Deland, Florida Property Taxes
The median property tax rate in DeLand, FL is 1.04%, slightly higher than the national median of 0.99% but lower than the Florida state median of 1.14%. With the median home value in DeLand, the typical annual property tax bill reaches $947, which is below the national median of $2,690. Property taxes in DeLand are calculated based on the tax assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural land. Understanding DeLand's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of DeLand or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Deland, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$951
$899
$1,148
Average Deland, Florida Tax Savings
Ownwell’s DeLand Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in DeLand with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DeLand 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 DeLand. 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 Deland, Florida
Property taxes in Deland, Florida, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Deland is 0.92%, slightly lower than both the Florida state median of 0.97% and the U.S. national median of 0.99%. Local government entities within Deland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Deland 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 Deland's effective property tax rate to other counties in Florida and the national median. For comparison, the 32720 zip code has the highest median property tax rate of 0.92%, while the same zip code also has the lowest median tax rate of 0.92%. Understanding how these cities compare with Deland provides valuable insights into the varying tax landscape across Volusia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Deland Tax Rate
1.04%
Average Lake County Tax Rate
0.95%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Deland, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32720 | 0.60% | 0.79% | 1.04% | 1.58% | 2.21% |
Source: Ownwell
$1,148
Average Deland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Deland, Florida
In DeLand, 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 Lake 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 DeLand, 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 DeLand is $91,442, with tax bills ranging from $689 at the 25th percentile to $2,458 at the 90th percentile. The zip code with the highest median tax bill is 32720, with a median tax bill of $947. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Deland Assessed Value
$91,442
Average Lake County Assessed Value
$277,646
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Deland, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32720 | $36,036 | $50,624 | $91,442 | $167,010 | $289,047 |
Source: Ownwell
$1,148
Average Deland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Deland, Florida
Property tax bills in DeLand, Lake County, FL, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Factors such as property size, location, and improvements can influence this value. The local tax rate is applied to the assessed value to determine the annual tax bill. In DeLand, homeowners can expect tax bills to vary significantly. The 25th percentile tax bill is around $689, while the 75th percentile reaches $1,443. The highest median tax bill in the area is $947, found in the 32720 zip code. These figures highlight the range of property tax burdens homeowners may face, potentially impacting their financial planning. Ownwell can assist homeowners in DeLand by providing property tax appeal and exemption services, ensuring their tax assessments are fair and accurate. By leveraging expert knowledge and local data, Ownwell helps homeowners save on their property tax bills, making homeownership more affordable.
Average Deland Tax Bill
$947
Average Lake County Tax Bill
$2,362
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Deland, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32720 | $460 | $689 | $947 | $1,443 | $2,458 |
Source: Ownwell
$1,148
Average Deland 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 16 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Lake Property Appraiser | |
| Website | www.lakecopropappr.com |
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