The Villages, Marion County, Florida Property Taxes
Median THE VILLAGES, FL effective property tax rate: 1.36%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median THE VILLAGES, FL home value: $261,107
Median annual THE VILLAGES, FL tax bill: $3,703, $1,303 higher than the national median property tax bill of $2,400.
How are property taxes in Marion calculated?
Property taxes in THE VILLAGES, 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 THE VILLAGES’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in THE VILLAGES, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
The Villages, Marion County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.36%
Estimate Property Tax Bill
$3,551
$3,295
Property Tax Rates Across The Villages, Marion County, Florida
Local government entities determine tax rates, which can differ significantly even within the same state. This variation arises because each county annually calculates its required budget to fund services, then divides this amount by the total value of all taxable property within its jurisdiction. The result of this calculation is the property tax rate. Although setting tax rates and budgets involves votes and laws, this is essentially the yearly process.
In The Villages, located in Marion County, the effective property tax rate can be compared to other cities in Florida and the national median. The Villages' tax rate stands out in Florida, where the median property tax rate is 1.36%, higher than the national median of 1.02%. This comparison highlights the significant difference between local and national property tax rates, emphasizing the importance of understanding local tax dynamics. By being aware of these rates, property owners in The Villages can make informed decisions and potentially explore opportunities for appealing their property taxes or seeking exemptions to reduce their tax burdens.
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 The Villages Tax Rate
1.36%
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 The Villages, Marion County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32162 | 1.11% | 1.20% | 1.36% | 1.71% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across The Villages, Marion County, Florida
When examining property taxes in The Villages, 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 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 The Villages. For example, the median home price in The Villages is $261,107, with tax bills ranging significantly across the county. Zip code 32162 has the highest median home price at $261,107.
Property Tax Assessment Values Across The Villages, Marion County, Florida
Source: Ownwell
$47,814
$154,461
$261,107
Median The Villages Market Value
$261,107
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 The Villages, Marion County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32162 | $190,589 | $222,552 | $261,107 | $314,408 | $392,384 |
Source: Ownwell
Property Tax Bills Across The Villages, Marion County, Florida
Median The Villages Tax Bill
$3,703
Median Marion County Tax Bill
$1,725
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across The Villages, Marion County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32162 | $2,493 | $3,039 | $3,703 | $4,652 | $5,669 |
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 |