Avon Park, Highlands County, Florida Property Taxes
The median property tax rate in Avon Park, FL is 0.96%, slightly below the national median of 0.99% and significantly lower than the Florida state median of 1.14%. With a median home value of $122,220 in Avon Park, the typical annual property tax bill is around $1,044, which is well below the national median of $2,690. Property taxes in Avon Park are based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Gaining a thorough understanding of Avon Park's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you reside in the heart of Avon Park or another part of the city, comprehending the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Avon Park, Highlands County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$1,173
$1,089
Ownwell’s Avon Park Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Avon Park with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Avon Park to estimate your property tax bill. This valuable 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 Avon Park, Highlands County, Florida
Property taxes in Avon Park, Florida, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Avon Park is 0.96%, which is slightly below the U.S. national median of 0.99%. Local government entities within Avon Park set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avon Park 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 Avon Park's effective property tax rate to other counties in Florida and the national median. For comparison, the 33825 zip code has the highest median property tax rate of 0.96%, while the same zip code also has the lowest median tax rate of 0.96%. Understanding how these cities compare with Avon Park provides valuable insights into the varying tax landscape across Highlands County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Avon Park Tax Rate
0.96%
Average Highlands County Tax Rate
1.01%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Avon Park, Highlands County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33825 | 0.46% | 0.59% | 0.96% | 1.59% | 1.94% |
Source: Ownwell
Property Tax Assessment Values Across Avon Park, Highlands County, Florida
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Avon Park, Florida. 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 Highlands County Property Appraiser 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. In Avon Park, 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. The median home price in Avon Park is $122,220, with tax bills ranging from $664 at the 25th percentile to $2,548 at the 90th percentile. The highest and lowest median tax bills are both $1,044 in the zip code 33825. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Avon Park, Highlands County, Florida
Source: Ownwell
$43,180
$114,837
$186,494
Average Avon Park Assessed Value
$122,220
Average Highlands County Assessed Value
$142,723
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Avon Park, Highlands County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33825 | $41,519 | $73,990 | $122,220 | $172,298 | $238,318 |
Source: Ownwell
Property Tax Bills Across Avon Park, Highlands County, Florida
In Avon Park, located in Highlands County, FL, property tax bills are calculated based on the assessed value of a home and the applicable tax rate. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. Various factors such as property size, location, and improvements can influence this assessed value. Once the assessed value is established, the tax rate is applied to calculate the annual property tax bill. For homeowners in Avon Park, the tax bills can vary significantly. For instance, the median home price is $122,220, and tax bills range widely, with the 25th percentile at $664 and the 75th percentile at $1,764. The 90th percentile tax bill reaches up to $2,548. These property taxes play a crucial role in funding local services such as schools, public safety, and infrastructure. Understanding how these factors interplay helps homeowners anticipate their financial obligations and plan accordingly.
Average Avon Park Tax Bill
$1,044
Average Highlands County Tax Bill
$1,345
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Avon Park, Highlands County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33825 | $394 | $664 | $1,044 | $1,764 | $2,548 |
Source: Ownwell