Archer, Florida Property Taxes
The median property tax rate in Archer, Florida is 0.99%, aligning perfectly with the national median of 0.99% but notably lower than the Florida state median of 1.14%. With the median home value in Archer at $102,396, the typical annual property tax bill is approximately $901, significantly below the national median of $2,690. Property taxes in Archer are calculated based on the tax assessed value, which is often less than the market value due to various exemptions, such as primary residence and agricultural exemptions. Navigating Archer's property tax system, exploring available exemptions, and finding opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Archer or another part of the city, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Archer, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$1,014
$941
Ownwell’s Archer Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Archer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Archer to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Archer, Florida
Property taxes in Archer, Florida, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Archer is 0.83%, lower than both the Florida state median of 0.86% and the U.S. national median of 0.99%. Local government entities within Archer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Archer 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 Archer's effective property tax rate to other counties in Florida and the national median. For comparison, the highest median property tax rate in the region is 1.23% in zip code 32618, while the lowest median tax rate is 0.57% in zip code 32618. Understanding how these cities compare with Archer provides valuable insights into the varying tax landscape across Levy County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Archer Tax Rate
0.99%
Average Levy County Tax Rate
1.19%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Archer, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32618 | 0.58% | 0.69% | 0.99% | 1.58% | 1.94% |
Source: Ownwell
Property Tax Assessment Values Across Archer, Florida
In Archer, 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 Levy 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 in Archer 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 Archer is $102,396, with tax bills ranging from $552 at the 25th percentile to $2,297 at the 90th percentile. The zip code 32618 has both the highest and lowest median tax bill at $901. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Archer Assessed Value
$102,396
Average Levy County Assessed Value
$106,002
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Archer, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32618 | $26,283 | $55,339 | $102,396 | $160,406 | $241,014 |
Source: Ownwell
Property Tax Bills Across Archer, Florida
In Archer, located in Levy County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Archer, the median home price is $102,396. The property tax rate in Levy County is relatively moderate compared to the national median property tax rate of 0.99%. Homeowners in Archer can expect their annual tax bills to vary significantly. For instance, the 25th percentile tax bill is around $552, while the 75th percentile tax bill reaches $1,547. At the higher end, the 90th percentile tax bill can be as much as $2,297. These tax bills can impact homeowners differently, depending on their property's assessed value and the specific tax rate applied. A higher assessed value or tax rate will result in a higher tax bill, affecting the overall cost of homeownership in Archer.
Average Archer Tax Bill
$901
Average Levy County Tax Bill
$1,048
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Archer, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32618 | $399 | $552 | $901 | $1,547 | $2,297 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
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