Anna Maria, Florida Property Taxes
The median property tax rate in Anna Maria, FL is 0.92%, slightly below the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $1,873,236 in Anna Maria, the typical annual property tax bill is $15,287, significantly higher than the national median of $2,690. Property taxes in Anna Maria are calculated based on the assessed value, which is often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Anna Maria's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Anna Maria or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Anna Maria, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$17,234
$15,992
$1,148
Average Tax Savings
Ownwell’s Anna Maria Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Anna Maria with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Anna Maria 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 Anna Maria. 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 Anna Maria, Florida
Property taxes in Anna Maria, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Anna Maria is 0.92%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Anna Maria set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anna Maria 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 Anna Maria's effective property tax rate to other counties in Florida and the national median. For comparison, the 34216 zip code has both the highest and lowest median property tax rate of 0.92%. Understanding how these areas compare with Anna Maria provides valuable insights into the varying tax landscape across Manatee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anna Maria Tax Rate
0.92%
Average Manatee County Tax Rate
0.92%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anna Maria, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34216 | 0.33% | 0.68% | 0.92% | 0.99% | 1.11% |
Source: Ownwell
$1,148
Average Anna Maria Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Anna Maria, Florida
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Anna Maria, FL. 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 Manatee 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 Anna Maria 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 Anna Maria helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in the area is $1,873,236, with tax bills ranging significantly, from $10,157 at the 25th percentile to $35,142 at the 90th percentile. The zip code 34216 has both the highest and lowest median tax bill at $15,287.
Property Tax Assessment Values Across Anna Maria, Florida
Source: Ownwell
$147,981
$1,010,609
$1,873,236
Average Anna Maria Assessed Value
$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 Anna Maria, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34216 | $1,128,055 | $1,463,038 | $1,873,236 | $2,608,341 | $3,694,643 |
Source: Ownwell
$1,148
Average Anna Maria Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Anna Maria, Florida
In Anna Maria, located in Manatee County, FL, property tax bills are calculated based on the assessed value of the property, which is determined by the local property appraiser. The tax rate is applied to this assessed value to determine the final tax bill. Factors such as property location, market trends, and any exemptions or abatements play a crucial role in this calculation. For example, with a median home price of $1,873,236, property taxes can be substantial, ranging from $10,157 at the 25th percentile to $35,142 at the 90th percentile. This can significantly impact homeowners, making it essential to ensure their property is fairly assessed. Ownwell can assist homeowners in Anna Maria by providing professional property tax appeal and exemption services. By analyzing the property's assessed value and comparing it to market data, Ownwell can identify discrepancies and file appeals on behalf of homeowners. This can lead to significant savings, ensuring homeowners are not overpaying on their property tax bills.
Average Anna Maria Tax Bill
$15,287
Average Manatee County Tax Bill
$2,985
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Anna Maria, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34216 | $5,401 | $10,157 | $15,287 | $23,006 | $35,142 |
Source: Ownwell
$1,148
Average Anna Maria 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 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Manatee Property Appraiser | |
| Website | www.manateepao.com |
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