Lakeshore, Polk County, Florida Property Taxes
Median Lakeshore, FL effective property tax rate: 1.69%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Lakeshore, FL home value: $52,000
Median annual Lakeshore, FL tax bill: $884, $1,516 lower than the national median property tax bill of $2,400.
How are property taxes in Polk calculated?
Property taxes in Lakeshore, FL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Lakeshore’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lakeshore, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lakeshore, Polk County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.69%
Estimate Property Tax Bill
$879
$816
$1,102
Average Tax Savings
Property Tax Rates Across Lakeshore, Polk County, Florida
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Lakeshore, located in Polk County, Florida, property tax rates reflect this process. Compared to other cities in Florida, Lakeshore's effective property tax rate offers a unique perspective on how local governments manage their fiscal responsibilities. Although Florida's median property tax rate is lower than the national median of 1.02%, it's essential to note that Lakeshore's rate mirrors the highest and lowest median tax rates within its zip code. This consistency highlights the uniformity in tax assessment within the region. By understanding these dynamics, property owners in Lakeshore can make informed decisions about their investments and financial planning.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Lakeshore Tax Rate
1.69%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Polk County Tax Rate
1.16%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lakeshore, Polk County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33854 | 0.61% | 0.89% | 1.69% | 1.70% | 1.70% |
Source: Ownwell
$1,102
Average Lakeshore Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Lakeshore, Polk County, Florida
When examining property taxes in Lakeshore, FL, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Polk County Property Appraiser estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Polk County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lakeshore. For example, the median home price in Lakeshore is $52,000, with tax bills ranging significantly across the county. Zip code 33854 has the highest median home price at $52,000.
Property Tax Assessment Values Across Lakeshore, Polk County, Florida
Source: Ownwell
$33,000
$153,520
$274,039
Median Lakeshore Market Value
$52,000
Median Polk County Market Value
$203,226
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lakeshore, Polk County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33854 | $52,000 | $52,000 | $52,000 | $53,500 | $79,500 |
Source: Ownwell
$1,102
Average Lakeshore Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Lakeshore, Polk County, Florida
In Lakeshore, FL, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The county's property tax rate is applied to this assessed value to calculate the tax bill. Homeowners in Lakeshore typically face a median tax bill of $884, which is considerably lower than the national median of $2,400. Factors such as property location, size, and improvements can influence the assessed value, thereby affecting the tax bill. For instance, homes in the 33854 zip code within Polk County have a median tax bill of $884, reflecting the area's specific property values and tax rates.
Ownwell assists homeowners by offering property tax appeal services to potentially lower their assessed value, thus reducing their tax burden. By analyzing local market trends and comparable property values, Ownwell identifies opportunities for savings. Homeowners who engage Ownwell's expertise can benefit from a more manageable tax bill, ensuring they are not overpaying on their property taxes.
Median Lakeshore Tax Bill
$884
Median Polk County Tax Bill
$1,931
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Lakeshore, Polk County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33854 | $337 | $583 | $884 | $898 | $959 |
Source: Ownwell
$1,102
Average Lakeshore 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 1 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Polk Property Appraiser | |
| Website | www.polkpa.org |
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