across Homosassa, Citrus County, Florida
When examining property taxes in Homosassa, 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 Citrus 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.
In Citrus 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 Homosassa.
For example, the median home price in Homosassa is $201,499, with tax bills ranging significantly across the county. Zip code 34446 has the highest median home price at $227,167.
Property Tax Assessment Values Across Homosassa, Citrus County, Florida
Source: Ownwell
$103,780
$172,238
$240,696
Median Homosassa Market Value
$201,499
Median Citrus County Market Value
$196,001
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across Homosassa, Citrus County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34446 | $86,031 | $144,559 | $227,167 | $304,519 | $363,625 |
| 34448 | $62,184 | $102,170 | $166,855 | $273,412 | $464,717 |
Source: Ownwell
Property Tax Bills Across Homosassa, Citrus County, Florida
Median Homosassa Tax Bill
$1,638
Median Citrus County Tax Bill
$1,605
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Homosassa, Citrus County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34446 | $485 | $881 | $1,757 | $2,741 | $3,819 |
| 34448 | $400 | $674 | $1,400 | $2,841 | $5,286 |
Source: Ownwell
Don't miss the deadline to petition!
Dates |
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Links | |
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| Citrus Property Appraiser | |
| Website | www.citruspa.org |