Dunnellon, Marion County, Florida Property Taxes
Median Dunnellon, FL effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%. Median Dunnellon, FL home value: $184,220. Median annual Dunnellon, FL tax bill: $1,627, $773 lower than the national median property tax bill of $2,400.
How are property taxes in Marion calculated? Property taxes in Dunnellon, 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 Dunnellon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dunnellon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dunnellon, Marion County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$1,621
$1,504
Property Tax Rates Across Dunnellon, Marion County, Florida
Local government entities in Florida set tax rates, which can vary widely within the state. Each year, counties estimate their required budgets to provide essential services and divide that by the total value of all taxable property within their 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.
In Dunnellon, located in Marion County, the effective property tax rate provides a unique insight into how it compares to other cities in Florida and the national landscape. With a median property tax rate slightly below the national median, Dunnellon offers a more favorable tax environment compared to many areas across the United States. The highest median tax rate in the area is found in the 34432 zip code, while the lowest is in the 34431 zip code, showcasing the range of rates within the city itself. This variability highlights the importance of understanding local tax dynamics, which can significantly impact property owners.
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 Dunnellon Tax Rate
0.88%
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 Marion County Tax Rate
1.04%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dunnellon, Marion County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34431 | 0.44% | 0.58% | 0.80% | 1.57% | 1.91% |
| 34432 | 0.55% | 0.68% | 0.91% | 1.53% | 1.82% |
Source: Ownwell
Property Tax Assessment Values Across Dunnellon, Marion County, Florida
When examining property taxes in Dunnellon, 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 Marion County appraisal district 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. This 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 Marion County, assessment notices are sent in the spring each year, typically reaching 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 Dunnellon. For example, the median home price in Dunnellon is $184,220, with tax bills ranging significantly across the county. Zip code 34432 has the highest median home price at $188,339.
Property Tax Assessment Values Across Dunnellon, Marion County, Florida
Source: Ownwell
$47,814
$154,461
$261,107
Median Dunnellon Market Value
$184,220
Median Marion County Market Value
$176,469
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dunnellon, Marion County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34431 | $73,774 | $114,612 | $176,542 | $237,953 | $313,695 |
| 34432 | $57,210 | $115,763 | $188,339 | $266,546 | $357,714 |
Source: Ownwell
Property Tax Bills Across Dunnellon, Marion County, Florida
Median Dunnellon Tax Bill
$1,627
Median Marion County Tax Bill
$1,725
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Dunnellon, Marion County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34431 | $478 | $805 | $1,497 | $2,361 | $3,320 |
| 34432 | $522 | $943 | $1,703 | $2,703 | $4,013 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Marion Property Appraiser | |
| Website | www.pa.marion.fl.us |