Eloise, Florida Property Taxes
The median property tax rate in Eloise, FL is 1.95%, considerably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Eloise, the typical annual property tax bill reaches $761, which is lower than the national median of $2,690. Property taxes in Eloise 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 Eloise'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 Eloise or another part of Polk County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Eloise, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.95%
Estimate Property Tax Bill
$755
$701
$1,148
Average Tax Savings
Ownwell’s Eloise Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eloise with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eloise 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 Eloise. 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 Eloise, Florida
Property taxes in Eloise, Florida, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eloise is 1.95%, significantly higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Eloise set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eloise 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 Eloise's effective property tax rate to other areas in Florida and the national median. For comparison, the zip code 33880 has the highest median property tax rate of 1.95%, while the lowest median tax rate is also 1.95% in the same zip code. Understanding how these areas compare with Eloise 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 regions.
Average Eloise Tax Rate
1.95%
Average Polk County Tax Rate
1.16%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eloise, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33880 | 0.87% | 1.14% | 1.95% | 2.47% | 3.17% |
Source: Ownwell
$1,148
Average Eloise Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Eloise, Florida
In Eloise, 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 Eloise, 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. The median home price in Eloise is $38,712, with property tax bills ranging from $567 at the 25th percentile to $1,062 at the 90th percentile. The zip code 33880 has the highest and lowest median tax bill of $761. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Eloise Assessed Value
$38,712
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 Eloise, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33880 | $20,020 | $25,380 | $38,712 | $57,868 | $60,772 |
Source: Ownwell
$1,148
Average Eloise Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Eloise, Florida
In Eloise, Polk County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate. For Eloise, the median home price is $38,712, and property tax bills vary significantly. Homeowners in the 25th percentile pay around $567, while those in the 75th percentile face bills of approximately $895. The highest median tax bill recorded in the area is $761 in the 33880 zip code, which also happens to be the lowest. Compared to the national median property tax rate of 0.99%, Eloise’s tax rates can be burdensome for some homeowners. Factors such as property location, home improvements, and market trends influence these assessments. Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging local expertise and comprehensive data analysis, Ownwell can help homeowners challenge their assessments and potentially lower their tax bills, ensuring they only pay their fair share.
Average Eloise Tax Bill
$761
Average Polk County Tax Bill
$1,931
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Eloise, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33880 | $433 | $567 | $761 | $895 | $1,062 |
Source: Ownwell
$1,148
Average Eloise 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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