Port St Joe, Gulf County, Florida Property Taxes

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

Median Port St. Joe, FL effective property tax rate: 1.29%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Port St. Joe, FL home value: $85,000
Median annual Port St. Joe, FL tax bill: $1,360, $1,040 lower than the national median property tax bill of $2,400.

How are property taxes in Gulf County calculated?

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

Last Updated March 1, 2025

Port St Joe, Gulf County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.29%

Estimate Property Tax Bill

$1,097

$1,018

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

By entering your property's estimated assessed value, our calculator applies Port St. Joe’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 Gulf County.

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

Property Tax Rates Across Port St Joe, Gulf County, Florida

Local government entities set property tax rates, which can vary significantly within Florida. Each county, including Gulf County, estimates its required budget for services and divides it by the total value of all taxable property in its jurisdiction. This process determines the property tax rate. While votes and laws play a role, this is the basic annual procedure.

Port St. Joe, located in Gulf County, has an effective property tax rate of 1.29%. This rate is higher than the national median of 1.02% but aligns with the median rate for Florida. Despite the higher rate, the tax bill might still be lower than the national median due to differences in property values.

By comparing Port St. Joe’s property tax rate with other cities in Florida and the national average, property owners can better understand their tax obligations. This insight can help homeowners make informed decisions about property investments and financial planning. Understanding how these rates are determined and how they compare nationally can provide valuable context for managing property taxes effectively.

Property Tax Rates Across Port St Joe, 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 Port St Joe Tax Rate

1.29%

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 Port St Joe, Gulf County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32456	0.88%	1.07%	1.29%	1.30%	1.60%

Source: Ownwell

Property Tax Assessment Values Across Port St Joe, Gulf County, Florida

When examining property taxes in Port St. Joe, 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 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.

In Gulf 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 Port St. Joe. For example, the median home price in Port St. Joe is $85,000, with tax bills ranging significantly across the county. 32456 has the highest median home price at $85,000.

Property Tax Assessment Values Across Port St Joe, Gulf County, Florida

Source: Ownwell

$76,891

$179,826

$282,760

Median Port St Joe Market Value

$85,000

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 Port St Joe, Gulf County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32456	$50,000	$65,000	$85,000	$300,000	$682,385

Source: Ownwell

Property Tax Bills Across Port St Joe, Gulf County, Florida

In Port St. Joe, property tax bills are calculated based on the assessed value of a home, which is determined by the Gulf County property appraiser. The assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as exemptions and assessment limits can also impact the final bill. Homeowners in Port St. Joe face a median property tax bill of $1,360, which is below the national median of $2,400. However, tax bills can vary significantly, with some reaching up to $8,549 at the 90th percentile. For homeowners, this can mean a significant financial burden, especially when tax bills are on the higher end of the spectrum. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and ensuring they are fair and accurate, Ownwell helps homeowners reduce their tax bills, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Port St Joe, Gulf County, Florida

Source: Ownwell

$583

$1,676

$2,768

Median Port St Joe Tax Bill

$1,360

Median Gulf County Tax Bill

$1,572

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Port St Joe, Gulf County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32456	$700	$839	$1,360	$2,935	$8,549

Source: Ownwell