Kissimmee, Florida Property Taxes
The median property tax rate in Kissimmee, FL is 1.40%, considerably higher than both the national median of 0.99% and Florida's state median of 1.14%. With the median home value in Kissimmee at $242,100, the typical annual property tax bill reaches $2,980, exceeding the national median of $2,690. Property taxes in Kissimmee are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kissimmee'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 Kissimmee 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
Kissimmee, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$3,389
$3,208
$1,148
Average Kissimmee, Florida Tax Savings
Ownwell’s Kissimmee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kissimmee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kissimmee 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 Kissimmee. 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 Kissimmee, Florida
Property taxes in Kissimmee, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kissimmee is 1.40%, higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Kissimmee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kissimmee 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 Kissimmee's effective property tax rate to other areas in Osceola County and the national median. For comparison, the 34747 zip code has the highest median property tax rate of 1.50%, while the 34743 zip code has the lowest median tax rate of 1.09%. Understanding how these cities compare with Kissimmee 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 Kissimmee Tax Rate
1.40%
Average Osceola County Tax Rate
1.40%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kissimmee, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34741 | 0.43% | 0.97% | 1.45% | 1.69% | 1.79% |
34743 | 0.51% | 0.61% | 1.09% | 1.55% | 1.65% |
34744 | 0.42% | 0.80% | 1.13% | 1.54% | 1.78% |
34746 | 0.77% | 1.11% | 1.49% | 1.71% | 1.98% |
34747 | 1.00% | 1.33% | 1.50% | 1.66% | 1.92% |
34758 | 0.49% | 0.76% | 1.11% | 1.50% | 1.65% |
34759 | 0.48% | 0.54% | 1.10% | 1.51% | 1.64% |
Source: Ownwell
$1,148
Average Kissimmee Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Kissimmee, Florida
In Kissimmee, 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 Property Appraiser 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 Kissimmee, 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. 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 Kissimmee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Kissimmee is $4,420 in the 34747 zip code, while the lowest median tax bill is $2,065 in the 34741 zip code.
Average Kissimmee Assessed Value
$242,100
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 Kissimmee, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34741 | $90,200 | $115,900 | $183,500 | $263,100 | $334,600 |
34743 | $160,300 | $199,200 | $230,600 | $261,100 | $286,600 |
34744 | $138,800 | $202,000 | $252,000 | $298,300 | $365,700 |
34746 | $142,000 | $208,500 | $254,500 | $311,700 | $380,600 |
34747 | $122,100 | $211,700 | $299,100 | $430,675 | $579,300 |
34758 | $174,900 | $201,200 | $231,700 | $266,400 | $301,200 |
34759 | $173,060 | $194,600 | $216,200 | $239,000 | $267,520 |
Source: Ownwell
$1,148
Average Kissimmee Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Kissimmee, Florida
In Kissimmee, Osceola County, FL, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. This value is then multiplied by the local tax rate to determine your annual tax bill. The median home price in Kissimmee is $242,100, with tax bills ranging significantly across different percentiles. For instance, the 25th percentile tax bill is $1,814, while the 75th percentile reaches $4,257, and the 90th percentile goes up to $5,960. The highest median tax bill in the area is $4,420 in the 34747 zip code, whereas the lowest is $2,065 in the 34741 zip code. These taxes can be a considerable expense for homeowners, but Ownwell can help you reduce your property tax bill through professional appeal and exemption services. By analyzing your property’s assessed value and comparing it to market trends, Ownwell identifies discrepancies and files appeals on your behalf, potentially saving you thousands of dollars annually.
Average Kissimmee Tax Bill
$2,980
Average Osceola County Tax Bill
$3,024
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Kissimmee, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34741 | $600 | $1,340 | $2,065 | $3,488 | $5,091 |
34743 | $1,065 | $1,408 | $2,301 | $3,334 | $4,008 |
34744 | $816 | $1,755 | $2,811 | $3,984 | $5,050 |
34746 | $1,452 | $2,326 | $3,475 | $4,844 | $6,505 |
34747 | $1,991 | $2,918 | $4,420 | $6,442 | $9,631 |
34758 | $1,020 | $1,563 | $2,684 | $3,467 | $4,175 |
34759 | $974 | $1,152 | $2,286 | $3,236 | $3,719 |
Source: Ownwell
$1,148
Average Kissimmee 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 |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.