Fort Denaud, Hendry County, Florida Property Taxes
The median property tax rate in Fort Denaud, FL is 0.90%, which is lower than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Fort Denaud at $284,438, the typical annual property tax bill amounts to $2,634, slightly below the national median of $2,690. Property taxes in Fort Denaud are calculated based on the tax assessed value, which is generally lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Fort Denaud'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 Fort Denaud 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
Fort Denaud, Hendry County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$2,560
$2,376
Ownwell’s FORT DENAUD Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in FORT DENAUD with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in FORT DENAUD 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 Fort Denaud, Hendry County, Florida
Property taxes in Fort Denaud, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fort Denaud is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Fort Denaud set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fort Denaud 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 Fort Denaud's effective property tax rate to other counties in Florida and the national median. For comparison, the 33935 zip code has the highest median property tax rate of 0.90%, while the same zip code also has the lowest median tax rate of 0.90%. Understanding how these cities compare with Fort Denaud provides valuable insights into the varying tax landscape across Hendry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fort Denaud Tax Rate
0.90%
Average Hendry County Tax Rate
1.36%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fort Denaud, Hendry County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33935 | 0.46% | 0.62% | 0.90% | 1.50% | 1.75% |
Source: Ownwell
Property Tax Assessment Values Across Fort Denaud, Hendry County, Florida
In Fort Denaud, 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 Hendry County Appraisal District 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. 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 Fort Denaud helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $284,438, with tax bills ranging from $1,492 at the 25th percentile to $7,420 at the 90th percentile. The zip code 33935 has the highest and lowest median tax bill of $2,634.
Property Tax Assessment Values Across Fort Denaud, Hendry County, Florida
Source: Ownwell
$145,077
$313,483
$481,888
Average Fort Denaud Assessed Value
$284,438
Average Hendry County Assessed Value
$171,703
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fort Denaud, Hendry County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33935 | $135,774 | $186,166 | $284,438 | $486,417 | $783,798 |
Source: Ownwell
Property Tax Bills Across Fort Denaud, Hendry County, Florida
Property tax bills in Fort Denaud, located in Hendry County, FL, are determined by assessing the value of a property and applying the local tax rate. The assessed value is typically a percentage of the property's market value. Factors such as property size, location, and improvements can influence this assessed value. Once the value is determined, the tax rate is applied to calculate the annual tax bill. For example, the median home price in Fort Denaud is $284,438. Depending on various factors, the tax bill can range significantly. At the 25th percentile, homeowners might pay around $1,492 annually, while those at the 75th percentile could see bills up to $4,667. The highest tax bills, at the 90th percentile, can reach $7,420. These tax bills can have a substantial impact on homeowners, influencing affordability and long-term financial planning. Compared to the national median property tax rate of 0.99%, the variation in Fort Denaud highlights the importance of understanding local tax assessments and their implications.
Average Fort Denaud Tax Bill
$2,634
Average Hendry County Tax Bill
$2,017
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Fort Denaud, Hendry County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33935 | $1,012 | $1,492 | $2,634 | $4,667 | $7,420 |
Source: Ownwell