Levy County, Florida Property Taxes
Median Levy County effective property tax rate: 1.19%, slightly higher than the national median of 1.02%.
Median Levy County home value: $106,002
Median annual Levy County tax bill: $1,048, $1,352 lower than the national median property tax bill of $2,400.
How are property taxes in Levy County calculated?
Property taxes in Levy County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Bronson or another part of Levy County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Levy County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.19%
Estimate Property Tax Bill
$1,261
$1,171
Property Tax Rates Across Levy County, Florida
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide 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, in a nutshell, this is the annual process.
Below, you can compare Levy County's effective property tax rate to other counties in Florida or the U.S. median property tax rate. Levy County has a median property tax rate of 1.19%, higher than the national median of 1.02%. Cedar Key within Levy County has the highest median tax rate at 1.65%, while Dunnellon has the lowest at 0.94%. This range highlights the variability of tax rates within the county itself. Understanding these differences can help property owners make informed decisions about appealing their property taxes. By comparing these rates, property owners can identify potential savings and ensure they are not overpaying.
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 Levy County Tax Rate
1.19%
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 Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Levy County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Archer | 0.58% | 0.69% | 0.99% | 1.58% | 1.94% |
| Bronson | 0.62% | 0.75% | 1.12% | 1.72% | 2.36% |
| Cedar Key | 0.77% | 1.14% | 1.65% | 2.08% | 2.26% |
| Chiefland | 0.65% | 0.78% | 1.16% | 1.83% | 2.48% |
| Dunnellon | 0.55% | 0.68% | 0.94% | 1.47% | 1.69% |
| Fanning Springs | 0.53% | 0.68% | 1.19% | 1.87% | 2.29% |
| Inglis | 0.65% | 0.81% | 1.32% | 1.96% | 2.52% |
| Morriston | 0.56% | 0.70% | 1.04% | 1.55% | 1.96% |
| Newberry | 0.67% | 0.85% | 1.29% | 1.62% | 1.68% |
| Otter Creek | 0.76% | 0.82% | 1.13% | 1.92% | 2.23% |
| Trenton | 0.62% | 0.78% | 1.21% | 1.77% | 2.27% |
| Williston | 0.58% | 0.71% | 1.07% | 1.69% | 2.21% |
| Yankeetown | 0.65% | 0.85% | 1.55% | 1.82% | 2.18% |
Source: Ownwell
Property Tax Assessment Values Across Levy County, Florida
When examining property taxes in Levy County, 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 Levy 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.
Assessment notices:
In Levy 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 Levy County.
For example, the median tax bill in Levy County is $1,885, with tax bills ranging significantly across the county. Yankeetown has the highest median home price at $192,774.
Median Levy County Market Value
$106,002
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across Levy County, Florida
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Archer | $26,283 | $55,339 | $102,396 | $160,406 | $241,014 |
| Bronson | $22,616 | $46,878 | $89,246 | $138,330 | $192,440 |
| Cedar Key | $49,400 | $88,964 | $190,000 | $290,194 | $431,731 |
| Chiefland | $28,900 | $54,178 | $105,144 | $170,656 | $252,095 |
| Dunnellon | $84,420 | $115,699 | $168,575 | $237,355 | $311,898 |
| Fanning Springs | $20,671 | $44,081 | $79,210 | $130,248 | $175,414 |
| Inglis | $25,650 | $43,821 | $85,043 | $153,266 | $236,927 |
| Morriston | $31,350 | $62,066 | $114,707 | $196,846 | $292,137 |
| Newberry | $57,691 | $94,985 | $117,978 | $177,146 | $203,415 |
| Otter Creek | $15,305 | $26,028 | $34,189 | $95,608 | $149,934 |
| Trenton | $30,911 | $48,914 | $92,490 | $152,722 | $213,863 |
| Williston | $24,212 | $57,825 | $110,970 | $178,171 | $257,390 |
| Yankeetown | $46,155 | $102,111 | $192,774 | $300,138 | $445,858 |
Source: Ownwell
Property Tax Bills Across Levy County, Florida
Median Levy County Tax Bill
$1,048
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Levy County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Archer | $399 | $552 | $901 | $1,547 | $2,297 |
| Bronson | $399 | $546 | $863 | $1,413 | $2,133 |
| Cedar Key | $634 | $1,235 | $2,795 | $4,802 | $6,663 |
| Chiefland | $429 | $691 | $1,080 | $1,864 | $2,783 |
| Dunnellon | $623 | $898 | $1,589 | $2,383 | $3,442 |
| Fanning Springs | $270 | $469 | $802 | $1,240 | $1,843 |
| Inglis | $382 | $595 | $946 | $1,748 | $2,885 |
| Morriston | $399 | $661 | $1,049 | $1,858 | $2,848 |
| Newberry | $671 | $1,008 | $1,520 | $2,105 | $2,421 |
| Otter Creek | $270 | $270 | $488 | $762 | $1,440 |
| Trenton | $399 | $652 | $964 | $1,540 | $2,422 |
| Williston | $399 | $614 | $1,008 | $1,818 | $2,848 |
| Yankeetown | $662 | $1,179 | $2,112 | $3,950 | $5,686 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |