Manatee County Property Taxes
The median property tax rate in Manatee County is 0.92%, which is lower than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $360,505, the typical annual property tax bill in Manatee County is $2,985, slightly above the national median of $2,690. Property taxes in Manatee County are determined based on the tax assessed value, which is often less than the actual market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding the specific property tax system in Manatee County, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in Bradenton or another part of Manatee County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Manatee County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$3,317
$3,078
$1,148
Average Tax Savings
Ownwell’s Manatee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Manatee with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Manatee to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also highlights how Ownwell can help lower property taxes in Manatee. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property's assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Manatee County, Florida
Property taxes in Manatee County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Manatee County is 0.92%, which is lower than the U.S. national median of 0.99%. Local government entities within Manatee County set these rates annually, and they can vary significantly between different areas within the county. Each year, Manatee County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Manatee County's effective property tax rate with other areas in Florida and the national median. For comparison, the city of Bradenton Beach has one of the higher property tax rates in Florida at 1.17%, while the city of Wimauma boasts one of the lowest at 0.45%. Analyzing how Manatee County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Manatee County Tax Rate
0.92%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manatee County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anna Maria | 0.33% | 0.68% | 0.92% | 0.99% | 1.11% |
Bradenton | 0.39% | 0.58% | 0.95% | 1.26% | 1.47% |
Bradenton Beach | 0.72% | 0.97% | 1.17% | 1.37% | 1.44% |
Cortez | 0.58% | 0.75% | 1.02% | 1.18% | 1.42% |
Duette | 0.25% | 0.35% | 0.58% | 0.81% | 0.97% |
Ellenton | 0.42% | 0.53% | 0.74% | 0.98% | 1.26% |
Holmes Beach | 0.51% | 0.83% | 1.06% | 1.19% | 1.37% |
Lakewood Ranch | 0.73% | 0.87% | 1.06% | 1.19% | 1.33% |
Longboat Key | 0.60% | 0.88% | 1.10% | 1.24% | 1.40% |
Myakka City | 0.30% | 0.42% | 0.55% | 0.76% | 0.93% |
Palmetto | 0.35% | 0.50% | 0.82% | 1.20% | 1.49% |
Parrish | 0.26% | 0.53% | 0.77% | 1.04% | 1.33% |
Sarasota | 0.43% | 0.59% | 0.83% | 1.19% | 1.28% |
Terra Ceia | 0.37% | 0.49% | 0.65% | 1.03% | 1.22% |
University Park | 0.91% | 0.98% | 1.04% | 1.32% | 1.44% |
Wimauma | 0.31% | 0.36% | 0.45% | 0.69% | 0.88% |
Source: Ownwell
$1,148
Average Manatee County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Manatee County, Florida
In Manatee County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Manatee County Appraisal District. The assessed value, however, 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 Manatee County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Manatee County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Anna Maria has the highest median tax bill at $15,287, while Duette has the lowest at $1,512.
Property Tax Assessment Values Across Manatee County, Florida
Source: Ownwell
$147,981
$1,010,609
$1,873,236
Average Manatee County Assessed Value
$360,505
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Manatee County, Florida
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anna Maria | $1,128,055 | $1,463,038 | $1,873,236 | $2,608,341 | $3,694,643 |
Bradenton | $107,026 | $200,836 | $321,603 | $483,029 | $691,464 |
Bradenton Beach | $250,750 | $415,438 | $586,500 | $960,500 | $1,518,814 |
Cortez | $90,420 | $216,099 | $471,736 | $790,500 | $1,251,219 |
Duette | $143,054 | $204,951 | $302,225 | $421,404 | $600,527 |
Ellenton | $75,355 | $120,901 | $289,029 | $412,144 | $537,653 |
Holmes Beach | $484,500 | $609,025 | $1,011,500 | $1,426,700 | $2,133,219 |
Lakewood Ranch | $293,250 | $410,956 | $570,855 | $801,468 | $1,288,900 |
Longboat Key | $437,750 | $527,000 | $697,000 | $1,032,213 | $1,939,497 |
Myakka City | $215,166 | $332,422 | $478,933 | $645,508 | $825,095 |
Palmetto | $88,275 | $192,305 | $300,121 | $395,250 | $514,250 |
Parrish | $270,588 | $333,276 | $411,792 | $519,314 | $643,257 |
Sarasota | $216,750 | $300,846 | $378,526 | $459,580 | $566,006 |
Terra Ceia | $234,685 | $366,978 | $661,988 | $913,816 | $1,158,102 |
University Park | $378,250 | $503,056 | $678,217 | $928,072 | $1,135,294 |
Wimauma | $269,949 | $350,262 | $419,142 | $509,772 | $640,082 |
Source: Ownwell
$1,148
Average Manatee County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Manatee County, Florida
In Manatee County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county's property appraiser. This assessed value is then multiplied by the local tax rate to generate the annual tax bill. For instance, with a median home price of $360,505, homeowners can expect a tax bill that varies significantly across different percentiles. The 25th percentile tax bill is around $1,639, while the 75th percentile reaches $4,963, and the 90th percentile goes up to $7,728. In comparison, the national median property tax rate is 0.99%. Factors such as property location, size, and improvements can influence the assessed value, thereby affecting the tax bill. In Manatee County, the highest median tax bill is in Anna Maria at $15,287, while the lowest is in Duette at $1,512. Ownwell helps homeowners by providing property tax appeal and exemption services, identifying potential savings, and ensuring that homeowners are not overpaying on their property taxes. This expert assistance can lead to significant reductions in annual tax bills.
Average Manatee County Tax Bill
$2,985
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Manatee County, Florida
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anna Maria | $5,401 | $10,157 | $15,287 | $23,006 | $35,142 |
Bradenton | $766 | $1,492 | $2,716 | $4,503 | $6,748 |
Bradenton Beach | $2,846 | $4,174 | $6,469 | $9,832 | $14,483 |
Cortez | $899 | $1,685 | $4,830 | $7,311 | $10,450 |
Duette | $607 | $1,056 | $1,512 | $2,532 | $4,013 |
Ellenton | $580 | $912 | $1,802 | $3,149 | $4,085 |
Holmes Beach | $4,545 | $6,071 | $9,051 | $13,874 | $20,874 |
Lakewood Ranch | $2,781 | $3,945 | $5,800 | $8,774 | $13,225 |
Longboat Key | $3,909 | $5,434 | $7,509 | $10,622 | $17,864 |
Myakka City | $887 | $1,535 | $2,602 | $4,001 | $5,649 |
Palmetto | $654 | $1,133 | $2,165 | $3,586 | $5,287 |
Parrish | $880 | $2,233 | $3,303 | $4,562 | $5,762 |
Sarasota | $1,244 | $2,043 | $3,053 | $4,261 | $5,597 |
Terra Ceia | $1,396 | $2,287 | $4,075 | $6,696 | $9,926 |
University Park | $4,263 | $5,423 | $7,510 | $10,202 | $12,920 |
Wimauma | $956 | $1,354 | $1,957 | $3,134 | $4,150 |
Source: Ownwell
$1,148
Average Manatee County Tax Savings
Save on your property taxes & more with Ownwell.
Want to lower your Manatee County property taxes?
Looking to reduce your Manatee County property taxes? Ownwell is the leading property tax protest company serving Manatee County. We specialize in helping property owners in the Bradenton area and beyond lower their taxes by working directly with the Manatee County Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Manatee County property tax protest process and identify all available property tax exemptions so you don’t have to. Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities for reducing your tax burden. By managing the protest process from beginning to end, we not only simplify the procedure but also increase your chances of obtaining a favorable result. Let Ownwell be your trusted partner in lowering your Manatee County property tax expenses through our proven strategies and expert advocacy.
Property Tax Petitions in Florida
Navigating the property tax protest process in Manatee County, FL, can be a complex experience for homeowners. The first step involves receiving your Notice of Proposed Property Taxes, which outlines the assessed value of your property and the corresponding tax amount. If you believe the assessed value is inaccurate, you have the right to appeal. To initiate an appeal, homeowners must file a petition with the Value Adjustment Board (VAB) within a specified timeframe, typically 25 days from the notice date. The petition should include evidence supporting your claim that the assessed value is too high. This evidence can range from recent sales data of comparable properties to independent appraisals and photographs showcasing property defects. Once the petition is filed, a hearing is scheduled where you can present your case before the VAB. During this hearing, both the homeowner and a representative from the property appraiser's office will present their arguments. The VAB then reviews the evidence and makes a determination. Possible outcomes include a reduction in the assessed value, which lowers your property tax bill, or a decision to uphold the original assessment. Ownwell can simplify this process for homeowners by providing expert guidance and representation. Our team of property tax consultants will gather the necessary evidence, file the petition on your behalf, and represent you during the VAB hearing. This not only increases the likelihood of a successful appeal but also saves you time and effort. With Ownwell's assistance, you can ensure that your property is fairly assessed, potentially leading to significant tax savings.
Exemptions in Florida
Manatee County offers several property tax exemption programs designed to provide financial relief to eligible homeowners. One of the most significant exemptions is the Homestead Exemption, which is available to homeowners who use their property as their primary residence. This exemption can reduce the assessed value of the home, thereby lowering the property tax bill. To qualify, homeowners must occupy the residence as of January 1st of the tax year and file an application with the county property appraiser's office by March 1st. In addition to the Homestead Exemption, there are other exemptions available, including those for seniors, veterans, and individuals with disabilities. The Senior Exemption is available to homeowners aged 65 and older who meet specific income requirements. Veterans who are disabled due to service-related injuries may qualify for a Disabled Veterans Exemption, which offers substantial tax relief. There is also an exemption for surviving spouses of veterans and first responders who died in the line of duty. Applying for these exemptions can be a complex process, but Ownwell can simplify it for homeowners. Our experts assist in identifying eligibility, gathering necessary documentation, and submitting applications on time. By leveraging Ownwell's expertise, homeowners can maximize their property tax savings and ensure they receive all the benefits they are entitled to.
Available Exemptions
Senior
Disabled
Home Stead
Veteran
Solar/Wind
Non-Profit
Don't miss the deadline to petition!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | September 13 |
Tax Bill | |
Issued | November 1 |
Links | |
---|---|
Manatee Property Appraiser | |
Website | www.manateepao.com |
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