North Palm Beach, Florida Property Taxes

Ownwell’s North Palm Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in North Palm Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North Palm Beach 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 North Palm Beach. 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 Assessment Values Across North Palm Beach, Florida

In North Palm Beach, 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 Palm Beach 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 North Palm Beach, 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 North Palm Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in this area is $396,900, with tax bills ranging from $2,718 at the 25th percentile to $26,133 at the 90th percentile. The zip code 33408 has the highest median tax bill at $4,768.

Property Tax Assessment Values Across North Palm Beach, Florida

Source: Ownwell

$32,527

$1,351,467

$2,670,407

Average North Palm Beach Assessed Value

$396,900

Average Palm Beach County Assessed Value

$316,112

Average Florida Assessed Value

$276,648

Average United States Assessed Value

$244,900