Hernando County Property Taxes

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

The median property tax rate in Hernando County is 0.81%, which is significantly lower than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Hernando County at $239,781, the typical annual property tax bill reaches $1,941, which falls below the national median of $2,690. Property taxes in Hernando County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Hernando County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Brooksville or another part of Hernando County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.

Last Updated June 14, 2024

Hernando County Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Average Tax Rate

0.81%

Estimate Property Tax Bill

$1,942

$1,802

$1,148

Average Tax Savings

Ownwell’s Hernando County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Hernando County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Hernando County to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also highlights how Ownwell can help lower property taxes in Hernando County. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.

Property Tax Rates Across Hernando County, Florida

Property taxes in Hernando County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Hernando County is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Hernando County set these rates annually, and they can vary significantly between different areas within the county. Each year, Hernando County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Nobleton has one of the higher property tax rates in Florida at 1.40%, while the city of Ridge Manor boasts one of the lowest at 0.56%. Analyzing how Hernando County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.

Property Tax Rates Across Hernando County, Florida

Source: Ownwell

0.56%

0.98%

1.40%

Average Hernando County Tax Rate

0.81%

Average Florida Tax Rate

1.14%

Average United States Tax Rate

0.99%

Property Tax Rates Across Hernando County, Florida

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Brooksville	0.44%	0.55%	0.79%	1.39%	1.67%
Dade City	0.45%	0.53%	0.74%	1.43%	1.71%
Hernando Beach	0.45%	0.60%	0.87%	1.31%	1.49%
Nobleton	0.56%	0.69%	1.40%	1.66%	1.91%
Ridge Manor	0.42%	0.49%	0.56%	0.81%	1.27%
Spring Hill	0.47%	0.58%	0.82%	1.41%	1.57%
Webster	0.41%	0.48%	0.65%	1.27%	1.50%
Weeki Wachee	0.40%	0.58%	0.86%	1.30%	1.52%

Source: Ownwell

Property Tax Assessment Values Across Hernando County, Florida

In Hernando County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Hernando County Appraisal District. The assessed value, however, 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 in Hernando County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Hernando Beach has the highest median tax bill at $4,117, while Nobleton has the lowest at $1,057. Being aware of these valuation processes in Hernando County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.

Property Tax Assessment Values Across Hernando County, Florida

Source: Ownwell

$87,679

$275,547

$463,414

Average Hernando County Assessed Value

$239,781

Average Florida Assessed Value

$276,648

Average United States Assessed Value

$244,900

Property Tax Assessment Values Across Hernando County, Florida

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Brooksville	$77,897	$113,087	$194,667	$300,844	$437,524
Dade City	$61,769	$101,777	$154,058	$232,380	$319,761
Hernando Beach	$279,603	$356,338	$463,414	$611,636	$800,264
Nobleton	$46,732	$61,311	$87,679	$132,720	$205,640
Ridge Manor	$159,884	$193,645	$235,998	$284,718	$344,017
Spring Hill	$150,950	$195,194	$247,123	$308,372	$384,017
Webster	$109,959	$165,286	$242,091	$317,628	$435,822
Weeki Wachee	$113,544	$193,548	$262,938	$359,888	$464,258

Source: Ownwell

Property Tax Bills Across Hernando County, Florida

In Hernando County, FL, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine your tax bill. The median home price in Hernando County is $239,781, with property tax bills ranging from the 25th percentile at $1,155 to the 90th percentile at $4,326. Comparatively, the national median property tax rate is 0.99%, making Hernando County's rates competitive. Factors influencing your tax bill include the property's assessed value, local tax rates, and any applicable exemptions. High property taxes can significantly impact homeowners, particularly in areas like Hernando Beach, where the highest median tax bill reaches $4,117. Ownwell can help homeowners in Hernando County save on their property tax bills by providing expert property tax appeal and exemption services. By ensuring your property is accurately assessed and identifying potential exemptions, Ownwell can reduce your tax burden, offering peace of mind and financial relief.

Property Tax Bills Across Hernando County, Florida

Source: Ownwell

$1,057

$2,587

$4,117

Average Hernando County Tax Bill

$1,941

Average Florida Tax Bill

$2,953

Average United States Tax Bill

$2,690

Property Tax Bills Across Hernando County, Florida

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Brooksville	$550	$870	$1,576	$2,597	$4,024
Dade City	$542	$813	$1,233	$1,916	$2,838
Hernando Beach	$1,750	$2,714	$4,117	$5,980	$8,399
Nobleton	$405	$618	$1,057	$1,566	$2,296
Ridge Manor	$790	$900	$1,601	$2,124	$2,953
Spring Hill	$971	$1,322	$2,111	$3,181	$4,262
Webster	$626	$961	$1,619	$2,617	$3,777
Weeki Wachee	$718	$1,244	$2,231	$3,408	$4,713

Source: Ownwell

Want to lower your Hernando County property taxes?

Looking to reduce your Hernando property taxes? Ownwell is the leading property tax protest company serving Hernando. We specialize in helping property owners in the Hernando area and beyond lower their taxes by working directly with the Hernando Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Hernando property tax protest process and identify all available property tax exemptions so you don’t have to. Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities for reducing your tax burden. By managing the protest process from beginning to end, we not only simplify the procedure but also increase your chances of obtaining a favorable result. Let Ownwell be your trusted partner in lowering your Hernando property tax expenses through our proven strategies and expert advocacy.

Property Tax Petitions in Florida

Navigating the property tax protest process in Hernando County can be a crucial step for homeowners seeking to reduce their tax burden. Homeowners who believe their property tax assessment is too high have the right to appeal. The process begins with a formal appeal to the Hernando County Property Appraiser’s Office. This involves submitting evidence that supports your claim that the assessed value of your property is inaccurate. Evidence can include recent sales data of comparable properties, an independent appraisal, or documentation of any issues that could affect the property's market value. Once the appeal is submitted, it is reviewed by the Value Adjustment Board (VAB), an independent body that listens to property tax disputes. The VAB conducts hearings where homeowners or their representatives can present their case. During these hearings, it’s essential to provide compelling evidence and articulate why the current assessment does not reflect the true market value of the property. The potential outcomes of an appeal can vary. If the VAB finds the evidence convincing, they may lower the assessed value, resulting in a reduced property tax bill. Conversely, if the board upholds the original assessment, the tax bill remains unchanged. Ownwell can significantly ease this process for homeowners. Our team of experts conducts a thorough analysis of your property’s assessed value, gathers necessary evidence, and represents you during the appeal hearing. By leveraging our expertise, homeowners can ensure a well-prepared and professional presentation to the VAB, increasing the likelihood of a favorable outcome. Let Ownwell handle the complexities of the appeal process, so you can focus on enjoying your home without the stress of an inflated property tax bill.

Exemptions in Florida

Hernando County offers several property tax exemption programs designed to ease the financial burden on homeowners. The most notable is the Homestead Exemption, which provides a significant reduction in the assessed value of a primary residence. To qualify, the homeowner must occupy the property as their permanent residence as of January 1st of the tax year and file an application with the county's property appraiser. In addition to the Homestead Exemption, there are other exemptions available. The Senior Citizen Exemption is for residents aged 65 and older with limited household income. Veterans may benefit from the Disabled Veterans Exemption, which offers reductions based on the degree of service-related disability. Furthermore, there is an exemption for widows, widowers, and individuals with disabilities, each providing specific relief tailored to their circumstances. Homeowners can apply for these exemptions by submitting the necessary forms and supporting documents to the Hernando County Property Appraiser's Office. The application process typically involves proving eligibility through documentation such as proof of age, income, or disability status. Ownwell can assist homeowners in navigating these exemption programs by providing expert guidance on eligibility requirements and the application process. By leveraging Ownwell's expertise, homeowners can ensure they take full advantage of the available tax relief options, ultimately reducing their property tax burden.

Available Exemptions