Wewahitchka, Gulf County, Florida Property Taxes

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

Median Wewahitchka, FL effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Wewahitchka, FL home value: $76,891
Median annual Wewahitchka, FL tax bill: $583, $1,817 lower than the national median property tax bill of $2,400.

How are property taxes in Gulf County calculated?

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

Last Updated March 1, 2025

Wewahitchka, Gulf County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.94%

Estimate Property Tax Bill

$723

$671

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

Local government entities are responsible for setting property tax rates, which can significantly differ across various regions within a state. This variation arises because each year, counties like Gulf County in Florida determine their necessary budget to fund local services. They then divide this budget by the total assessed value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although there are votes and legislative measures that influence these rates and budgets, this is essentially the annual process.

In Wewahitchka, located in Gulf County, the effective property tax rate is a point of interest for property owners. When comparing Wewahitchka's rate with other cities in Florida, it's notable that the median property tax rate in Florida is 0.94%, which is below the national median of 1.02%. This suggests that property owners in Wewahitchka might enjoy relatively lower property tax rates compared to other parts of the country. Understanding these rates is crucial for property owners seeking to optimize their tax liabilities and ensure they are not overpaying.

Property Tax Rates Across Wewahitchka, 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 Wewahitchka Tax Rate

0.94%

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 Wewahitchka, Gulf County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32465	0.23%	0.47%	0.94%	1.27%	1.35%

Source: Ownwell

Property Tax Assessment Values Across Wewahitchka, Gulf County, Florida

When examining property taxes in Wewahitchka, 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 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 Wewahitchka. For example, the median home price in Wewahitchka is $76,891, with tax bills ranging significantly across the county. Zip code 32465 has the highest median home price at $76,891.

Property Tax Assessment Values Across Wewahitchka, Gulf County, Florida

Source: Ownwell

$76,891

$179,826

$282,760

Median Wewahitchka Market Value

$76,891

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 Wewahitchka, Gulf County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32465	$22,639	$41,479	$76,891	$138,774	$212,934

Source: Ownwell

Property Tax Bills Across Wewahitchka, Gulf County, Florida

In Wewahitchka, Gulf County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Wewahitchka, the median tax bill is $583, significantly lower than the national median of $2,400. Factors such as changes in market value, local government budgets, and applicable exemptions can influence the final tax amount. For instance, tax bills can range from $327 at the 25th percentile to $1,834 at the 90th percentile, reflecting variations in property values and tax rates. Homeowners often face challenges in ensuring their property is fairly assessed, which can lead to overpayment. Ownwell assists homeowners by navigating the complexities of property tax appeals and exemptions, potentially reducing their tax burden. By leveraging expertise and local market insights, Ownwell helps homeowners achieve fair property tax assessments and realize potential savings.

Property Tax Bills Across Wewahitchka, Gulf County, Florida

Source: Ownwell

$583

$1,676

$2,768

Median Wewahitchka Tax Bill

$583

Median Gulf County Tax Bill

$1,572

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Wewahitchka, Gulf County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32465	$151	$327	$583	$1,106	$1,834

Source: Ownwell