Nassau County Property Taxes
The median property tax rate in Nassau County is 1.05%, which is slightly higher than the national median of 0.99% but lower than the Florida state median of 1.14%. With a median home value of $279,164 in Nassau County, the typical annual property tax bill amounts to $2,832, just above the national median of $2,690. Property taxes in Nassau County are based on the assessed value, which is often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Nassau County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Fernandina Beach or another part of Nassau County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nassau County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$2,931
$2,720
Ownwell’s Nassau County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Nassau County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Nassau County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Nassau County, Florida
Property taxes in Nassau County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Nassau County is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Nassau County set these rates annually, and they can vary significantly between different areas within the county. Each year, Nassau County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Nassau County's effective property tax rate with other counties in Florida and the national median. For comparison, the city of Fernandina Beach has one of the higher property tax rates in Florida at 1.18%, while the city of Jacksonville boasts one of the lowest at 0.68%. Analyzing how Nassau County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Nassau County Tax Rate
1.05%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nassau County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bryceville | 0.41% | 0.55% | 0.72% | 1.11% | 1.44% |
| Callahan | 0.41% | 0.57% | 0.79% | 1.22% | 1.47% |
| Fernandina Beach | 0.54% | 0.81% | 1.18% | 1.46% | 1.64% |
| Hilliard | 0.39% | 0.54% | 0.82% | 1.35% | 1.50% |
| Jacksonville | 0.46% | 0.53% | 0.68% | 0.75% | 0.97% |
| Yulee | 0.44% | 0.69% | 1.01% | 1.40% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Nassau County, Florida
In Nassau County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Nassau County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Nassau County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Nassau County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. For instance, Fernandina Beach has the highest median tax bill at $4,482, while Jacksonville has the lowest at $1,189.
Average Nassau County Assessed Value
$279,164
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nassau County, Florida
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bryceville | $79,114 | $117,876 | $196,715 | $264,100 | $329,234 |
| Callahan | $69,322 | $104,063 | $177,542 | $262,055 | $329,310 |
| Fernandina Beach | $193,096 | $278,459 | $398,479 | $565,000 | $841,106 |
| Hilliard | $67,972 | $105,283 | $160,196 | $224,420 | $316,781 |
| Jacksonville | $99,920 | $141,184 | $188,584 | $227,522 | $312,081 |
| Yulee | $98,546 | $174,180 | $226,292 | $278,264 | $341,655 |
Source: Ownwell
Property Tax Bills Across Nassau County, Florida
In Nassau County, FL, property tax bills are calculated based on the assessed value of your home, which is determined by the county property appraiser. This assessed value is then multiplied by the local millage rate to determine your tax bill. Factors such as property improvements, location, and market conditions can influence the assessed value. For instance, the median home price in Nassau County is $279,164. Homeowners in Nassau County experience a range of tax bills. At the 25th percentile, the tax bill is around $1,445, while at the 75th percentile, it rises to $5,117. The 90th percentile sees tax bills as high as $8,411. The highest median tax bill in the county is found in Fernandina Beach at $4,482, whereas Jacksonville has the lowest median tax bill at $1,189. Compared to the national median property tax rate of 0.99%, Nassau County's tax bills can vary significantly, impacting homeowners differently based on their property's assessed value and location within the county.
Average Nassau County Tax Bill
$2,832
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Nassau County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bryceville | $443 | $834 | $1,499 | $2,243 | $3,164 |
| Callahan | $412 | $747 | $1,446 | $2,344 | $3,390 |
| Fernandina Beach | $1,312 | $2,557 | $4,482 | $7,231 | $10,873 |
| Hilliard | $416 | $727 | $1,340 | $2,143 | $3,169 |
| Jacksonville | $482 | $831 | $1,189 | $1,764 | $3,038 |
| Yulee | $577 | $1,289 | $2,269 | $3,328 | $4,402 |
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 | |
|---|---|
| Nassau Property Appraiser | |
| Website | maps.nassauflpa.com |