Duette, Florida Property Taxes
The median property tax rate in Duette, FL is 0.58%, significantly lower than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Duette, the typical annual property tax bill amounts to $1,512, well below the national median of $2,690. Property taxes in Duette are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Duette’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 Duette 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
Duette, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.58%
Estimate Property Tax Bill
$1,753
$1,657
$1,148
Average Duette, Florida Tax Savings
Ownwell’s Duette Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Duette with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Duette 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 Duette. 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 Duette, Florida
Property taxes in Duette, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Duette is 0.58%, lower than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Duette set these rates annually, and they can vary significantly across different neighborhoods. Each year, Duette 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. Understanding how Duette's effective property tax rate compares with other areas in Manatee County and the national median provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Duette Tax Rate
0.58%
Average Manatee County Tax Rate
0.92%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Duette, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34219 | 0.25% | 0.35% | 0.58% | 0.81% | 0.97% |
Source: Ownwell
$1,148
Average Duette Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Duette, Florida
In Duette, 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 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. In Duette, 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. Being aware of these valuation processes in Duette helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Duette is $1,512 in the 34219 zip code, while the lowest median tax bill is also $1,512 in the same zip code.
Average Duette Assessed Value
$302,225
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 Duette, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34219 | $143,054 | $204,951 | $302,225 | $421,404 | $600,527 |
Source: Ownwell
$1,148
Average Duette Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Duette, Florida
In Duette, Manatee County, FL, property tax bills are calculated based on the assessed value of your home, which is determined by the local property appraiser. This assessed value is then multiplied by the local tax rate, which can vary depending on local government budgets and voter-approved measures. For instance, with a median home price of $302,225, property tax bills can range significantly. The 25th percentile tax bill is around $1,056, while the 75th percentile can reach up to $2,532, and the 90th percentile can be as high as $4,013. These taxes can be a substantial annual expense for homeowners, impacting their overall financial planning. This is where Ownwell can make a difference. By leveraging expert knowledge and local insights, Ownwell helps homeowners appeal their property assessments and secure exemptions, potentially lowering their tax bills. This service can lead to significant savings, making homeownership more affordable in Duette.
Average Duette Tax Bill
$1,512
Average Manatee County Tax Bill
$2,985
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Duette, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34219 | $607 | $1,056 | $1,512 | $2,532 | $4,013 |
Source: Ownwell
$1,148
Average Duette 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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