Gulf County, Florida Property Taxes

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

Median Gulf County effective property tax rate: 1.05%, slightly higher than the national median of 1.02%. Median Gulf County home value: $190,146 Median annual Gulf County tax bill: $1,572, $828 lower than the national median property tax bill of $2,400. How are property taxes in Gulf County calculated? Property taxes in Gulf County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Port St. Joe or another part of Gulf County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Gulf County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.05%

Estimate Property Tax Bill

$1,997

$1,853

Ownwell’s Gulf County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gulf County with just two data points. By entering your property's estimated assessed value, our calculator applies Gulf County’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 more 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 Gulf County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Gulf County, Florida

Local government entities set tax rates, which can vary widely within a state. 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 Gulf County's effective property tax rate to other counties in Florida or the U.S. median property tax rate. Gulf County's median property tax rate stands at 1.05%, slightly above the national median of 1.02%. Within the county, the highest median tax rate is found in Port St. Joe at 1.29%, while Wewahitchka enjoys the lowest at 0.94%. These variations highlight the diverse property tax landscape within a single county. Understanding these differences can empower property owners to make informed decisions about their property investments and tax liabilities.

Property Tax Rates Across Gulf County, Florida

Source: Ownwell

0.94%

1.12%

1.29%

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 Gulf County Tax Rate

1.05%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gulf County, Florida

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Mexico Beach	N/A	N/A	N/A	N/A	N/A
Port Saint Joe	0.32%	0.72%	1.08%	1.29%	1.53%
Port St Joe	0.88%	1.07%	1.29%	1.30%	1.60%
Wewahitchka	0.23%	0.47%	0.94%	1.27%	1.35%

Source: Ownwell

Property Tax Assessment Values Across Gulf County, Florida

When examining property taxes in Gulf County, 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 Gulf 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 Gulf 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 Gulf County. For example, the median tax bill in Gulf County is $2,768, with tax bills ranging significantly across the county. Port Saint Joe has the highest median home price at $282,760.

Property Tax Assessment Values Across Gulf County, Florida

Source: Ownwell

$76,891

$179,826

$282,760

Median Gulf County Market Value

$190,146

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gulf County, Florida

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Mexico Beach	N/A	N/A	N/A	N/A	N/A
Port Saint Joe	$77,331	$162,782	$282,760	$488,428	$921,856
Port St Joe	$50,000	$65,000	$85,000	$300,000	$682,385
Wewahitchka	$22,639	$41,479	$76,891	$138,774	$212,934

Source: Ownwell

Property Tax Bills Across Gulf County, Florida

In Gulf County, FL, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county property appraiser and reflects the market value of the property. Homeowners in Gulf County can expect a range of tax bills, with the 25th percentile paying around $569 and the 75th percentile paying approximately $3,879. For those at the 90th percentile, tax bills can reach up to $7,631. These figures highlight the variability in property tax obligations within the county. In Port Saint Joe, the highest median tax bill is $2,768, while Wewahitchka residents experience the lowest median tax bill at $583. Compared to the national median property tax bill of $2,400, Gulf County's tax rates can be both below and above the national average, depending on the specific location within the county. This variability can significantly impact homeowners, influencing decisions about property purchases and financial planning.

Property Tax Bills Across Gulf County, Florida

Source: Ownwell

$583

$1,676

$2,768

Median Gulf County Tax Bill

$1,572

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Gulf County, Florida

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Mexico Beach	N/A	N/A	N/A	N/A	N/A
Port Saint Joe	$457	$1,200	$2,768	$5,211	$9,689
Port St Joe	$700	$839	$1,360	$2,935	$8,549
Wewahitchka	$151	$327	$583	$1,106	$1,834

Source: Ownwell

Find your City

Port Saint Joe Port St Joe

Wewahitchka