Eastpoint, Franklin County, Florida Property Taxes

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

Median Eastpoint, FL effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Eastpoint, FL home value: $555,827
Median annual Eastpoint, FL tax bill: $4,194, $1,794 higher than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

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

Last Updated March 1, 2025

Eastpoint, Franklin County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.81%

Estimate Property Tax Bill

$4,502

$4,178

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

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Eastpoint’s effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S. Eastpoint, located in Franklin County, has a median property tax rate of 0.81%, which is lower than the national median of 1.02%. This rate makes Eastpoint an attractive option for homeowners looking for lower property tax burdens. While other areas in Florida may have higher or lower rates, Eastpoint stands out with its competitive rate. This can be especially appealing when considering the national median property tax bill of $2,400. Understanding these rates can help homeowners make informed decisions about purchasing property in Eastpoint and managing their tax liabilities effectively.

Property Tax Rates Across Eastpoint, 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 Eastpoint Tax Rate

0.81%

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 Eastpoint, Franklin County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32328	0.30%	0.56%	0.81%	0.93%	1.01%

Source: Ownwell

Property Tax Assessment Values Across Eastpoint, Franklin County, Florida

When examining property taxes in Eastpoint, 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.

In Franklin 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 Eastpoint.

For example, the median home price in Eastpoint is $555,827, with tax bills ranging significantly across the county. Zip code 32328 has the highest median home price at $555,827.

Property Tax Assessment Values Across Eastpoint, Franklin County, Florida

Source: Ownwell

$61,845

$308,836

$555,827

Median Eastpoint Market Value

$555,827

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 Eastpoint, Franklin County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32328	$77,944	$215,010	$555,827	$960,357	$1,602,105

Source: Ownwell

Property Tax Bills Across Eastpoint, Franklin County, Florida

In Eastpoint, located in Franklin County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the local property appraiser. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and any applicable exemptions can influence the assessed value. The median property tax bill in this region is notably higher than the national median, with homeowners often paying significant amounts. For instance, the 75th percentile tax bill is $7,741, illustrating the potential financial burden on homeowners. However, homeowners in Eastpoint can find relief with Ownwell's expertise. By leveraging a comprehensive understanding of local tax codes and exemptions, Ownwell assists homeowners in appealing their property tax assessments, potentially lowering their tax bills. This service can result in substantial savings, making property ownership more affordable and less stressful for Eastpoint residents.

Property Tax Bills Across Eastpoint, Franklin County, Florida

Source: Ownwell

$530

$2,362

$4,194

Median Eastpoint Tax Bill

$4,194

Median Franklin County Tax Bill

$2,090

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Eastpoint, Franklin County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32328	$365	$1,444	$4,194	$7,741	$12,878

Source: Ownwell