Bartow, Florida Property Taxes
The median property tax rate in Bartow, FL is 0.92%, slightly lower than the national median of 0.99% and significantly below the Florida state median of 1.14%. With the median home value in Bartow at $161,949, the typical annual property tax bill is approximately $1,375, which is less than the national median of $2,690. Property taxes in Bartow are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Bartow'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 Bartow or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bartow, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$1,490
$1,383
$1,148
Average Tax Savings
Ownwell’s Bartow Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bartow with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bartow 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 Bartow. 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 Bartow, Florida
Property taxes in Bartow, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bartow is 0.92%, which is slightly below the U.S. national median of 0.99%. Local government entities within Bartow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bartow 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 Bartow's effective property tax rate to other counties in Florida and the national median. For comparison, the zip code 33830 has the highest median property tax rate of 0.92%, while the same zip code also has the lowest median tax rate of 0.92%. Understanding how these cities compare with Bartow 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 Bartow Tax Rate
0.92%
Average Polk County Tax Rate
1.16%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bartow, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33830 | 0.35% | 0.53% | 0.92% | 1.48% | 1.78% |
Source: Ownwell
$1,148
Average Bartow Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Bartow, Florida
In Bartow, 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 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 Bartow, 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. Bartow’s median home price stands at $161,949, with tax bills ranging from $724 at the 25th percentile to $3,344 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bartow Assessed Value
$161,949
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 Bartow, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33830 | $63,084 | $111,322 | $161,949 | $229,332 | $301,246 |
Source: Ownwell
$1,148
Average Bartow Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Bartow, Florida
In Bartow, located in Polk County, FL, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county property appraiser, reflecting the property's market value. Factors influencing this value include the home's size, age, location, and market conditions. The tax rate is then applied to this assessed value to calculate the annual property tax bill. For homeowners in Bartow, property tax bills can vary widely. For instance, the tax bill at the 25th percentile is $724, while at the 75th percentile, it reaches $2318, and at the 90th percentile, it climbs to $3344. This variability can significantly impact homeowners' finances. Ownwell can assist homeowners in Bartow by identifying potential discrepancies in their property's assessed value and filing appeals to reduce the tax bill. By leveraging local expertise and comprehensive data analysis, Ownwell ensures homeowners only pay their fair share, potentially saving them hundreds or even thousands of dollars annually.
Average Bartow Tax Bill
$1,375
Average Polk County Tax Bill
$1,931
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Bartow, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
33830 | $469 | $724 | $1,375 | $2,318 | $3,344 |
Source: Ownwell
$1,148
Average Bartow 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 | |
---|---|
Polk Property Appraiser | |
Website | www.polkpa.org |
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