Jackson County, Florida Property Taxes
The median property tax rate in Jackson County is 0.68%, 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 Jackson County at $75,077, the typical annual property tax bill is $487, well below the national median of $2,690. Property taxes in Jackson 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 Jackson 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 Marianna or another part of Jackson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jackson County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.68%
Estimate Property Tax Bill
$511
$474
Ownwell’s Jackson County Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Jackson County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Jackson County to provide an accurate estimate of your property tax bill. This tool offers valuable insights into potential tax liabilities. For more localized information, scroll down to explore trends at the city level. Your property’s assessed value is the valuation assigned by the county for tax calculations, and it accounts for any exemptions you may have.
Property Tax Rates Across Jackson County, Florida
Property taxes in Jackson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Jackson County is 0.68%, which is lower than the U.S. national median of 0.99%. Local government entities within Jackson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Jackson 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 Cypress has one of the higher property tax rates in Texas at 1.09%, while the city of Malone boasts one of the lowest at 0.67%. Analyzing how Jackson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Jackson County Tax Rate
0.68%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jackson County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alford | N/A | N/A | N/A | N/A | N/A |
| Bascom | N/A | N/A | N/A | N/A | N/A |
| Campbellton | N/A | N/A | N/A | N/A | N/A |
| Chipley | N/A | N/A | N/A | N/A | N/A |
| Cottondale | N/A | N/A | N/A | N/A | N/A |
| Cypress | 0.15% | 0.49% | 1.09% | 1.15% | 1.19% |
| Graceville | 0.22% | 0.46% | 0.76% | 1.40% | 1.53% |
| Grand Ridge | N/A | N/A | N/A | N/A | N/A |
| Greenwood | N/A | N/A | N/A | N/A | N/A |
| Malone | 0.14% | 0.42% | 0.67% | 1.22% | 1.27% |
| Marianna | 0.15% | 0.45% | 0.74% | 1.16% | 1.40% |
| Sneads | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Jackson County, Florida
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Jackson County, FL. 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 Jackson 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 Jackson 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, Chipley has the highest median tax bill at $1,438, while Cypress has the lowest at $374. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Jackson County Assessed Value
$75,077
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jackson County, Florida
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alford | N/A | N/A | N/A | N/A | N/A |
| Bascom | N/A | N/A | N/A | N/A | N/A |
| Campbellton | N/A | N/A | N/A | N/A | N/A |
| Chipley | N/A | N/A | N/A | N/A | N/A |
| Cottondale | N/A | N/A | N/A | N/A | N/A |
| Cypress | $18,536 | $33,051 | $58,548 | $78,372 | $137,740 |
| Graceville | $28,449 | $45,168 | $71,597 | $115,424 | $172,982 |
| Grand Ridge | N/A | N/A | N/A | N/A | N/A |
| Greenwood | N/A | N/A | N/A | N/A | N/A |
| Malone | $24,884 | $42,094 | $62,290 | $94,048 | $137,808 |
| Marianna | $28,056 | $47,450 | $86,827 | $151,147 | $225,749 |
| Sneads | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Jackson County, Florida
In Jackson County, FL, property tax bills are calculated based on the assessed value of your home, which is determined by the local property assessor. This assessed value is then multiplied by the county’s tax rate to generate the annual tax bill. Various factors influence the assessed value, including the home's market value, size, location, and condition. For homeowners in Jackson County, the median home price is $75,077. The tax bills can vary significantly, with the 25th percentile at $248 and the 75th percentile reaching $1,006. At the higher end, the 90th percentile tax bill is $1,695. Comparing these figures, the highest median tax bill in the county is in Chipley at $1,438, whereas Cypress has the lowest at $374. These property taxes fund essential public services such as schools, infrastructure, and emergency services. Homeowners need to be aware of these costs as they can impact overall affordability and long-term financial planning.
Average Jackson County Tax Bill
$487
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alford | N/A | N/A | N/A | N/A | N/A |
| Bascom | N/A | N/A | N/A | N/A | N/A |
| Campbellton | N/A | N/A | N/A | N/A | N/A |
| Chipley | N/A | N/A | N/A | N/A | N/A |
| Cottondale | N/A | N/A | N/A | N/A | N/A |
| Cypress | $50 | $224 | $374 | $652 | $871 |
| Graceville | $120 | $303 | $517 | $996 | $1,663 |
| Grand Ridge | N/A | N/A | N/A | N/A | N/A |
| Greenwood | N/A | N/A | N/A | N/A | N/A |
| Malone | $59 | $208 | $413 | $731 | $1,227 |
| Marianna | $65 | $287 | $602 | $1,228 | $1,988 |
| Sneads | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell