Holt, Okaloosa County, Florida Property Taxes
Median Holt, Florida effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Holt, Florida home value: $104,350
Median annual Holt, Florida tax bill: $624, $1,776 lower than the national median property tax bill of $2,400.
How are property taxes in Okaloosa County calculated?
Property taxes in Holt, Florida 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 Holt’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Holt, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Holt, Okaloosa County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.58%
Estimate Property Tax Bill
$605
$562
Property Tax Rates Across Holt, Okaloosa County, Florida
Local government entities determine tax rates, which can vary significantly within a state. This variation is due to the annual process where each county estimates its budget to fund services and divides this by the total value of all taxable property within its jurisdiction. The outcome of this calculation is the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially how the process works each year.
In Holt, located in Okaloosa County, Florida, the effective property tax rate is 0.58%. This rate is notably lower than the national median property tax rate of 1.02%. When compared to other cities in Florida, Holt's tax rate is consistent, reflecting the state's overall approach to property taxation. The median property tax bill in Holt is also likely to be lower than the national median of $2,400, providing residents with a relatively affordable property tax environment. This makes Holt an attractive option for homeowners seeking lower property tax obligations while still enjoying the benefits of living in Florida.
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 Holt Tax Rate
0.58%
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 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 Holt, Okaloosa County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32564 | 0.32% | 0.44% | 0.58% | 1.02% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Holt, Okaloosa County, Florida
When examining property taxes in Holt, Florida, 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.
In Okaloosa 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 Holt. For example, the median home price in Holt is $104,350, with tax bills ranging significantly across the county. Zip code 32564 has the highest median home price at $104,350.
Property Tax Assessment Values Across Holt, Okaloosa County, Florida
Source: Ownwell
$104,350
$252,953
$401,555
Median Holt Market Value
$104,350
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 Holt, Okaloosa County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32564 | $31,364 | $57,934 | $104,350 | $174,257 | $265,929 |
Source: Ownwell
Property Tax Bills Across Holt, Okaloosa County, Florida
Median Holt Tax Bill
$624
Median Okaloosa County Tax Bill
$2,112
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Holt, Okaloosa County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32564 | $173 | $351 | $624 | $1,118 | $1,686 |
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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