Port Saint Lucie, Florida Property Taxes
The median property tax rate in Port Saint Lucie, FL is 1.39%, notably higher than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Port Saint Lucie at $320,900, the typical annual property tax bill reaches $4,369, surpassing the national median of $2,690. Property taxes in Port Saint Lucie are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence exemption. Understanding Port Saint Lucie's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Port Saint Lucie or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Port Saint Lucie, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$4,461
$4,217
Ownwell’s Port Saint Lucie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Port Saint Lucie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Port Saint Lucie to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Port Saint Lucie, Florida
Property taxes in Port Saint Lucie, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Port Saint Lucie is 1.39%, higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Port Saint Lucie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Port Saint Lucie estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Port Saint Lucie's effective property tax rate to other areas in Florida and the national median. For comparison, the 34987 zip code has the highest median property tax rate of 1.83%, while the 34952 zip code has the lowest median tax rate of 1.24%. Understanding how these areas compare with Port Saint Lucie provides valuable insights into the varying tax landscape across St. Lucie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Port Saint Lucie Tax Rate
1.39%
Average St. Lucie County Tax Rate
1.39%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Port Saint Lucie, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34952 | 0.43% | 0.67% | 1.24% | 1.93% | 2.18% |
34953 | 0.57% | 0.74% | 1.35% | 2.08% | 2.40% |
34983 | 0.51% | 0.68% | 1.29% | 1.97% | 2.21% |
34984 | 0.55% | 0.77% | 1.38% | 2.07% | 2.44% |
34986 | 0.79% | 1.06% | 1.43% | 2.08% | 2.34% |
34987 | 1.04% | 1.41% | 1.83% | 2.41% | 2.81% |
Source: Ownwell
Property Tax Assessment Values Across Port Saint Lucie, Florida
In Port Saint Lucie, Florida, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the St. Lucie County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Port Saint Lucie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest median tax bill is 34987 at $6,668, while the lowest is 34952 at $3,143.
Property Tax Assessment Values Across Port Saint Lucie, Florida
Source: Ownwell
$152,600
$361,550
$570,500
Average Port Saint Lucie Assessed Value
$320,900
Average St. Lucie County Assessed Value
$307,200
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Port Saint Lucie, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34952 | $147,600 | $201,800 | $262,800 | $332,300 | $405,800 |
34953 | $242,800 | $284,800 | $333,400 | $394,300 | $454,500 |
34983 | $223,400 | $254,950 | $295,000 | $341,000 | $407,600 |
34984 | $243,500 | $278,200 | $321,800 | $397,600 | $505,440 |
34986 | $214,300 | $284,600 | $344,200 | $424,100 | $530,080 |
34987 | $74,630 | $313,000 | $383,400 | $452,000 | $526,300 |
Source: Ownwell
Property Tax Bills Across Port Saint Lucie, Florida
In Port Saint Lucie, located in St. Lucie County, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is a percentage of the property's market value. Several factors influence this assessed value, including the property's location, size, and any improvements made. Homeowners in Port Saint Lucie can expect a median home price of $320,900, with tax bills varying significantly across different percentiles. For instance, the 25th percentile tax bill is approximately $2,584, while the 75th percentile tax bill reaches around $6,582. Those in the 90th percentile can see tax bills as high as $8,502. The highest median tax bill in the area is $6,668 in the 34987 zip code, contrasting with the lowest median tax bill of $3,143 in the 34952 zip code. These variations can significantly affect homeowners, impacting their annual budgets and financial planning. Compared to the national median property tax rate of 0.99%, these figures highlight the local nuances in property taxation.
Average Port Saint Lucie Tax Bill
$4,369
Average St. Lucie County Tax Bill
$3,974
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Port Saint Lucie, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34952 | $851 | $1,681 | $3,143 | $5,042 | $6,999 |
34953 | $1,636 | $2,624 | $4,489 | $6,555 | $8,116 |
34983 | $1,294 | $2,105 | $3,795 | $5,661 | $7,242 |
34984 | $1,553 | $2,520 | $4,568 | $6,941 | $9,555 |
34986 | $2,539 | $3,495 | $4,774 | $6,968 | $9,089 |
34987 | $2,242 | $4,407 | $6,668 | $8,890 | $10,743 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
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Tax Bill | |
Issued | November 1 |
Links | |
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St. Lucie Property Appraiser | |
Website | paslc.gov |