Davenport, Florida Property Taxes
The median property tax rate in Davenport, FL is 1.69%, significantly higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Davenport at $288,300, the typical annual property tax bill reaches $4,427, exceeding the national median of $2,690. Property taxes in Davenport are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Davenport's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Davenport or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Davenport, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.69%
Estimate Property Tax Bill
$4,872
$4,611
$1,148
Average Davenport, Florida Tax Savings
Ownwell’s Davenport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Davenport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Davenport to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Davenport. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Davenport, Florida
Property taxes in Davenport, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Davenport is 1.69%, significantly higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Davenport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Davenport estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Davenport's effective property tax rate to other areas in Florida and the national median. For comparison, the 33896 zip code has the highest median property tax rate of 1.70%, while the 33897 zip code has the lowest median tax rate of 1.63%. Understanding how these areas compare with Davenport provides valuable insights into the varying tax landscape across Osceola County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Davenport Tax Rate
1.69%
Average Osceola County Tax Rate
1.40%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Davenport, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33896 | 1.00% | 1.44% | 1.70% | 1.83% | 2.13% |
| 33897 | 1.21% | 1.28% | 1.63% | 2.24% | 2.30% |
Source: Ownwell
$1,148
Average Davenport Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Davenport, Florida
In Davenport, Florida, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Osceola County Appraisal District for tax purposes. In contrast, the assessed value 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. In Davenport, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the zip code 33896 has the highest median tax bill at $4,504, while the zip code 33897 has the lowest median tax bill at $3,863. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Davenport helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Davenport Assessed Value
$288,300
Average Osceola County Assessed Value
$247,000
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Davenport, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33896 | $133,160 | $193,700 | $285,400 | $434,600 | $550,000 |
| 33897 | $105,300 | $112,800 | $297,250 | $327,425 | $379,260 |
Source: Ownwell
$1,148
Average Davenport Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Davenport, Florida
In Davenport, located in Osceola County, FL, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The tax rate is then applied to this assessed value to generate the annual tax bill. Factors influencing the assessed value include the property's market value, location, and any improvements or renovations made. For instance, the median home price in Davenport is $288,300, leading to varying tax bills across different percentiles. Homeowners in the 25th percentile face tax bills around $2,551, while those in the 75th percentile see bills up to $7,236. The highest median tax bill recorded in the 33896 zip code is $4,504. These tax bills can significantly impact homeowners, especially if the assessed value increases unexpectedly. This is where Ownwell steps in. By offering property tax appeal and exemption services, Ownwell helps homeowners ensure their properties are fairly assessed, potentially reducing their annual tax bills and providing substantial savings.
Average Davenport Tax Bill
$4,427
Average Osceola County Tax Bill
$3,024
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Davenport, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33896 | $1,783 | $2,669 | $4,504 | $7,758 | $9,447 |
| 33897 | $1,879 | $2,517 | $3,863 | $4,984 | $6,272 |
Source: Ownwell
$1,148
Average Davenport Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 10 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Osceola Property Appraiser | |
| Website | ira.property-appraiser.org |
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