St James, Franklin County, Florida Property Taxes

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

Median ST JAMES, FL effective property tax rate: 0.97%, slightly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median ST JAMES, FL home value: $201,401
Median annual ST JAMES, FL tax bill: $1,979, $421 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin calculated?

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

Last Updated March 1, 2025

St James, Franklin County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.97%

Estimate Property Tax Bill

$1,954

$1,813

Ownwell’s St James Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in St James with just two data points. By entering your property's estimated assessed value, our calculator applies St James’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 St James, 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 St. James’s effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S. St. James, located in Franklin County, offers a property tax rate of 0.97%, which is slightly below the national median of 1.02%. This means residents of St. James enjoy a lower property tax burden compared to many other parts of the country. The median property tax bill in St. James is also favorable when compared to the national median of $2400. This makes it an attractive location for property owners looking for a balance between community services and tax expenses.

Property Tax Rates Across St James, 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 St James Tax Rate

0.97%

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 St James, Franklin County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile

Source: Ownwell

Property Tax Assessment Values Across St James, Franklin County, Florida

When examining property taxes in St James, FL, 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 St James.

For example, the median home price in St James is $201,401, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across St James, Franklin County, Florida

Source: Ownwell

$61,845

$308,836

$555,827

Median St James Market Value

$201,401

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 St James, Franklin County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile

Source: Ownwell

Property Tax Bills Across St James, Franklin County, Florida

In St. James, located in Franklin County, FL, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in St. James is $201,401. Property tax bills in this area can vary significantly, with the 25th percentile at $1,838 and the 75th percentile reaching $2,677. At the 90th percentile, tax bills can soar to $2,724, which is above the national median property tax bill of $2,400. These figures illustrate the impact of property taxes on homeowners, emphasizing the importance of accurate assessments. An over-assessed property can lead to higher tax bills, straining homeowner finances.

Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing the assessed value of your property, Ownwell identifies opportunities to challenge over-assessments, potentially lowering your tax bill. This service not only helps you save money but also ensures that you pay only your fair share, aligning your tax obligations with the true market value of your home.

Property Tax Bills Across St James, Franklin County, Florida

Source: Ownwell

$530

$2,362

$4,194

Median St James Tax Bill

$1,979

Median Franklin County Tax Bill

$2,090

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across St James, Franklin County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile

Source: Ownwell