Desoto County, Florida Property Taxes
Median DeSoto County effective property tax rate: 1.14%, slightly higher than the national median of 1.02%.
Median DeSoto County home value: $148,552
Median annual DeSoto County tax bill: $1,616, $784 lower than the national median property tax bill of $2,400.
How are property taxes in DeSoto County calculated?
Property taxes in DeSoto County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Arcadia or another part of DeSoto County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Desoto County, Florida Property Tax Bill Calculator
$100,000
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Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$1,693
$1,572
Property Tax Rates Across Desoto County, Florida
Local government entities set tax rates, which can vary significantly within a state. This variability arises because each county annually 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. Although votes and laws contribute to setting tax rates and budgets, this is the annual process in a nutshell.
Comparing DeSoto County's effective property tax rate to other counties in Florida or the U.S. median property tax rate can provide valuable insights. DeSoto County's median tax rate is 1.14%, which is higher than the national median property tax rate of 1.02%. This places DeSoto County above the national average, highlighting a relatively higher tax burden. Within Florida, DeSoto County's tax rate is close to the highest in the state, with Lake Suzy having a slightly higher rate of 1.30%. Meanwhile, Arcadia offers a slightly lower rate of 1.12%. Understanding these differences can help property owners make informed decisions about their investments and potential tax liabilities.
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 Desoto County Tax Rate
1.14%
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 Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Assessment Values Across Desoto County, Florida
When examining property taxes in DeSoto County, 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 DeSoto 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 DeSoto County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 DeSoto County.
For example, the median tax bill in DeSoto County is $2,160, with tax bills ranging significantly across the county. Arcadia has the highest median home price at $149,160.
Median Desoto County Market Value
$148,552
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Bills Across Desoto County, Florida
Median Desoto County Tax Bill
$1,616
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400