Chiefland, Levy County, Florida Property Taxes
Median Chiefland, FL effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Chiefland, FL home value: $105,144
Median annual Chiefland, FL tax bill: $1,080, $1,320 lower than the national median property tax bill of $2,400.
How are property taxes in Levy County calculated?
Property taxes in Chiefland, 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 Chiefland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chiefland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Chiefland, Levy County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.16%
Estimate Property Tax Bill
$1,220
$1,132
Property Tax Rates Across Chiefland, Levy County, Florida
Local government entities set tax rates, which can vary widely within a state. 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.
Chiefland in Levy County, Florida, offers an interesting perspective on property tax rates. Chiefland’s effective property tax rate is 1.16%, which is slightly above the national median of 1.02%. This indicates that residents in Chiefland pay a bit more in property taxes compared to the national average. However, when compared to other cities in Florida, Chiefland aligns closely with the state’s median rate, reflecting a consistent approach to property taxation within the area.
Understanding these rates is crucial for homeowners looking to manage their property tax expenses effectively. By comparing Chiefland’s property tax rates with both state and national figures, residents can gain valuable insights into their tax obligations and make informed decisions about property investments and appeals.
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 Chiefland Tax Rate
1.16%
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%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chiefland, Levy County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32626 | 0.65% | 0.78% | 1.16% | 1.83% | 2.48% |
Source: Ownwell
Property Tax Assessment Values Across Chiefland, Levy County, Florida
When examining property taxes in Chiefland, Florida, 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.
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 Chiefland. For example, the median home price in Chiefland is $105,144, with tax bills ranging significantly across the county. Zip code 32626 has the highest median home price at $105,144.
Property Tax Assessment Values Across Chiefland, Levy County, Florida
Source: Ownwell
$34,189
$113,482
$192,774
Median Chiefland Market Value
$105,144
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 Chiefland, Levy County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32626 | $28,900 | $54,178 | $105,144 | $170,656 | $252,095 |
Source: Ownwell
Property Tax Bills Across Chiefland, Levy County, Florida
In Chiefland, located in Levy County, Florida, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value is typically a percentage of the market value, and the tax rate is set by local governing bodies. In Chiefland, the median property tax bill is $1,080, which is below the national median of $2,400. Factors that influence the tax bill include the property's assessed value, any applicable exemptions, and the local tax rate. For homeowners, a lower tax bill can mean significant savings, especially when compared to the national median property tax rate of 1.02%.
Ownwell can help Chiefland homeowners reduce their property tax bills through expert property tax appeal services. By analyzing the property's assessed value and comparing it with market trends, Ownwell identifies potential discrepancies and works to correct them. This process can lead to a reduction in the assessed value, thereby lowering the tax bill. Homeowners can potentially save hundreds of dollars annually, making property ownership more affordable and manageable.
Median Chiefland Tax Bill
$1,080
Median Levy County Tax Bill
$1,048
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Chiefland, Levy County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32626 | $429 | $691 | $1,080 | $1,864 | $2,783 |
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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