Flagler Beach, Flagler County, Florida Property Taxes
The median property tax rate in Flagler Beach, FL is 1.22%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Flagler Beach, the typical annual property tax bill reaches $4,231, exceeding the national median of $2,690. Property taxes in Flagler Beach 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 Flagler Beach'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 Flagler Beach 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
Flagler Beach, Flagler County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$4,414
$4,096
Ownwell’s Flagler Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Flagler Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Flagler Beach to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Flagler Beach, Flagler County, Florida
Property taxes in Flagler Beach, Florida, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Flagler Beach is 1.22%, notably higher than the U.S. national median of 0.99%. Local government entities within Flagler Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Flagler Beach 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 Flagler Beach's effective property tax rate to other counties in Florida and the national median. For comparison, the zip code 32136 has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these areas compare with Flagler Beach provides valuable insights into the varying tax landscape across Flagler County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Flagler Beach Tax Rate
1.22%
Average Flagler County Tax Rate
1.06%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Flagler Beach, Flagler County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32136 | 0.53% | 0.77% | 1.22% | 1.71% | 1.86% |
Source: Ownwell
Property Tax Assessment Values Across Flagler Beach, Flagler County, Florida
In Flagler Beach, Florida, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay 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 Flagler 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. In Flagler Beach, 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 Flagler Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Flagler Beach is $361,833, with the 25th percentile tax bill at $2,623 and the 75th percentile tax bill at $6,340. The highest and lowest median tax bills, both at $4,231, are found in the 32136 zip code.
Property Tax Assessment Values Across Flagler Beach, Flagler County, Florida
Source: Ownwell
$148,950
$264,227
$379,503
Average Flagler Beach Assessed Value
$361,833
Average Flagler County Assessed Value
$277,189
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Flagler Beach, Flagler County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32136 | $180,854 | $260,528 | $361,833 | $509,383 | $689,429 |
Source: Ownwell
Property Tax Bills Across Flagler Beach, Flagler County, Florida
In Flagler Beach, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, which is determined by the county assessor. Various factors such as property size, location, and improvements can influence this assessed value. Homeowners in Flagler Beach face a range of property tax bills. The 25th percentile tax bill stands at $2,623, while the 75th percentile reaches $6,340, and the 90th percentile climbs to $9,063. The median home price in the area is $361,833, which can give homeowners an idea of what their tax obligations might be. Compared to the national median property tax rate of 0.99%, Flagler Beach's property taxes can be quite variable, impacting homeowners differently based on their property's assessed value. High property taxes can influence decisions on home purchases, renovations, and long-term financial planning, making it essential for homeowners to understand how their tax bills are calculated.
Average Flagler Beach Tax Bill
$4,231
Average Flagler County Tax Bill
$3,117
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Flagler Beach, Flagler County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32136 | $1,473 | $2,623 | $4,231 | $6,340 | $9,063 |
Source: Ownwell