East Palatka, Putnam County, Florida Property Taxes
Median East Palatka, FL effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median East Palatka, FL home value: $135,880
Median annual East Palatka, FL tax bill: $1,221, $1,179 lower than the national median property tax bill of $2,400.
How are property taxes in Putnam County calculated?
Property taxes in East Palatka, 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 East Palatka’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in East Palatka, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
East Palatka, Putnam County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.94%
Estimate Property Tax Bill
$1,277
$1,185
Property Tax Rates Across East Palatka, Putnam County, Florida
Local government entities set tax rates, which can vary widely within a state. Annually, each county 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, in a nutshell, this is the annual process.
East Palatka in Putnam County, Florida, showcases an effective property tax rate of 0.94%. This rate is slightly below the national median property tax rate of 1.02%. Comparatively, the median property tax rate in Florida aligns with East Palatka's rate, reflecting a consistent approach across the state. For residents, this means that the property tax bill is likely to be lower than the national median of $2,400. The uniformity in East Palatka’s rate within Florida’s range offers a stable and predictable tax environment for property owners. Understanding these dynamics can help property owners make informed decisions about their investments and potential savings through tax appeals or exemptions.
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 East Palatka Tax Rate
0.94%
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 Putnam County Tax Rate
1.17%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across East Palatka, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32131 | 0.53% | 0.69% | 0.94% | 1.61% | 1.86% |
Source: Ownwell
Property Tax Assessment Values Across East Palatka, Putnam County, Florida
When examining property taxes in East Palatka, 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 Putnam County appraisal district 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 Putnam County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 East Palatka. For example, the median home price in East Palatka is $135,880, with tax bills ranging significantly across the county. ZIP code 32131 has the highest median home price at $135,880.
Property Tax Assessment Values Across East Palatka, Putnam County, Florida
Source: Ownwell
$45,600
$139,250
$232,900
Median East Palatka Market Value
$135,880
Median Putnam County Market Value
$96,560
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across East Palatka, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32131 | $32,726 | $71,280 | $135,880 | $258,940 | $464,884 |
Source: Ownwell
Property Tax Bills Across East Palatka, Putnam County, Florida
Median East Palatka Tax Bill
$1,221
Median Putnam County Tax Bill
$977
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across East Palatka, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32131 | $342 | $674 | $1,221 | $2,481 | $4,676 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Putnam Property Appraiser | |
| Website | apps.putnam-fl.com |