Dixie County, Florida Property Taxes
The median property tax rate in Dixie County is 1.35%, which is significantly higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Dixie County, the typical annual property tax bill reaches $835, which is considerably lower than the national median of $2,690. Property taxes in Dixie County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Dixie County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Cross City or another part of Dixie County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dixie County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.35%
Estimate Property Tax Bill
$865
$803
Ownwell’s Dixie County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dixie County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dixie County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Dixie County, Florida
Property taxes in Dixie County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dixie County is 1.35%, which is higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Dixie County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dixie County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Dixie County's effective property tax rate with other counties in Florida and the national median. For comparison, the city of Horseshoe Beach has one of the higher property tax rates in Florida at 2.12%, while the city of Old Town boasts one of the lowest at 1.28%. Analyzing how Dixie County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dixie County Tax Rate
1.35%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dixie County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Branford | 0.64% | 0.93% | 1.38% | 2.01% | 2.19% |
| Cross City | 0.67% | 0.98% | 1.30% | 2.40% | 3.35% |
| Horseshoe Beach | 0.72% | 1.23% | 2.12% | 2.27% | 2.40% |
| Old Town | 0.57% | 0.95% | 1.28% | 2.21% | 2.75% |
| Steinhatchee | 0.69% | 1.01% | 1.88% | 2.27% | 2.96% |
| Suwannee | 1.06% | 1.85% | 2.10% | 2.54% | 2.77% |
| Unincorporated | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Dixie County, Florida
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Dixie County, FL. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Dixie County Appraisal District. The assessed value, however, 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 in Dixie County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. The highest median tax bill in Dixie County is found in Horseshoe Beach at $2,303, while the lowest is in Cross City at $702. Being aware of these valuation processes in Dixie County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Dixie County Assessed Value
$64,100
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dixie County, Florida
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Branford | $51,040 | $88,138 | $138,150 | $193,550 | $272,150 |
| Cross City | $18,400 | $31,300 | $50,450 | $83,825 | $127,110 |
| Horseshoe Beach | $49,250 | $79,825 | $136,750 | $178,600 | $237,950 |
| Old Town | $23,400 | $37,800 | $65,100 | $105,800 | $165,700 |
| Steinhatchee | $23,490 | $37,000 | $58,300 | $128,325 | $243,990 |
| Suwannee | $9,880 | $30,500 | $63,200 | $125,400 | $189,720 |
| Unincorporated | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Dixie County, Florida
In Dixie County, FL, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. This value is then multiplied by the local tax rate to calculate the annual tax bill. For instance, the median home price in Dixie County is $64,100. Several factors influence the tax bill, including property location, size, and any applicable exemptions. Homeowners can expect a wide range of tax bills depending on these factors. The 25th percentile tax bill is approximately $436, while the 75th percentile reaches around $1,542. The 90th percentile tax bill can be as high as $2,950. In comparison, the highest median tax bill is found in Horseshoe Beach at $2,303, whereas the lowest is in Cross City at $702. These variations significantly impact homeowners, affecting their financial planning and overall cost of homeownership.
Average Dixie County Tax Bill
$835
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Dixie County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Branford | $619 | $860 | $1,813 | $3,103 | $4,657 |
| Cross City | $310 | $333 | $702 | $1,132 | $2,046 |
| Horseshoe Beach | $531 | $1,070 | $2,303 | $3,258 | $4,699 |
| Old Town | $310 | $437 | $824 | $1,479 | $2,765 |
| Steinhatchee | $310 | $540 | $902 | $2,028 | $4,411 |
| Suwannee | $315 | $704 | $1,051 | $2,109 | $3,592 |
| Unincorporated | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell