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Sarasota, Manatee County, Florida Property Taxes

  • Median SARASOTA, FL effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.

  • Median SARASOTA, FL home value: $378,526

  • Median annual SARASOTA, FL tax bill: $3,053, $653 higher than the national median property tax bill of $2,400.

How are property taxes in Manatee calculated?

Property taxes in SARASOTA, FL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding SARASOTA’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SARASOTA, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sarasota, Manatee County, Florida Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.83%

Estimate Property Tax Bill

$3,142

$2,915

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Sarasota Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sarasota with just two data points.

By entering your property's estimated assessed value, our calculator applies Sarasota’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Manatee County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sarasota, Manatee County, Florida

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Sarasota’s effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S. Sarasota, located in Manatee County, has a median property tax rate of 0.83%. Compared to the national median property tax rate of 1.02%, Sarasota offers a more favorable tax environment. This relatively low rate can be attractive to property owners looking for potential savings. Understanding these rates is essential for homeowners and potential buyers in Sarasota, as it directly impacts their financial planning. By examining these figures, you can make informed decisions about property investments in Sarasota, ensuring you maximize your financial benefits while enjoying the services and amenities the area has to offer.

Property Tax Rates Across Sarasota, Manatee County, Florida

Source: Ownwell

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0.45%

0.81%

1.18%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Sarasota Tax Rate

0.83%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Manatee County Tax Rate

0.92%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sarasota, Manatee County, Florida

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
342430.43%0.59%0.83%1.19%1.28%

Source: Ownwell

Property Tax Assessment Values Across Sarasota, Manatee County, Florida

When examining property taxes in Sarasota, FL, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Manatee County Property Appraiser estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Manatee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Sarasota. For example, the median home price in Sarasota is $378,526, with tax bills ranging significantly across the county. ZIP code 34243 has the highest median home price at $378,526.

Property Tax Assessment Values Across Sarasota, Manatee County, Florida

Source: Ownwell

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$147,981

$1,010,609

$1,873,236

Median Sarasota Market Value

$378,526

Median Manatee County Market Value

$360,505

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sarasota, Manatee County, Florida

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
34243$216,750$300,846$378,526$459,580$566,006

Source: Ownwell

Property Tax Bills Across Sarasota, Manatee County, Florida

In Sarasota, located in Manatee County, FL, property tax bills 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, which can fluctuate based on market conditions and property improvements. Sarasota homeowners face a median property tax bill of $3,053, which is significantly higher than the national median of $2,400. Tax bills in Sarasota can vary widely, with the 25th percentile at $2,043 and the 90th percentile reaching $5,597. These figures highlight the potential financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%.

Ownwell assists homeowners in Sarasota by offering property tax appeal services, ensuring that their property assessments are fair and accurate. By leveraging our expertise, homeowners can potentially reduce their tax bills, providing significant savings. Our team navigates the complexities of property tax assessments, helping homeowners achieve a fair tax rate and ultimately, peace of mind.

Property Tax Bills Across Sarasota, Manatee County, Florida

Source: Ownwell

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$1,472

$8,380

$15,287

Median Sarasota Tax Bill

$3,053

Median Manatee County Tax Bill

$2,985

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Sarasota, Manatee County, Florida

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
34243$1,244$2,043$3,053$4,261$5,597

Source: Ownwell

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