Summerfield, Marion County, Florida Property Taxes

Name: Property Tax Bills Across Summerfield, Marion County, Florida
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Summerfield, FL effective property tax rate: 1.02%, aligning with the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Summerfield, FL home value: $189,188
Median annual Summerfield, FL tax bill: $1,902, $498 lower than the national median property tax bill of $2,400.

How are property taxes in Marion calculated?

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

Last Updated March 1, 2025

Summerfield, Marion County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.02%

Estimate Property Tax Bill

$1,930

$1,791

Ownwell’s Summerfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Summerfield with just two data points. By entering your property's estimated assessed value, our calculator applies Summerfield’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 Summerfield, Marion 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 Summerfield’s effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.

Property Tax Rates Across Summerfield, 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 Summerfield Taxx Rate

1.02%

Median Effective Marion County Taxx Rate

1.04%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Summerfield, Marion County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
34491	0.63%	0.80%	1.02%	1.58%	1.81%

Source: Ownwell

Property Tax Assessment Values Across Summerfield, Marion County, Florida

When examining property taxes in Summerfield, 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.

In Marion County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Summerfield. For example, the median home price in Summerfield is $189,188, with tax bills ranging significantly across the county. Zip code 34491 has the highest median home price at $189,188.

Property Tax Assessment Values Across Summerfield, Marion County, Florida

Source: Ownwell

$47,814

$154,461

$261,107

Median Summerfield Market Value

$189,188

Median Marion County Market Value

$176,469

Median Florida Market Value

$276,648

Median United States Market Value

$244,900

Property Tax Assessment Values Across Summerfield, Marion County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
34491	$55,708	$121,805	$189,188	$257,362	$313,141

Source: Ownwell

Property Tax Bills Across Summerfield, Marion County, Florida

In Summerfield, Marion County, FL, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in this region face a median tax bill of $1,902, which is below the national median of $2,400. Factors influencing the tax bill include the property's assessed value and applicable exemptions. For example, the tax bill for the 25th percentile is $1,083, while it rises to $2,792 for the 75th percentile and $3,650 for the 90th percentile. These variations highlight the impact of property value and exemptions on tax obligations. Lower property taxes can ease the financial burden on homeowners, allowing for increased savings or reinvestment into their properties. Ownwell assists homeowners by identifying potential savings through tax appeals and exemptions, ensuring they pay only their fair share. By leveraging expert knowledge and local insights, Ownwell helps homeowners in Summerfield optimize their property tax bills, providing peace of mind and financial relief.

Property Tax Bills Across Summerfield, Marion County, Florida

Source: Ownwell

$717

$2,210

$3,703

Median Summerfield Tax Bill

$1,902

Median Marion County Tax Bill

$1,725

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,690

Property Tax Bills Across Summerfield, Marion County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
34491	$662	$1,083	$1,902	$2,792	$3,650

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