Matlacha, Florida Property Taxes
The median property tax rate in Matlacha, FL is 1.28%, notably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Matlacha at $453,098, the typical annual property tax bill reaches $5,090, surpassing the national median of $2,690. Property taxes in Matlacha are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Matlacha'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 Matlacha or another part of Lee County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Matlacha, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$5,800
$5,382
$1,148
Average Tax Savings
Ownwell’s Matlacha Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Matlacha with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Matlacha 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 Matlacha. 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 Matlacha, Florida
Property taxes in Matlacha, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Matlacha is 1.28%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Matlacha set these rates annually, and they can vary significantly across different neighborhoods. Each year, Matlacha 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 Matlacha's effective property tax rate to other areas in Lee County and the national median. For comparison, the 33993 zip code has the highest median property tax rate of 1.28%, while the same zip code also has the lowest median tax rate of 1.28%. Understanding how these areas compare with Matlacha provides valuable insights into the varying tax landscape across Lee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Matlacha Tax Rate
1.28%
Average Lee County Tax Rate
1.23%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Matlacha, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33993 | 0.63% | 0.83% | 1.28% | 1.38% | 1.52% |
Source: Ownwell
$1,148
Average Matlacha Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Matlacha, Florida
In Matlacha, 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 Lee 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 Matlacha, 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. Being aware of these valuation processes in Matlacha helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in Matlacha is $5,090 in the 33993 zip code.
Average Matlacha Assessed Value
$453,098
Average Lee County Assessed Value
$269,922
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Matlacha, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33993 | $273,566 | $349,671 | $453,098 | $633,754 | $849,338 |
Source: Ownwell
$1,148
Average Matlacha Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Matlacha, Florida
In Matlacha, located in Lee County, FL, property tax bills are calculated based on the assessed value of the property. This assessed value is determined by the county assessor and reflects the market value of the home. The local tax rate is then applied to this assessed value to determine the tax bill. For instance, with a median home price of $453,098, homeowners can expect varying tax bills. The 25th percentile tax bill is $3,477, while the 75th percentile reaches $6,928, and the 90th percentile can be as high as $9,500. These figures are influenced by factors such as property location, improvements, and exemptions. Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value, Ownwell identifies discrepancies and files appeals to ensure you are not overpaying. This can lead to significant savings, reducing the financial burden on homeowners and ensuring fair taxation. Trust Ownwell to help you navigate the complexities of property taxes and secure the best possible outcome.
Average Matlacha Tax Bill
$5,090
Average Lee County Tax Bill
$3,155
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Matlacha, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33993 | $2,480 | $3,477 | $5,090 | $6,928 | $9,500 |
Source: Ownwell
$1,148
Average Matlacha 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 | |
|---|---|
| Lee Property Appraiser | |
| Website | www.leepa.org |
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