Westville, Holmes County, Florida Property Taxes

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

Median Westville, FL effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%. Median Westville, FL home value: $46,296. Median annual Westville, FL tax bill: $392, $2,008 lower than the national median property tax bill of $2,400.

How are property taxes in Holmes County calculated?

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

Last Updated March 1, 2025

Westville, Holmes County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.72%

Estimate Property Tax Bill

$333

$309

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

Property Tax Rates Across Westville, Holmes County, Florida

Local government entities set tax rates, which can vary widely within a state. This happens 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 Westville, Holmes County, Florida, the effective property tax rate is 0.72%, which is notably lower than the national median of 1.02%. This lower rate can make a significant difference in the annual property tax bill, offering potential savings compared to the national median bill of $2400. Florida's property tax rates can vary, but Westville's rate is among the lowest in the state. Such a favorable tax rate can be an attractive factor for homeowners in this region, providing an opportunity to reduce annual expenses. Whether you're considering a move to Westville or already own property there, understanding these tax dynamics can help you make informed financial decisions.

Property Tax Rates Across Westville, Holmes County, Florida

Source: Ownwell

0.72%

0.81%

0.90%

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 Westville Tax Rate

0.72%

Median Effective Holmes County Tax Rate

0.87%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Westville, Holmes County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32464	0.19%	0.44%	0.72%	1.50%	1.50%

Source: Ownwell

Property Tax Assessment Values Across Westville, Holmes County, Florida

When examining property taxes in Westville, 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 Holmes 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 Holmes 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 Westville.

For example, the median home price in Westville is $46,296, with tax bills ranging significantly across the county. Zip code 32464 has the highest median home price at $46,296.

Property Tax Assessment Values Across Westville, Holmes County, Florida

Source: Ownwell

$40,790

$51,441

$62,091

Median Westville Market Value

$46,296

Median Holmes County Market Value

$55,786

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Westville, Holmes County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32464	$18,576	$28,790	$46,296	$73,068	$111,484

Source: Ownwell

Property Tax Bills Across Westville, Holmes County, Florida

In Westville, located in Holmes County, FL, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The median home price in this region is $46,296, with property tax bills ranging from the 25th percentile at $174 to the 90th percentile at $1,057. The median tax bill in the area is $392, significantly lower than the national median property tax bill of $2,400. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the final tax bill. Homeowners in Westville may find their property tax rates to be more manageable compared to the national average. However, even with relatively lower tax bills, there is potential for savings. Ownwell assists homeowners by identifying potential errors in assessments and applying for exemptions, ensuring that they pay only what is necessary. This proactive approach can lead to significant savings on property tax bills, providing financial relief to homeowners.

Property Tax Bills Across Westville, Holmes County, Florida

Source: Ownwell

$338

$419

$499

Median Westville Tax Bill

$392

Median Holmes County Tax Bill

$469

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Westville, Holmes County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32464	$72	$174	$392	$638	$1,057

Source: Ownwell