Zephyrhills, Florida Property Taxes
The median property tax rate in Zephyrhills, FL is 1.43%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Zephyrhills at $99,498, the typical annual property tax bill reaches $1,140, still below the national median of $2,690. Property taxes in Zephyrhills 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 Zephyrhills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Zephyrhills 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
Zephyrhills, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$1,423
$1,320
$1,148
Average Tax Savings
Ownwell’s Zephyrhills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Zephyrhills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Zephyrhills 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 Zephyrhills. 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 Zephyrhills, Florida
Property taxes in Zephyrhills, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Zephyrhills is 1.43%, which is higher than the U.S. national median of 0.99%. Local government entities within Zephyrhills set these rates annually, and they can vary significantly across different neighborhoods. Each year, Zephyrhills 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 Zephyrhills' effective property tax rate to other areas in Pasco County and the national median. For comparison, the 33540 zip code has the highest median property tax rate of 1.48%, while the 33542 zip code has the lowest median tax rate of 1.33%. Understanding how these areas compare with Zephyrhills provides valuable insights into the varying tax landscape across Pasco County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Zephyrhills Tax Rate
1.43%
Average Pasco County Tax Rate
1.24%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Zephyrhills, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33540 | 0.56% | 0.82% | 1.48% | 2.16% | 2.16% |
| 33541 | 0.63% | 0.87% | 1.44% | 1.80% | 2.21% |
| 33542 | 0.54% | 0.73% | 1.33% | 1.88% | 2.18% |
Source: Ownwell
$1,148
Average Zephyrhills Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Zephyrhills, Florida
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Zephyrhills, Florida. The market value represents 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 Pasco 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 Zephyrhills, 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. The median home price in Zephyrhills is $99,498, with tax bills ranging from $674 at the 25th percentile to $4,056 at the 90th percentile. The highest median tax bill of $1,351 is found in the 33541 zip code, while the lowest median tax bill of $944 is in the 33540 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Average Zephyrhills Assessed Value
$99,498
Average Pasco County Assessed Value
$211,605
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Zephyrhills, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33540 | $31,220 | $33,450 | $96,223 | $217,175 | $260,699 |
| 33541 | $49,508 | $64,826 | $116,956 | $230,932 | $295,672 |
| 33542 | $40,196 | $58,936 | $95,785 | $149,624 | $205,265 |
Source: Ownwell
$1,148
Average Zephyrhills Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Zephyrhills, Florida
In Zephyrhills, Pasco County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as home improvements, market conditions, and neighborhood characteristics can influence the assessed value. For instance, the median home price in Zephyrhills is $99,498. Homeowners in the area can expect tax bills ranging from $674 at the 25th percentile to $4,056 at the 90th percentile, with the highest median tax bill in the 33541 zip code at $1,351. High property taxes can be a financial burden for homeowners. Ownwell offers valuable services to help homeowners reduce their property tax bills. By leveraging expert knowledge in property tax laws and conducting thorough assessments, Ownwell identifies potential savings and files appeals on behalf of homeowners. This can result in significant reductions in tax liabilities, providing financial relief and peace of mind.
Average Zephyrhills Tax Bill
$1,140
Average Pasco County Tax Bill
$2,147
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Zephyrhills, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33540 | $532 | $674 | $944 | $2,195 | $4,292 |
| 33541 | $511 | $770 | $1,351 | $2,972 | $4,962 |
| 33542 | $418 | $682 | $1,051 | $1,765 | $2,877 |
Source: Ownwell
$1,148
Average Zephyrhills 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 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Pasco Property Appraiser | |
| Website | search.pascopa.com |
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