Reunion, Florida Property Taxes
The median property tax rate in Reunion, FL is 2.09%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Reunion, the typical annual property tax bill reaches $5,642, exceeding the national median of $2,690. Property taxes in Reunion 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 Reunion'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 Reunion 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
Reunion, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.09%
Estimate Property Tax Bill
$6,262
$5,926
$1,148
Average Reunion, Florida Tax Savings
Ownwell’s Reunion Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Reunion with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Reunion 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 Reunion. 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 Reunion, Florida
Property taxes in Reunion, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Reunion is 2.09%, significantly higher than the U.S. national median of 0.99%. Local government entities within Reunion set these rates annually, and they can vary significantly across different neighborhoods. Each year, Reunion 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 Reunion's effective property tax rate to other areas in Florida and the national median. For comparison, the 34747 zip code has the highest median property tax rate of 2.09%, while the same zip code also has the lowest median tax rate of 2.09%. Understanding how these areas compare with Reunion 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 Reunion Tax Rate
2.09%
Average Osceola County Tax Rate
1.40%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Reunion, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34747 | 1.54% | 1.76% | 2.09% | 2.26% | 2.47% |
Source: Ownwell
$1,148
Average Reunion Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Reunion, Florida
In Reunion, 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 Reunion, 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 median home price in Reunion is $299,600, with tax bills ranging significantly. The 25th percentile tax bill is $4,866, while the 75th percentile tax bill reaches $10,441. The highest median tax bill, found in zip code 34747, is $5,642. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Reunion Assessed Value
$299,600
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 Reunion, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34747 | $189,200 | $227,900 | $299,600 | $607,925 | $931,820 |
Source: Ownwell
$1,148
Average Reunion Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Reunion, Florida
In Reunion, located in Osceola County, FL, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. The county then applies its tax rate to this assessed value to calculate the annual tax bill. Homeowners in Reunion can expect varying tax bills depending on their property's value, with the 25th percentile at $4,866 and the 75th percentile reaching $10,441. Some homeowners even face tax bills as high as $15,009, significantly higher than the national median property tax rate of 0.99%. High property tax bills can be burdensome, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their property is fairly assessed. This can lead to significant savings, reducing the financial strain and allowing homeowners to better manage their budgets. With Ownwell, homeowners in Reunion can potentially lower their property tax bills and gain peace of mind.
Average Reunion Tax Bill
$5,642
Average Osceola County Tax Bill
$3,024
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Reunion, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34747 | $4,001 | $4,866 | $5,642 | $10,441 | $15,009 |
Source: Ownwell
$1,148
Average Reunion Tax Savings
Save on your property taxes & more with Ownwell.
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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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