Green Cove Springs, Putnam County, Florida Property Taxes
Median Green Cove Springs, FL effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Green Cove Springs, FL home value: $232,900
Median annual Green Cove Springs, FL tax bill: $2,031, $369 lower than the national median property tax bill of $2,400.
How are property taxes in Putnam County calculated?
Property taxes in Green Cove Springs, 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 Green Cove Springs’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Green Cove Springs, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Green Cove Springs, Putnam County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.93%
Estimate Property Tax Bill
$2,166
$2,010
Property Tax Rates Across Green Cove Springs, Putnam County, Florida
Local government entities in Florida set property tax rates, which can vary across the state. Each year, counties like Clay estimate their budget needs to provide services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. This process, although influenced by votes and laws, essentially boils down to this annual calculation.
In Green Cove Springs, located in Clay County, the effective property tax rate stands out when compared to other cities in Florida. The median property tax rate in Florida is 0.93%, which is below the national median of 1.02%. This makes Florida an attractive option for property owners seeking lower tax rates.
Green Cove Springs offers a competitive property tax environment, with its rate aligning with the median for the state. This can be a significant factor for homeowners and investors considering the area, as lower property taxes can lead to substantial savings over time. Comparing Green Cove Springs to the national average, residents enjoy a favorable tax climate that enhances the appeal of living and investing in this charming city.
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 Green Cove Springs Tax Rate
0.93%
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 Green Cove Springs, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32043 | 0.51% | 0.68% | 0.93% | 1.39% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Green Cove Springs, Putnam County, Florida
When examining property taxes in Green Cove Springs, 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 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 Green Cove Springs. For example, the median home price in Green Cove Springs is $232,900, with tax bills ranging significantly across the county. Zip code 32043 has the highest median home price at $232,900.
Property Tax Assessment Values Across Green Cove Springs, Putnam County, Florida
Source: Ownwell
$45,600
$139,250
$232,900
Median Green Cove Springs Market Value
$232,900
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 Green Cove Springs, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32043 | $44,460 | $109,520 | $232,900 | $373,870 | $525,770 |
Source: Ownwell
Property Tax Bills Across Green Cove Springs, Putnam County, Florida
Median Green Cove Springs Tax Bill
$2,031
Median Putnam County Tax Bill
$977
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Green Cove Springs, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32043 | $595 | $1,141 | $2,031 | $3,459 | $5,614 |
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 |