San Mateo, Putnam County, Florida Property Taxes

Name: Property Tax Bills Across San Mateo, Putnam County, Florida
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median San Mateo, FL effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median San Mateo, FL home value: $111,690
Median annual San Mateo, FL tax bill: $1,024, $1,376 lower than the national median property tax bill of $2,400.

How are property taxes in Putnam calculated?

Property taxes in San Mateo, 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 San Mateo’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in San Mateo, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

San Mateo, Putnam County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.89%

Estimate Property Tax Bill

$994

$922

Ownwell’s San Mateo Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in San Mateo with just two data points.

By entering your property's estimated assessed value, our calculator applies San Mateo’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Putnam.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across San Mateo, Putnam County, Florida

Local government entities in Florida set property tax rates, which can vary significantly across the state. This variation arises because each county, including Putnam County, estimates its required budget annually to provide essential services. The county then divides this budget by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. Although setting tax rates and budgets involves votes and laws, this is essentially the annual process.

In San Mateo, located in Putnam County, the effective property tax rate can be compared to other cities in Florida, as well as the median property tax rates in the state and across the U.S. While the national median property tax rate is 1.02%, Florida's median rate is slightly lower. This comparison provides valuable insight for property owners in San Mateo, as understanding these rates can lead to potential savings through appeals and exemptions. By staying informed, property owners can make educated decisions about their property taxes, ensuring they are not overpaying and are taking advantage of any available benefits.

Property Tax Rates Across San Mateo, Putnam County, Florida

Source: Ownwell

0.89%

1.25%

1.61%

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 San Mateo Tax Rate

0.89%

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 San Mateo, Putnam County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32187	0.52%	0.69%	0.89%	1.63%	1.94%

Source: Ownwell

Property Tax Assessment Values Across San Mateo, Putnam County, Florida

When examining property taxes in San Mateo, 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.

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 San Mateo.

For example, the median home price in San Mateo is $111,690, with tax bills ranging significantly across the county. The zip code 32187 has the highest median home price at $111,690.

Property Tax Assessment Values Across San Mateo, Putnam County, Florida

Source: Ownwell

$45,600

$139,250

$232,900

Median San Mateo Market Value

$111,690

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 San Mateo, Putnam County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32187	$31,582	$64,200	$111,690	$198,896	$304,212

Source: Ownwell

Property Tax Bills Across San Mateo, Putnam County, Florida

In San Mateo, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The tax rate in Putnam County is applied to this assessed value to calculate the annual tax bill. Factors such as local government budgets and public service funding needs influence the tax rate. The median home price in the area is $111,690, which results in a tax bill that can vary significantly. For instance, homeowners in the 25th percentile pay around $649, while those in the 90th percentile face bills up to $3051. This variation highlights the impact of property taxes on homeowners, potentially straining finances, especially when tax bills exceed the national median of $2400. Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell helps clients secure fairer tax bills, ensuring they pay only what is necessary.

Property Tax Bills Across San Mateo, Putnam County, Florida

Source: Ownwell

$726

$1,379

$2,031

Median San Mateo Tax Bill

$1,024

Median Putnam County Tax Bill

$977

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across San Mateo, Putnam County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32187	$327	$649	$1,024	$1,896	$3,051

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