Safety Harbor, Florida Property Taxes
The median property tax rate in Safety Harbor, FL is 0.86%, which is lower than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $354,794 in Safety Harbor, the typical annual property tax bill amounts to $3,022, surpassing the national median of $2,690. Property taxes in Safety Harbor are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Safety Harbor'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 Safety Harbor 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
Safety Harbor, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$3,051
$2,888
$1,148
Average Safety Harbor, Florida Tax Savings
Ownwell’s Safety Harbor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Safety Harbor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Safety Harbor 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 Safety Harbor. 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 Safety Harbor, Florida
Property taxes in Safety Harbor, Florida, are essential for funding critical local services such as public education, road maintenance, and emergency response. The median tax rate in Safety Harbor stands at 0.86%, which is below the U.S. national median of 0.99%. Local government entities within Safety Harbor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Safety Harbor 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 Safety Harbor's effective property tax rate to other areas and the national median. For comparison, the highest median property tax rate in the region is also 0.86%, found in the 34695 zip code, while the lowest median tax rate is similarly 0.86%, also in the 34695 zip code. Understanding how these cities compare with Safety Harbor provides valuable insights into the varying tax landscape across Pinellas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Safety Harbor Tax Rate
0.86%
Average Pinellas County Tax Rate
1.08%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Safety Harbor, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34695 | 0.37% | 0.56% | 0.86% | 1.35% | 1.58% |
Source: Ownwell
$1,148
Average Safety Harbor Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Safety Harbor, Florida
In Safety Harbor, 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 Pinellas 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. 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 Safety Harbor is $354,794, with tax bills ranging from $1,657 at the 25th percentile to $6,783 at the 90th percentile. The highest and lowest median tax bills in the 34695 zip code are both $3,022. 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 Safety Harbor Assessed Value
$354,794
Average Pinellas County Assessed Value
$254,032
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Safety Harbor, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34695 | $144,838 | $228,268 | $354,794 | $465,677 | $609,114 |
Source: Ownwell
$1,148
Average Safety Harbor Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Safety Harbor, Florida
Property tax bills in Safety Harbor, located in Pinellas County, FL, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. In Safety Harbor, the median home price is $354,794. Homeowners can expect to pay property taxes that vary significantly, with the 25th percentile tax bill at $1,657 and the 90th percentile reaching up to $6,783. The median tax bill in the area stands at $3,022, which is higher than the national median property tax rate of 0.99%. Several factors influence the tax bill, including property improvements, market conditions, and local tax rates. High property taxes can be a burden for homeowners, but Ownwell can help. Our expert property tax consultants specialize in appealing property assessments and securing exemptions, ensuring homeowners pay only their fair share. By leveraging local knowledge and expertise, Ownwell can help reduce your property tax bill, providing significant savings and peace of mind.
Average Safety Harbor Tax Bill
$3,022
Average Pinellas County Tax Bill
$2,581
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Safety Harbor, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34695 | $744 | $1,657 | $3,022 | $4,805 | $6,783 |
Source: Ownwell
$1,148
Average Safety Harbor 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 | |
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Pinellas Property Appraiser | |
Website | www.pcpao.gov |
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