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Port Richey, Pasco County, Florida Property Taxes

  • Median PORT RICHEY, FL effective property tax rate: 1.11%, slightly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.

  • Median PORT RICHEY, FL home value: $156,104

  • Median annual PORT RICHEY, FL tax bill: $1,477, $923 lower than the national median property tax bill of $2,400.

How are property taxes in Pasco calculated?

Property taxes in PORT RICHEY, FL 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 PORT RICHEY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in PORT RICHEY, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Port Richey, Pasco County, Florida Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.11%

Estimate Property Tax Bill

$1,733

$1,608

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Port Richey Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Port Richey with just two data points.

By entering your property's estimated assessed value, our calculator applies Port Richey’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Pasco County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Port Richey, Pasco County, Florida

Local government entities determine tax rates, and these can differ significantly within a state. Each county calculates its necessary budget to provide essential services and divides it by the total value of all taxable property within its jurisdiction, leading to the property tax rate. This process, while subject to votes and legislation, is the core of how property tax rates are set annually.

In Port Richey, located in Pasco County, the effective property tax rate is a key consideration for homeowners. Compared to other cities in Florida, Port Richey's rate provides an interesting perspective on local taxation. Florida's median property tax rate is 1.11%, which is slightly higher than the national median of 1.02%. This suggests that property owners in Port Richey might experience a tax rate that is above the national average, impacting their annual property tax bills. Understanding these rates can help residents make informed decisions about property ownership and financial planning. By comparing these rates, residents can better assess how their property taxes align with both state and national trends.

Property Tax Rates Across Port Richey, Pasco County, Florida

Source: Ownwell

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0.78%

1.26%

1.73%

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 Port Richey Tax Rate

1.11%

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 Pasco County Tax Rate

1.24%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Port Richey, Pasco County, Florida

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
346680.37%0.48%1.11%1.47%1.72%

Source: Ownwell

Property Tax Assessment Values Across Port Richey, Pasco County, Florida

When examining property taxes in Port Richey, FL, 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 Pasco 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.

Assessment notices: In Pasco 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 Port Richey.

For example, the median home price in Port Richey is $156,104, with tax bills ranging significantly across the county. Zip code 34668 has the highest median home price at $156,104.

Property Tax Assessment Values Across Port Richey, Pasco County, Florida

Source: Ownwell

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$74,781

$272,032

$469,282

Median Port Richey Market Value

$156,104

Median Pasco County Market Value

$211,605

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Port Richey, Pasco County, Florida

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
34668$94,741$122,832$156,104$187,471$223,517

Source: Ownwell

Property Tax Bills Across Port Richey, Pasco County, Florida

In Port Richey, located in Pasco County, FL, property tax bills are determined based on the assessed value of a home, which is then multiplied by the local tax rate. With a median home price of $156,104, homeowners in this area experience property tax bills that can range significantly. For instance, the 25th percentile tax bill is $710, while the 75th percentile reaches $2,183. The highest median tax bill in the area is $1,477, which is relatively low compared to the national median property tax bill of $2,400. Factors influencing these bills include local government budgets and assessed property values. For homeowners, these taxes can be a substantial part of their annual expenses. This is where Ownwell can make a difference. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their property taxes are fair and accurate, potentially saving them hundreds to thousands of dollars annually. Our team analyzes your property assessment and advocates on your behalf to secure the lowest possible tax bill.

Property Tax Bills Across Port Richey, Pasco County, Florida

Source: Ownwell

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$739

$3,266

$5,793

Median Port Richey Tax Bill

$1,477

Median Pasco County Tax Bill

$2,147

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Port Richey, Pasco County, Florida

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
34668$541$710$1,477$2,183$2,873

Source: Ownwell

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