Auburndale, Florida Property Taxes
The median property tax rate in Auburndale, FL is 1.02%, slightly higher than the national median of 0.99% but lower than Florida's state median of 1.14%. With a median home value of $194,118, the typical annual property tax bill in Auburndale amounts to $1,597, which is below the national median of $2,690. Property taxes in Auburndale are calculated based on the assessed value, which is often less than the market value due to exemptions like those for primary residences and agricultural use. Understanding the local property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Auburndale or another part of Polk County, grasping the intricacies of the property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Auburndale, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$1,980
$1,872
$1,148
Average Auburndale, Florida Tax Savings
Ownwell’s Auburndale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Auburndale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Auburndale 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 Auburndale. 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 Auburndale, Florida
Property taxes in Auburndale, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Auburndale is 1.02%, higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Auburndale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Auburndale 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 Auburndale's effective property tax rate to other counties in Florida and the national median. For comparison, the 33823 zip code has the highest median property tax rate of 1.02%, while the same zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Auburndale provides valuable insights into the varying tax landscape across Polk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Auburndale Tax Rate
1.02%
Average Polk County Tax Rate
1.16%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Auburndale, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33823 | 0.36% | 0.60% | 1.02% | 1.46% | 1.67% |
Source: Ownwell
$1,148
Average Auburndale Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Auburndale, Florida
In Auburndale, 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 Polk 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 Auburndale, 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 Auburndale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the median home price is $194,118, with tax bills ranging from $816 at the 25th percentile to $3,879 at the 90th percentile. The highest and lowest median tax bills are both found in the 33823 zip code, at $1,597.
Average Auburndale Assessed Value
$194,118
Average Polk County Assessed Value
$203,226
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Auburndale, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33823 | $50,000 | $110,082 | $194,118 | $262,436 | $346,797 |
Source: Ownwell
$1,148
Average Auburndale Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Auburndale, Florida
In Auburndale, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, in Polk County, the median home price is $194,118. Tax bills in the 25th percentile are around $816, while those in the 75th percentile can reach up to $2,731. The highest median tax bill recorded in the area is $1,597, which is significantly lower than the national median property tax rate of 0.99%. Several factors influence these tax bills, including changes in the housing market, property improvements, and local government budgets. High property taxes can be a financial burden for homeowners, making it essential to ensure that the assessed value of their property is accurate. Ownwell can help homeowners in Auburndale save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell can potentially reduce the assessed value, leading to lower tax bills and significant savings for homeowners.
Average Auburndale Tax Bill
$1,597
Average Polk County Tax Bill
$1,931
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Auburndale, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33823 | $476 | $816 | $1,597 | $2,731 | $3,879 |
Source: Ownwell
$1,148
Average Auburndale 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 10 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Polk Property Appraiser | |
| Website | www.polkpa.org |
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