Suwannee, Dixie County, Florida Property Taxes

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

Median Suwannee, FL effective property tax rate: 2.10%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Suwannee, FL home value: $63,200
Median annual Suwannee, FL tax bill: $1,051, $1,349 lower than the national median property tax bill of $2,400.

How are property taxes in Dixie County calculated?

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

Last Updated March 1, 2025

Suwannee, Dixie County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.1%

Estimate Property Tax Bill

$1,327

$1,232

Ownwell’s Suwannee Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Suwannee with just two data points. By entering your property's estimated assessed value, our calculator applies Suwannee’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 Suwannee, Dixie County, Florida

Local government entities are responsible for setting tax rates, and these can vary significantly within a state. This variation arises because each county annually estimates the budget needed to provide public services. They then divide this budget by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this process encapsulates the annual procedure.

In Suwannee, located in Dixie County, FL, the effective property tax rate is 2.10%, which is notably higher than the national median property tax rate of 1.02%. This discrepancy highlights the significant variation that can exist in property tax rates both within a state and across the nation. It's important for property owners in Suwannee to be aware of this rate, as it directly impacts their annual property tax bill. Comparatively, the national median property tax bill is $2,400, emphasizing the importance of understanding local tax obligations.

Property Tax Rates Across Suwannee, 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 Suwannee Tax Rate

2.10%

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 Suwannee, Dixie County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32692	1.06%	1.85%	2.10%	2.54%	2.77%

Source: Ownwell

Property Tax Assessment Values Across Suwannee, Dixie County, Florida

When examining property taxes in Suwannee, 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. 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 Suwannee. For example, the median home price in Suwannee is $63,200, with tax bills ranging significantly across the county. Zip code 32692 has the highest median home price at $63,200.

Property Tax Assessment Values Across Suwannee, Dixie County, Florida

Source: Ownwell

$50,450

$94,300

$138,150

Median Suwannee Market Value

$63,200

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 Suwannee, Dixie County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32692	$9,880	$30,500	$63,200	$125,400	$189,720

Source: Ownwell

Property Tax Bills Across Suwannee, Dixie County, Florida

In Suwannee, Dixie County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county property appraiser. The median home price in this area is $63,200, with a property tax rate that results in a median tax bill of $1,051. This figure is notably lower than the national median property tax bill of $2,400. Tax bills in Suwannee can range significantly, with the 25th percentile at $704 and the 90th percentile reaching up to $3,592. These variations depend on factors such as property location, exemptions, and any improvements made to the property. For homeowners, high property taxes can be a financial burden. Ownwell offers valuable assistance by reviewing property assessments and identifying potential savings through appeals and exemptions. By ensuring that homeowners are not overpaying on their property taxes, Ownwell can help reduce these costs, providing peace of mind and financial relief.

Property Tax Bills Across Suwannee, Dixie County, Florida

Source: Ownwell

$702

$1,503

$2,303

Median Suwannee Tax Bill

$1,051

Median Dixie County Tax Bill

$835

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Suwannee, Dixie County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32692	$315	$704	$1,051	$2,109	$3,592

Source: Ownwell