Florahome, Putnam County, Florida Property Taxes
Median Florahome, FL effective property tax rate: 1.10%, slightly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Florahome, FL home value: $111,230
Median annual Florahome, FL tax bill: $1,007, $1,393 lower than the national median property tax bill of $2,400.
How are property taxes in Putnam calculated?
Property taxes in Florahome, 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 Florahome’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Florahome, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Florahome, Putnam County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.1%
Estimate Property Tax Bill
$1,224
$1,135
Property Tax Rates Across Florahome, 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Florahome in Putnam County, FL, offers a unique perspective on property tax rates. The effective property tax rate here stands at 1.10%, which is notably above the national median of 1.02%. This rate is consistent throughout the county, as both the highest and lowest median tax rates in Putnam County are 1.10%. This consistency provides a stable tax environment for property owners, though it remains higher than the national average.
Comparing Florahome’s rate to other cities in Florida, it aligns with the state median, providing insight into the region's tax strategy. Understanding these rates helps property owners make informed decisions about their investments and potential tax liabilities.
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 Florahome Tax Rate
1.10%
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 Florahome, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32140 | 0.51% | 0.68% | 1.10% | 1.61% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Florahome, Putnam County, Florida
When examining property taxes in Florahome, 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 Property Appraiser's Office 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 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 Florahome.
For example, the median home price in Florahome is $111,230, with tax bills ranging significantly across the county. Zip code 32140 has the highest median home price at $111,230.
Property Tax Assessment Values Across Florahome, Putnam County, Florida
Source: Ownwell
$45,600
$139,250
$232,900
Median Florahome Market Value
$111,230
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 Florahome, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32140 | $20,290 | $57,930 | $111,230 | $189,765 | $288,752 |
Source: Ownwell
Property Tax Bills Across Florahome, Putnam County, Florida
Median Florahome Tax Bill
$1,007
Median Putnam County Tax Bill
$977
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Florahome, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32140 | $259 | $533 | $1,007 | $1,962 | $3,253 |
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 |