Apalachicola, Franklin County, Florida Property Taxes

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

Median Apalachicola, FL effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Apalachicola, FL home value: $190,710
Median annual Apalachicola, FL tax bill: $1,306, $1,094 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

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

Last Updated March 1, 2025

Apalachicola, Franklin County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.74%

Estimate Property Tax Bill

$1,411

$1,310

Ownwell’s Apalachicola Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Apalachicola with just two data points.

By entering your property's estimated assessed value, our calculator applies Apalachicola’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 Franklin County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Apalachicola, Franklin County, Florida

Local government entities in Florida set tax rates, which can vary significantly across the state. Each year, counties like Franklin estimate their budget needs to provide essential services and divide this by the total value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this annual process is the crux of how property taxes are determined.

In Apalachicola, located in Franklin County, the effective property tax rate is notably lower than the national median of 1.02%. This is reflective of Florida's overall lower property tax rates compared to other states. When comparing Apalachicola's tax rate to other cities within Florida, it is consistent with the state's median. This lower tax rate can be an attractive factor for property owners, offering potential savings compared to the national median property tax bill of $2400. Understanding these nuances can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Apalachicola, Franklin County, Florida

Source: Ownwell

0.74%

0.95%

1.15%

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 Apalachicola Tax Rate

0.74%

Median Effective Franklin County Tax Rate

0.87%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Apalachicola, Franklin County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32320	0.18%	0.38%	0.74%	1.31%	1.61%
32329	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Apalachicola, Franklin County, Florida

When examining property taxes in Apalachicola, 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 Franklin 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 Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Apalachicola. For example, the median home price in Apalachicola is $190,710, with tax bills ranging significantly across the county. Zip code 32320 has the highest median home price at $190,710.

Property Tax Assessment Values Across Apalachicola, Franklin County, Florida

Source: Ownwell

$61,845

$308,836

$555,827

Median Apalachicola Market Value

$190,710

Median Franklin County Market Value

$239,550

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Apalachicola, Franklin County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32320	$63,262	$107,038	$190,710	$300,714	$444,157
32329	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Apalachicola, Franklin County, Florida

In Apalachicola, property tax bills are calculated based on the assessed value of the home, which is determined by the Franklin County property appraiser. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as property location, size, and improvements can influence the assessed value, impacting the overall tax bill. In Apalachicola, the median home price is $190,710, with property tax bills ranging from $518 at the 25th percentile to $4,914 at the 90th percentile. The highest and lowest median tax bill in the area is $1,303, which is below the national median property tax bill of $2,400. This can be advantageous for homeowners, yet it's crucial to ensure assessments are accurate to avoid overpayment. Ownwell assists homeowners by reviewing property assessments and identifying potential savings through appeals and exemptions. By leveraging their expertise, homeowners can potentially reduce their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Apalachicola, Franklin County, Florida

Source: Ownwell

$530

$2,362

$4,194

Median Apalachicola Tax Bill

$1,306

Median Franklin County Tax Bill

$2,090

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Apalachicola, Franklin County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32320	$211	$518	$1,303	$2,847	$4,888
32329	N/A	N/A	N/A	N/A	N/A

Source: Ownwell