Escambia County Property Taxes
The median property tax rate in Escambia County is 0.90%, which is lower than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $168,090 in Escambia County, the typical annual property tax bill amounts to $1,398, significantly below the national median of $2,690. Property taxes in Escambia County are determined based on the assessed value, which is often less than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Escambia County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can result in considerable annual savings. Whether you reside in Pensacola or another area of Escambia County, having a comprehensive knowledge of local property taxes is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Escambia County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$1,513
$1,404
Ownwell’s Escambia County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Escambia County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Escambia 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 Escambia County, Florida
Property taxes in Escambia County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Escambia County is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Escambia set these rates annually, and they can vary significantly between different areas within the county. Each year, Escambia 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 Escambia County's effective property tax rate with other areas in Florida and the national median. For comparison, the city of Pensacola Beach has one of the higher property tax rates in Florida at 1.34%, while the city of Mc David boasts one of the lowest at 0.62%. Analyzing how Escambia's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Escambia County Tax Rate
0.90%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Escambia County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Cantonment | 0.43% | 0.57% | 0.73% | 1.20% | 1.39% |
Century | 0.33% | 0.48% | 0.74% | 1.44% | 1.69% |
Gulf Breeze | 0.77% | 1.15% | 1.34% | 1.46% | 1.76% |
Mc David | 0.31% | 0.45% | 0.62% | 1.33% | 1.53% |
Molino | 0.38% | 0.52% | 0.69% | 1.23% | 1.48% |
Pensacola | 0.42% | 0.57% | 0.92% | 1.37% | 1.57% |
Pensacola Beach | 1.11% | 1.11% | 1.34% | 1.36% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Escambia County, Florida
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Escambia County. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering factors like location, property condition, and current economic trends. For tax purposes, this value is estimated by the Escambia 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 Escambia 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. For example, Pensacola Beach has the highest median tax bill at $4,718, while Century has the lowest at $649. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Escambia County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Escambia County, Florida
Source: Ownwell
$87,393
$219,888
$352,383
Average Escambia County Assessed Value
$168,090
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Escambia County, Florida
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Cantonment | $66,909 | $132,286 | $220,496 | $280,680 | $355,652 |
Century | $18,775 | $48,046 | $89,839 | $151,080 | $212,541 |
Gulf Breeze | $62,025 | $165,400 | $307,956 | $513,320 | $892,912 |
Mc David | $30,315 | $63,708 | $120,672 | $188,262 | $249,596 |
Molino | $39,894 | $87,467 | $165,813 | $260,010 | $360,492 |
Pensacola | $61,990 | $101,692 | $161,638 | $243,987 | $368,809 |
Pensacola Beach | $347,464 | $347,464 | $352,383 | $612,484 | $766,865 |
Source: Ownwell
Property Tax Bills Across Escambia County, Florida
In Escambia County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to arrive at the annual property tax bill. The median home price in Escambia County is $168,090, and the tax rate is applied to this value to determine the tax bill. Several factors influence the tax bill, including property location, market conditions, and any applicable exemptions. For instance, homes in Pensacola Beach face the highest median tax bill at $4,718, while those in Century have the lowest at $649. The variability in tax bills is evident, with the 25th percentile at $700, the 75th percentile at $2,477, and the 90th percentile reaching up to $4,090. Homeowners in Escambia County must consider these factors when budgeting for annual expenses. Compared to the national median property tax rate of 0.99%, Escambia County's tax bills can vary significantly, impacting homeowners' financial planning and property investment decisions.
Average Escambia County Tax Bill
$1,398
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Escambia County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Cantonment | $405 | $814 | $1,560 | $2,497 | $3,446 |
Century | $139 | $331 | $649 | $1,139 | $1,783 |
Gulf Breeze | $1,015 | $2,167 | $3,852 | $5,900 | $9,520 |
Mc David | $153 | $393 | $705 | $1,300 | $2,051 |
Molino | $259 | $518 | $1,096 | $1,991 | $3,079 |
Pensacola | $353 | $694 | $1,356 | $2,399 | $3,952 |
Pensacola Beach | $4,240 | $4,718 | $4,718 | $8,191 | $9,067 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | September 13 |
Tax Bill | |
Issued | November 1 |
Links | |
---|---|
Escambia Property Appraiser | |
Website | www.escpa.org |