Georgetown, Putnam County, Florida Property Taxes
Median Georgetown, FL effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Georgetown, FL home value: $79,970
Median annual Georgetown, FL tax bill: $822, $1,578 lower than the national median property tax bill of $2,400.
How are property taxes in Putnam calculated?
Property taxes in Georgetown, 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 Georgetown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Georgetown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Georgetown, Putnam County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.43%
Estimate Property Tax Bill
$1,144
$1,061
Property Tax Rates Across Georgetown, Putnam County, Florida
Local government entities in Florida are responsible for setting property tax rates, and these can differ significantly within the state. The process begins with each county estimating its budgetary needs for essential services. This budget is then divided by the total value of all taxable properties within the county, resulting in the property tax rate. Although voting and legislative processes are involved in determining these rates and budgets, this is the fundamental annual procedure.
In Georgetown, which is located in Putnam County, the property tax rate reflects this statewide calculation method. When comparing Georgetown's effective property tax rate to other cities in Florida, it's important to note that the median property tax rate in Florida is 1.43%, which is higher than the national median of 1.02%. This means that property owners in Georgetown may experience higher tax bills compared to the national average. Understanding these rates can help property owners make informed decisions and potentially explore options for appealing or reducing their property tax obligations.
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 Georgetown Tax Rate
1.43%
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 Georgetown, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32139 | 0.47% | 0.67% | 1.43% | 1.69% | 1.96% |
Source: Ownwell
Property Tax Assessment Values Across Georgetown, Putnam County, Florida
When examining property taxes in Georgetown, Florida, 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 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.
Assessment notices are sent in the spring each year in Putnam County. 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 Georgetown.
For example, the median home price in Georgetown is $79,970, with tax bills ranging significantly across the county. Zip code 32139 has the highest median home price at $79,970.
Property Tax Assessment Values Across Georgetown, Putnam County, Florida
Source: Ownwell
$45,600
$139,250
$232,900
Median Georgetown Market Value
$79,970
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 Georgetown, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32139 | $24,414 | $48,300 | $79,970 | $144,765 | $263,089 |
Source: Ownwell
Property Tax Bills Across Georgetown, Putnam County, Florida
In Georgetown, Putnam County, FL, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the property's market value, which is influenced by various factors like location and home features. The local tax rate is set by county authorities and can vary annually based on budgetary needs. Homeowners in Georgetown experience a median property tax bill of $822, which is significantly lower than the national median of $2400. However, even with a lower tax bill, understanding the factors that affect this amount is crucial for homeowners aiming to manage their expenses effectively.
Ownwell offers valuable assistance to homeowners looking to reduce their property tax bills. By providing expert property tax appeal services, Ownwell helps ensure that homes are assessed fairly. This can result in substantial savings, especially for those in the higher tax brackets. With Ownwell's guidance, homeowners can navigate the complexities of property tax assessments, potentially lowering their tax obligations and easing their financial burden.
Median Georgetown Tax Bill
$822
Median Putnam County Tax Bill
$977
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Georgetown, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32139 | $259 | $483 | $822 | $1,603 | $3,344 |
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 |