Unincorporated, Florida Property Taxes
The median property tax rate in Unincorporated, FL is 0.71%, which is significantly lower than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $310,504 in Unincorporated, the typical annual property tax bill amounts to $3,367, surpassing the national median of $2,690. Property taxes in Unincorporated are determined based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Gaining a thorough understanding of Unincorporated's property tax system, exploring the available exemptions, and identifying opportunities for reductions can lead to substantial yearly savings. Whether you're residing in Unincorporated or another part of Hillsborough County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Unincorporated, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$2,205
$2,084
$1,148
Average Unincorporated, Florida Tax Savings
Ownwell’s UNINCORPORATED Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in UNINCORPORATED with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in UNINCORPORATED to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in UNINCORPORATED. 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 Hillsborough County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Unincorporated, Florida
Property taxes in UNINCORPORATED, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in UNINCORPORATED is 0.71%, which is lower than both the Florida state median and the U.S. national median of 0.99%. Local government entities within UNINCORPORATED set these rates annually, and they can vary significantly across different neighborhoods. Each year, UNINCORPORATED 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 UNINCORPORATED's effective property tax rate to other counties in Florida and the national median. For comparison, the highest median property tax rate in the region is found in ZIP code 33602, with a rate of 1.35%, while the lowest median tax rate is in ZIP code 33592, with a rate of 0.56%. Understanding how these areas compare with UNINCORPORATED provides valuable insights into the varying tax landscape across Hillsborough County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Unincorporated Tax Rate
0.71%
Average Hillsborough County Tax Rate
1.27%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Unincorporated, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|
Source: Ownwell
$1,148
Average Unincorporated Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Unincorporated, Florida
In UNINCORPORATED, 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 Hillsborough 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 UNINCORPORATED, 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. For instance, in neighborhoods with the highest tax bills, homeowners can expect to pay around $5,200, while areas with the lowest tax bills see amounts closer to $2,194. 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 UNINCORPORATED helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Unincorporated, Florida
Source: Ownwell
$101,538
$393,264
$684,990
Average Unincorporated Assessed Value
$310,504
Average Hillsborough County Assessed Value
$280,428
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Unincorporated, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|
Source: Ownwell
$1,148
Average Unincorporated Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Unincorporated, Florida
In Unincorporated Hillsborough 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. For example, with a median home price of $310,504, homeowners can expect varying tax bills. The 25th percentile tax bill is around $2,194, while the 75th percentile reaches $4,637, and the 90th percentile peaks at $5,200. These figures show how the tax burden can differ significantly based on property value and location within the county. Factors such as market value, property size, and any applicable exemptions play crucial roles in determining the final tax bill. Homeowners in this region often find themselves paying more than the national median property tax rate of 0.99%. Ownwell helps homeowners save on their property tax bills by providing expert property tax appeal and exemption services. By leveraging local knowledge and specialized expertise, Ownwell ensures that property assessments are fair and accurate, potentially lowering the tax burden for homeowners.
Average Unincorporated Tax Bill
$3,367
Average Hillsborough County Tax Bill
$3,523
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Unincorporated, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|
Source: Ownwell
$1,148
Average Unincorporated Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to petition!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | September 13 |
Tax Bill | |
Issued | November 1 |
Links | |
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Hillsborough Property Appraiser | |
Phone | (813) 272-6100 |
Website | gis.hcpafl.org |
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