Parrish, Florida Property Taxes
The median property tax rate in Parrish, FL is 0.77%, considerably lower than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Parrish, the typical annual property tax bill reaches $3,303, exceeding the national median of $2,690. Property taxes in Parrish are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Parrish'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 Parrish 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
Parrish, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$3,171
$2,942
$1,148
Average Tax Savings
Ownwell’s Parrish Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Parrish with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Parrish 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 Parrish. 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 Parrish, Florida
Property taxes in Parrish, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Parrish is 0.77%, which is lower than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Parrish set these rates annually, and they can vary significantly across different neighborhoods. Each year, Parrish 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 Parrish's effective property tax rate to other counties in Florida and the national median. For comparison, the 34219 zip code has the highest median property tax rate of 0.77%, while the same 34219 zip code also has the lowest median tax rate of 0.77%. Understanding how these cities compare with Parrish 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 Parrish Tax Rate
0.77%
Average Manatee County Tax Rate
0.92%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Parrish, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34219 | 0.26% | 0.53% | 0.77% | 1.04% | 1.33% |
Source: Ownwell
$1,148
Average Parrish Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Parrish, Florida
In Parrish, 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. 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 Parrish helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 34219, with a median tax bill of $3,303.
Average Parrish Assessed Value
$411,792
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 Parrish, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34219 | $270,588 | $333,276 | $411,792 | $519,314 | $643,257 |
Source: Ownwell
$1,148
Average Parrish Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Parrish, Florida
Property tax bills in Parrish, located in Manatee County, FL, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the market value of the property. For instance, with a median home price of $411,792, the tax bill can vary significantly. Homeowners in the 25th percentile might pay around $2,233, while those in the 75th percentile could see bills as high as $4,562. The 90th percentile tax bill reaches up to $5,762. Notably, the highest median tax bill in the area is $3,303, found in the 34219 zip code, which is considerably lower than the national median property tax rate of 0.99%. Ownwell assists homeowners in reducing their property tax bills by providing expert appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners are not overpaying. This can lead to substantial savings, making homeownership more affordable and less stressful.
Average Parrish Tax Bill
$3,303
Average Manatee County Tax Bill
$2,985
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Parrish, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34219 | $880 | $2,233 | $3,303 | $4,562 | $5,762 |
Source: Ownwell
$1,148
Average Parrish 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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