Naples, Florida Property Taxes
The median property tax rate in Naples, FL is 1.17%, slightly higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Naples, the typical annual property tax bill reaches $20,047, far exceeding the national median of $2,690. Property taxes in Naples are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Naples' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Naples 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
Naples, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$23,241
$21,975
$1,148
Average Naples, Florida Tax Savings
Ownwell’s Naples Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Naples with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Naples 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 Naples. 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 Naples, Florida
Property taxes in Naples, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Naples is 1.17%, higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Naples set these rates annually, and they can vary significantly across different neighborhoods. Each year, Naples 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 Naples' effective property tax rate to other counties in Florida and the national median. For comparison, the 34110 zip code has the highest median property tax rate of 1.28%, while 34119 has the lowest median tax rate of 0.98%. Understanding how these cities compare with Naples 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 Naples Tax Rate
1.17%
Average Lee County Tax Rate
1.23%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Naples, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34110 | 0.92% | 1.10% | 1.28% | 1.45% | 1.54% |
| 34119 | 0.71% | 0.84% | 0.98% | 1.18% | 1.30% |
Source: Ownwell
$1,148
Average Naples Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Naples, Florida
In Naples, 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. 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 Naples helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Naples, the highest median tax bill is $23,016 in zip code 34119, while the lowest median tax bill is $16,124 in zip code 34110.
Average Naples Assessed Value
$1,986,446
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 Naples, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34110 | $581,228 | $628,966 | $1,175,334 | $2,457,167 | $2,994,946 |
| 34119 | $1,513,005 | $1,610,044 | $2,621,721 | $3,305,733 | $3,746,929 |
Source: Ownwell
$1,148
Average Naples Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Naples, Florida
In Naples, located in Lee County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The tax rate is applied to this assessed value, resulting in the annual tax bill. Factors such as property location, size, and market value play a crucial role in determining the assessed value. For instance, the median home price in Naples is $1,986,446, leading to substantial tax bills. Homeowners in the 25th percentile pay around $10,348, while those in the 75th percentile face bills up to $29,715. The highest median tax bill in the area is $23,016 in the 34119 zip code, whereas the lowest is $16,124 in the 34110 zip code. Ownwell can assist homeowners in Naples by identifying potential errors in the assessed value, filing appeals, and securing exemptions. By leveraging local expertise and data-driven insights, Ownwell helps reduce property tax bills, ensuring homeowners only pay their fair share.
Average Naples Tax Bill
$20,047
Average Lee County Tax Bill
$3,155
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Naples, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34110 | $7,750 | $9,028 | $16,124 | $27,071 | $34,369 |
| 34119 | $13,351 | $17,391 | $23,016 | $33,754 | $41,602 |
Source: Ownwell
$1,148
Average Naples 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 17 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Lee Property Appraiser | |
| Website | www.leepa.org |
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