Ponte Vedra, Florida Property Taxes
The median property tax rate in Ponte Vedra, FL is 1.56%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Ponte Vedra at $461,303, the typical annual property tax bill reaches $7,282, far exceeding the national median of $2,690. Property taxes in Ponte Vedra are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ponte Vedra's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Ponte Vedra or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ponte Vedra, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.56%
Estimate Property Tax Bill
$7,196
$6,678
$1,148
Average Tax Savings
Ownwell’s Ponte Vedra Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ponte Vedra with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ponte Vedra to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Ponte Vedra. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Ponte Vedra, Florida
Property taxes in Ponte Vedra, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ponte Vedra is 1.56%, significantly higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Ponte Vedra set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ponte Vedra estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Ponte Vedra's effective property tax rate to other counties in Florida and the national median. For comparison, the 32081 zip code has the highest median property tax rate of 1.56%, while the same zip code also has the lowest median tax rate of 1.56%. Understanding how these cities compare with Ponte Vedra provides valuable insights into the varying tax landscape across Duval County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ponte Vedra Tax Rate
1.56%
Average Duval County Tax Rate
1.14%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ponte Vedra, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32081 | 1.27% | 1.48% | 1.56% | 1.70% | 2.03% |
Source: Ownwell
$1,148
Average Ponte Vedra Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Ponte Vedra, Florida
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Ponte Vedra, Florida. The market value is the price a willing buyer would pay to a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Duval County Property Appraiser for tax purposes. In contrast, the assessed value 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 are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Ponte Vedra helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Ponte Vedra are both $7,282, found in the 32081 zip code.
Average Ponte Vedra Assessed Value
$461,303
Average Duval County Assessed Value
$211,651
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ponte Vedra, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32081 | $384,410 | $415,656 | $461,303 | $518,058 | $564,593 |
Source: Ownwell
$1,148
Average Ponte Vedra Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Ponte Vedra, Florida
In Ponte Vedra, Duval County, FL, property tax bills are determined based on the assessed value of your home and the local tax rate. The median home price in Ponte Vedra is $461,303, which influences the assessed value. Tax bills can vary significantly, with the 25th percentile at $6,381 and the 75th percentile at $8,440, while the 90th percentile reaches up to $9,544. The highest and lowest median tax bills both stand at $7,282 in the 32081 zip code. Several factors are considered when calculating your tax bill, including property improvements, market conditions, and local government budgets. These taxes can significantly impact homeowners, making it essential to ensure they are fair and accurate. Ownwell offers expert property tax appeal and exemption services to help homeowners in Ponte Vedra reduce their tax burdens. By analyzing your property’s assessed value and comparing it to market trends, Ownwell can identify discrepancies and file appeals on your behalf, potentially saving you hundreds or even thousands of dollars annually.
Average Ponte Vedra Tax Bill
$7,282
Average Duval County Tax Bill
$2,265
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Ponte Vedra, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32081 | $5,649 | $6,381 | $7,282 | $8,440 | $9,544 |
Source: Ownwell
$1,148
Average Ponte Vedra Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Duval Property Appraiser | |
| Website | paopropertysearch.coj.net |
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