Not Applicable, Marion County, Florida Property Taxes

Name: Property Tax Bills Across Not Applicable, Marion County, Florida
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median NOT APPLICABLE, FL effective property tax rate: 1.07%, slightly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median NOT APPLICABLE, FL home value: $206,360
Median annual NOT APPLICABLE, FL tax bill: $2,218, $182 lower than the national median property tax bill of $2,400.

How are property taxes in Marion calculated?

Property taxes in NOT APPLICABLE, 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 NOT APPLICABLE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in NOT APPLICABLE, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Not Applicable, Marion County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.07%

Estimate Property Tax Bill

$2,208

$2,049

Ownwell’s Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Marion County, Florida with just two data points. By entering your property's estimated assessed value, our calculator applies Marion County'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 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 Marion County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Not Applicable, Marion County, Florida

Local government entities determine tax rates, leading to significant variation within a state. Annually, each county calculates its necessary budget for services and divides it by the total value of all taxable properties in its area. This process establishes the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is essentially the yearly procedure.

In Marion County, Florida, the effective property tax rate is 1.07%, which is slightly above the national median of 1.02%. This means property owners in Marion County might pay a bit more compared to the average American property owner. However, this rate is indicative of the county's commitment to funding essential services and infrastructure. Comparing this rate to other cities in Florida and the national figures provides valuable context for property owners. Understanding these rates can help property owners make informed decisions about property investments and financial planning.

Property Tax Rates Across Not Applicable, Marion County, Florida

Source: Ownwell

0.79%

1.27%

1.75%

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 Not Applicable Tax Rate

1.07%

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 Not Applicable, Marion County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile

Source: Ownwell

Property Tax Assessment Values Across Not Applicable, Marion County, Florida

When examining property taxes in NOT APPLICABLE, 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 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. Assessment notices: In Marion 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. For example, the median home price in Marion County is $206,360, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Not Applicable, Marion County, Florida

Source: Ownwell

$47,814

$154,461

$261,107

Median Not Applicable Market Value

$206,360

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 Not Applicable, Marion County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile

Source: Ownwell

Property Tax Bills Across Not Applicable, Marion County, Florida

In Marion County, Florida, property tax bills are calculated based on the assessed value of a home, which is determined by the local property appraiser. This assessed value is then multiplied by the local tax rate to determine the property tax bill. With a median home price of $206,360, homeowners in Marion County face property tax bills that can vary significantly. The tax bill at the 25th, 75th, and 90th percentiles is consistently $2,218. This figure is slightly below the national median property tax bill of $2,400, yet it can still be a significant expense for homeowners, impacting their overall financial planning.

Ownwell offers valuable assistance to homeowners in Marion County by providing property tax appeal and exemption services. By leveraging their expertise, Ownwell can help homeowners potentially reduce their property tax bills, ensuring they pay only what is fair. This can lead to substantial savings and provide peace of mind. With Ownwell's guidance, homeowners can navigate the complexities of property tax assessments and appeals, ultimately benefiting from lower tax obligations.

Property Tax Bills Across Not Applicable, Marion County, Florida

Source: Ownwell

$717

$2,210

$3,703

Median Not Applicable Tax Bill

$2,218

Median Marion County Tax Bill

$1,725

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Not Applicable, Marion County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile

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