The Villages, Lake County, Florida Property Taxes
Median THE VILLAGES, FL effective property tax rate: 1.50%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median THE VILLAGES, FL home value: $420,241
Median annual THE VILLAGES, FL tax bill: $6,658, $4,258 higher than the national median property tax bill of $2,400.
How are property taxes in Lake County calculated?
Property taxes in THE VILLAGES, 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 THE VILLAGES’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in THE VILLAGES, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
The Villages, Lake County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.5%
Estimate Property Tax Bill
$6,304
$5,850
$1,102
Average Tax Savings
Ownwell’s The Villages Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in The Villages with just two data points.
By entering your property's estimated assessed value, our calculator applies The Villages’ 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 more 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 Lake County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across The Villages, Lake County, Florida
Local government entities in Florida, like those in other states, set property tax rates, which can vary significantly within the state. Each county estimates its required budget to provide essential 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, this is the annual process in a nutshell.
In The Villages, located in Lake County, the effective property tax rate is a key factor for homeowners to consider. The median tax rate in Florida stands at 1.50%, which is higher than the national median of 1.02%. Within Lake County, the highest median tax rate is 1.51% in the 32163 ZIP code, while the lowest is 1.27% in the 34762 ZIP code. Comparing these figures with the national median property tax bill of $2400 provides a clearer perspective on how The Villages fits into the broader tax landscape.
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 The Villages Tax Rate
1.50%
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 Lake County Tax Rate
0.95%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across The Villages, Lake County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32163 | 1.10% | 1.31% | 1.51% | 1.69% | 1.98% |
| 34762 | 0.75% | 0.89% | 1.27% | 1.99% | 2.50% |
Source: Ownwell
$1,102
Average The Villages Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across The Villages, Lake County, Florida
When examining property taxes in The Villages, 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 Lake 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 Lake 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 The Villages.
For example, the median home price in The Villages is $420,241, with tax bills ranging significantly across the county. Zip code 32163 has the highest median home price at $431,478.
Property Tax Assessment Values Across The Villages, Lake County, Florida
Source: Ownwell
$70,747
$809,779
$1,548,810
Median The Villages Market Value
$420,241
Median Lake County Market Value
$277,646
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across The Villages, Lake County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32163 | $335,271 | $361,107 | $431,478 | $554,952 | $809,716 |
| 34762 | $34,799 | $57,300 | $111,380 | $337,078 | $377,884 |
Source: Ownwell
$1,102
Average The Villages Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across The Villages, Lake County, Florida
Median The Villages Tax Bill
$6,658
Median Lake County Tax Bill
$2,362
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across The Villages, Lake County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32163 | $4,634 | $5,667 | $6,824 | $8,577 | $11,160 |
| 34762 | $457 | $634 | $809 | $1,133 | $1,623 |
Source: Ownwell
$1,102
Average The Villages 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 1 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Lake Property Appraiser | |
| Website | www.lakecopropappr.com |
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