Old Town, Dixie County, Florida Property Taxes

Name: Property Tax Bills Across Old Town, Dixie County, Florida
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Old Town, FL effective property tax rate: 1.28%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Old Town, FL home value: $65,100
Median annual Old Town, FL tax bill: $824, $1,576 lower than the national median property tax bill of $2,400.

How are property taxes in Dixie calculated?

Property taxes in Old Town, 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 Old Town’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Old Town, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Old Town, Dixie County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.28%

Estimate Property Tax Bill

$833

$773

Ownwell’s Old Town Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Old Town with just two data points. By entering your property's estimated assessed value, our calculator applies Old Town’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Dixie County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Old Town, Dixie County, Florida

Local government entities determine property tax rates, which can differ significantly within a state. Each county annually calculates its necessary budget for public services and divides it by the total value of all taxable property in its area. This results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the basic yearly process.

In Old Town, located in Dixie County, the effective property tax rate is worth noting. Compared to other cities in Florida, Old Town's rate aligns with the state's median property tax rate of 1.28%, which is higher than the national median of 1.02%. This means that property owners in Old Town may experience a higher property tax burden compared to the national average. However, this rate is consistent across Dixie County, ensuring a level of predictability for homeowners. Understanding these rates can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Old Town, Dixie County, Florida

Source: Ownwell

1.28%

1.70%

2.12%

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 Old Town Tax Rate

1.28%

Median Effective Dixie County Tax Rate

1.35%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Old Town, Dixie County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32680	0.57%	0.95%	1.28%	2.21%	2.75%

Source: Ownwell

Property Tax Assessment Values Across Old Town, Dixie County, Florida

When examining property taxes in Old Town, Florida, 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 Dixie 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 Dixie 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 Old Town. For example, the median home price in Old Town is $65,100, with tax bills ranging significantly across the county. 32680 has the highest median home price at $65,100.

Property Tax Assessment Values Across Old Town, Dixie County, Florida

Source: Ownwell

$50,450

$94,300

$138,150

Median Old Town Market Value

$65,100

Median Dixie County Market Value

$64,100

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Old Town, Dixie County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32680	$23,400	$37,800	$65,100	$105,800	$165,700

Source: Ownwell

Property Tax Bills Across Old Town, Dixie County, Florida

Property tax bills in Old Town, Dixie County, FL, are determined by assessing the property's value and applying the local tax rate. The assessed value is a percentage of the property's market value, which is influenced by factors such as location, size, and property improvements. In Old Town, the median property tax bill is $824, significantly lower than the national median property tax bill of $2,400. This low tax bill can be attributed to the relatively modest median home price of $65,100 in the area. Homeowners in Old Town face tax bills that range from $437 at the 25th percentile to $2,765 at the 90th percentile, reflecting the diversity in property values and assessments. Despite the lower tax rates, it's crucial for homeowners to ensure their property is assessed accurately to avoid overpaying. Ownwell assists homeowners by providing expert property tax appeal and exemption services, helping them navigate the complexities of property tax assessments and potentially saving them money on their tax bills.

Property Tax Bills Across Old Town, Dixie County, Florida

Source: Ownwell

$702

$1,503

$2,303

Median Old Town Tax Bill

$824

Median Dixie County Tax Bill

$835

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Old Town, Dixie County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32680	$310	$437	$824	$1,479	$2,765

Source: Ownwell