Lorida, Highlands County, Florida Property Taxes

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

Median Lorida, FL effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Lorida, FL home value: $115,796
Median annual Lorida, FL tax bill: $1,085, $1,315 lower than the national median property tax bill of $2,400.

How are property taxes in Highlands calculated?

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

Last Updated March 1, 2025

Lorida, Highlands County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.37%

Estimate Property Tax Bill

$1,586

$1,472

Ownwell’s Lorida Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lorida with just two data points. By entering your property's estimated assessed value, our calculator applies Lorida’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 Highlands County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lorida, Highlands County, Florida

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Lorida, located in Highlands County, Florida, the effective property tax rate is a reflection of this process. Comparing Lorida’s rate to other cities in Florida and the national median provides valuable insight into how local tax burdens stack up. Florida's median property tax rate is higher than the national median, which stands at 1.02%. This comparison highlights the importance of understanding local tax rates, as they can significantly impact property owners. By being informed, property owners in Lorida can make better financial decisions and potentially seek out property tax appeal and exemption services to manage their obligations effectively.

Property Tax Rates Across Lorida, Highlands County, Florida

Source: Ownwell

0.87%

1.36%

1.85%

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 Lorida Tax Rate

1.37%

Median Effective Highlands County Tax Rate

1.01%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lorida, Highlands County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
33857	0.55%	0.74%	1.37%	1.60%	1.79%

Source: Ownwell

Property Tax Assessment Values Across Lorida, Highlands County, Florida

When examining property taxes in Lorida, 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 Highlands 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 Highlands County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Lorida.

For example, the median home price in Lorida is $115,796, with tax bills ranging significantly across the county. Zip code 33857 has the highest median home price at $115,796.

Property Tax Assessment Values Across Lorida, Highlands County, Florida

Source: Ownwell

$43,180

$114,837

$186,494

Median Lorida Market Value

$115,796

Median Highlands County Market Value

$142,723

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lorida, Highlands County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
33857	$30,140	$57,793	$115,796	$181,756	$248,702

Source: Ownwell

Property Tax Bills Across Lorida, Highlands County, Florida

In Lorida, located in Highlands County, FL, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined by the county property appraiser and typically reflects a percentage of the home's market value. Various factors such as location, property size, and improvements can influence this assessed value. The median home price in Lorida is $115,796, with property tax bills ranging from the 25th percentile at $598 to the 90th percentile at $2,988. This range indicates a significant variation in tax bills across different properties, influenced by the assessed value and applicable exemptions. With the national median property tax bill at $2,400, Lorida's tax bills can be more affordable for some homeowners. However, for those at the higher end, these taxes can be a burden. Ownwell assists homeowners by helping them appeal their property tax assessments and identify potential exemptions, which can lead to significant savings and reduce the financial burden of property taxes.

Property Tax Bills Across Lorida, Highlands County, Florida

Source: Ownwell

$674

$1,173

$1,672

Median Lorida Tax Bill

$1,085

Median Highlands County Tax Bill

$1,345

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Lorida, Highlands County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
33857	$376	$598	$1,085	$2,039	$2,988

Source: Ownwell