Satsuma, Putnam County, Florida Property Taxes

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

Satsuma, FL's median effective property tax rate stands at 1.30%, significantly higher than the national median of 1.02%, but lower than Florida's state median of 1.14%. The median home value in Satsuma is $84,780. The median annual tax bill for Satsuma is $870, which is $1,530 lower than the national median property tax bill of $2,400.

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

Last Updated March 1, 2025

Satsuma, Putnam County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.3%

Estimate Property Tax Bill

$1,102

$1,023

Ownwell’s Satsuma Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Satsuma with just two data points. By entering your property's estimated assessed value, our calculator applies Satsuma’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 County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Satsuma, Putnam County, Florida

Local government entities set tax rates, and these can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide services, dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Satsuma, located in Putnam County, the effective property tax rate stands at 1.30%. This rate is notably higher than the national median property tax rate of 1.02%. Despite this, Satsuma's rate aligns with Florida's median rate, reflecting the state's broader tax landscape. Homeowners in Satsuma face property tax bills that are above the national median bill of $2,400. Comparing Satsuma's tax rate to other cities in Florida provides a clearer picture of how local tax policies impact residents. Understanding these rates is crucial for property owners looking to manage their expenses effectively.

Property Tax Rates Across Satsuma, 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 Satsuma Tax Rate

1.30%

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 Satsuma, Putnam County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32189	0.53%	0.71%	1.30%	1.76%	2.07%

Source: Ownwell

Property Tax Assessment Values Across Satsuma, Putnam County, Florida

When examining property taxes in Satsuma, 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 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 Satsuma. For example, the median home price in Satsuma is $84,780, with tax bills ranging significantly across the county. Zip code 32189 has the highest median home price at $84,780.

Property Tax Assessment Values Across Satsuma, Putnam County, Florida

Source: Ownwell

$45,600

$139,250

$232,900

Median Satsuma Market Value

$84,780

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 Satsuma, Putnam County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32189	$28,028	$48,319	$84,780	$132,918	$200,735

Source: Ownwell

Property Tax Bills Across Satsuma, Putnam County, Florida

In Satsuma, located in Putnam County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county tax assessor. This value is then multiplied by the local tax rate to determine the annual tax bill. In Satsuma, the median home price is $84,780, which is significantly lower than the national average. The property tax bills in the area vary, with the 25th percentile at $547 and the 75th percentile reaching $1,527. Despite the lower home prices, residents can face tax bills that impact their financial planning, especially when they approach the 90th percentile, which is $2,380. This is slightly below the national median property tax bill of $2,400. Ownwell helps homeowners in Satsuma by providing property tax appeal and exemption services, ensuring they are not overpaying. By analyzing individual property assessments and identifying discrepancies, Ownwell can assist in potentially reducing tax liabilities, offering peace of mind and financial relief to homeowners.

Property Tax Bills Across Satsuma, Putnam County, Florida

Source: Ownwell

$726

$1,379

$2,031

Median Satsuma Tax Bill

$870

Median Putnam County Tax Bill

$977

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Satsuma, Putnam County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32189	$259	$547	$870	$1,527	$2,380

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