Crestview, Okaloosa County, Florida Property Taxes

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

Median Crestview, FL effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Crestview, FL home value: $200,528
Median annual Crestview, FL tax bill: $1,533, $867 lower than the national median property tax bill of $2,400.

How are property taxes in Okaloosa calculated?

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

Last Updated March 1, 2025

Crestview, Okaloosa County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.8%

Estimate Property Tax Bill

$1,604

$1,489

Ownwell’s Crestview Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Crestview with just two data points.

By entering your property's estimated assessed value, our calculator applies Crestview’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 Okaloosa County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Crestview, Okaloosa County, Florida

Local government entities determine property tax rates, leading to significant variations within a state. Annually, each county estimates its budgetary needs for public services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Crestview, located in Okaloosa County, the effective property tax rate is an important consideration for homeowners. Crestview's rate is part of the broader landscape of property taxes in Florida, where rates can vary even within the same county. For instance, the highest median tax rate in Okaloosa County is 0.85% in the 32536 ZIP code, while the lowest is 0.74% in the 32539 ZIP code. Compared to the national median property tax rate of 1.02%, Crestview's rates offer a more favorable tax environment for property owners. By understanding these differences, property owners can better navigate their tax responsibilities and explore opportunities for tax appeals or exemptions.

Property Tax Rates Across Crestview, Okaloosa County, Florida

Source: Ownwell

0.58%

0.89%

1.20%

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 Crestview Tax Rate

0.80%

Median Effective Okaloosa County Tax Rate

0.93%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Crestview, Okaloosa County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32536	0.45%	0.56%	0.85%	1.38%	1.48%
32539	0.39%	0.49%	0.74%	1.03%	1.44%

Source: Ownwell

Property Tax Assessment Values Across Crestview, Okaloosa County, Florida

When examining property taxes in Crestview, 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 Okaloosa 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: Okaloosa County sends assessment notices 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 Crestview. For example, the median home price in Crestview is $200,528, with tax bills ranging significantly across the county. Zip code 32536 has the highest median home price at $217,225.

Property Tax Assessment Values Across Crestview, Okaloosa County, Florida

Source: Ownwell

$104,350

$252,953

$401,555

Median Crestview Market Value

$200,528

Median Okaloosa County Market Value

$253,315

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Crestview, Okaloosa County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32536	$94,680	$152,559	$217,225	$281,338	$345,855
32539	$68,150	$127,927	$185,932	$259,244	$336,657

Source: Ownwell

Property Tax Bills Across Crestview, Okaloosa County, Florida

In Crestview, located in Okaloosa County, FL, property tax bills are determined by the assessed value of a home, which is calculated based on the property's market value. With a median home price of $200,528, the property tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in Crestview can expect tax bills ranging significantly, with the 25th percentile at $832 and the 90th percentile reaching up to $3,267. The median tax bill in the highest area, zip code 32536, is $1,798, while the lowest, in zip code 32539, is $1,336. These figures are notably below the national median property tax bill of $2,400, making it a relatively affordable area in terms of property taxes. However, for homeowners seeking to reduce their tax burden, Ownwell offers expert property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners achieve potential savings on their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Crestview, Okaloosa County, Florida

Source: Ownwell

$624

$2,337

$4,050

Median Crestview Tax Bill

$1,533

Median Okaloosa County Tax Bill

$2,112

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Crestview, Okaloosa County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32536	$492	$1,073	$1,798	$2,600	$3,545
32539	$410	$727	$1,336	$2,135	$3,040

Source: Ownwell

Don't miss the deadline to petition!

Dates
Property Valuation Date	January 1
Appeal Deadline	September 13
Tax Bill
Issued	November 1

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