Bradenton Beach, Florida Property Taxes
The median property tax rate in Bradenton Beach, FL is 1.17%, slightly higher than both the national median of 0.99% and Florida's state median of 1.14%. With the median home value in Bradenton Beach at $586,500, the typical annual property tax bill reaches $6,469, surpassing the national median of $2,690. Property taxes in Bradenton Beach are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bradenton Beach's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Bradenton Beach or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bradenton Beach, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$6,862
$6,368
$1,148
Average Tax Savings
Ownwell’s Bradenton Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bradenton Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bradenton Beach 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 Bradenton Beach. 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 Bradenton Beach, Florida
Property taxes in Bradenton Beach, Florida, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Bradenton Beach is 1.17%, significantly higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Bradenton Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bradenton Beach 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 Bradenton Beach's effective property tax rate to other counties in Florida and the national median. For comparison, the 34217 zip code has the highest median property tax rate of 1.17%, while the same zip code also has the lowest median tax rate of 1.17%. Understanding how these cities compare with Bradenton Beach 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 Bradenton Beach Tax Rate
1.17%
Average Manatee County Tax Rate
0.92%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bradenton Beach, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34217 | 0.72% | 0.97% | 1.17% | 1.37% | 1.44% |
Source: Ownwell
$1,148
Average Bradenton Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Bradenton Beach, Florida
In BRADENTON BEACH, 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 Manatee County Appraisal District 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. In BRADENTON BEACH, assessment notices 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. For instance, the zip code 34217 has both the highest and lowest median tax bill at $6,469. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Bradenton Beach, Florida
Source: Ownwell
$147,981
$1,010,609
$1,873,236
Average Bradenton Beach Assessed Value
$586,500
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 Bradenton Beach, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34217 | $250,750 | $415,438 | $586,500 | $960,500 | $1,518,814 |
Source: Ownwell
$1,148
Average Bradenton Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Bradenton Beach, Florida
In Bradenton Beach, Manatee County, FL, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate. For instance, the median home price in Bradenton Beach is $586,500. Factors like property size, location, and improvements can influence the assessed value. Homeowners in this region experience varying tax bills, with the 25th percentile at $4,174 and the 75th percentile reaching $9,832. The highest median tax bill in the area is $6,469. High property tax bills can significantly impact homeowners' finances. That's where Ownwell comes in. By utilizing expert knowledge in property tax laws and assessment procedures, Ownwell helps homeowners appeal their property tax assessments and identify potential exemptions. This can lead to substantial savings on annual tax bills, providing financial relief and ensuring homeowners only pay their fair share.
Average Bradenton Beach Tax Bill
$6,469
Average Manatee County Tax Bill
$2,985
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Bradenton Beach, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34217 | $2,846 | $4,174 | $6,469 | $9,832 | $14,483 |
Source: Ownwell
$1,148
Average Bradenton Beach 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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