Moore Haven, Florida Property Taxes
The median property tax rate in Moore Haven, FL is 1.36%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Moore Haven at $92,080, the typical annual property tax bill reaches $953, which is lower than the national median of $2,690. Property taxes in Moore Haven 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 Moore Haven'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 Moore Haven 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
Moore Haven, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$1,252
$1,185
Ownwell’s Moore Haven Property Tax Bill Calculator assists homeowners, real estate investors, and potential owners in estimating their annual property taxes in Moore Haven with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moore Haven 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 Moore Haven, Florida
Property taxes in Moore Haven, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Moore Haven is 1.36%, significantly higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Moore Haven set these rates annually, and they can vary significantly across different neighborhoods. Each year, Moore Haven 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 Moore Haven's effective property tax rate to other counties in Florida and the national median. For comparison, the zip code 33471 has both the highest and lowest median property tax rate of 1.36%, highlighting the uniformity in tax rates within the region. Understanding how these cities compare with Moore Haven provides valuable insights into the varying tax landscape across Glades County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moore Haven Tax Rate
1.36%
Average Glades County Tax Rate
1.37%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moore Haven, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33471 | 0.41% | 0.64% | 1.36% | 1.65% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Moore Haven, Florida
In Moore Haven, 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 Glades 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 Moore Haven, 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 Moore Haven helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill in Moore Haven is 33471, with a median tax bill of $953.
Average Moore Haven Assessed Value
$92,080
Average Glades County Assessed Value
$102,566
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moore Haven, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33471 | $37,824 | $58,321 | $92,080 | $137,412 | $195,008 |
Source: Ownwell
Property Tax Bills Across Moore Haven, Florida
In Moore Haven, located in Glades County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the local property appraiser. The assessed value is then multiplied by the local tax rate to arrive at the annual tax bill. For homeowners in Moore Haven, the median home price is $92,080, and property tax bills can vary significantly. At the 25th percentile, homeowners might pay around $552 annually, while those at the 75th percentile could see tax bills as high as $1,658. The 90th percentile tax bill can reach up to $2,551. The highest and lowest median tax bill in the area both stand at $953, which is determined by the zip code 33471. These taxes are essential for funding local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Moore Haven's tax rates are relatively moderate, impacting homeowners by providing necessary community services while maintaining manageable tax obligations.
Average Moore Haven Tax Bill
$953
Average Glades County Tax Bill
$1,098
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Moore Haven, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33471 | $307 | $552 | $953 | $1,658 | $2,551 |
Source: Ownwell