Saint Lucie Village, Florida Property Taxes
The median property tax rate in Saint Lucie Village, FL is 1.27%, notably higher than both the national median of 0.99% and Florida's state median of 1.14%. With the median home value in Saint Lucie Village at $167,600, the typical annual property tax bill reaches $2,137, which is below the national median of $2,690. Property taxes in Saint Lucie Village are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Lucie Village'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 Saint Lucie Village 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
Saint Lucie Village, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$2,129
$2,012
Ownwell’s Saint Lucie Village Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Saint Lucie Village with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Lucie Village 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 Saint Lucie Village, Florida
Property taxes in Saint Lucie Village, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Lucie Village is 1.27%, which is notably higher than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Saint Lucie Village set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Lucie Village 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 Saint Lucie Village's effective property tax rate to other counties in Florida and the national median. For comparison, the highest median property tax rate in the region is 1.27%, while the lowest median tax rate is significantly lower. Understanding how these cities compare with Saint Lucie Village 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 Saint Lucie Village Tax Rate
1.27%
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 Saint Lucie Village, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Saint Lucie Village, Florida
In Saint Lucie Village, 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 Property Appraiser 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. In Saint Lucie Village, 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 Saint Lucie Village helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price is $167,600, and the tax bills range from $2,137 at the 25th percentile to $2,137 at the 90th percentile.
Property Tax Assessment Values Across Saint Lucie Village, Florida
Source: Ownwell
$152,600
$361,550
$570,500
Average Saint Lucie Village Assessed Value
$167,600
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 Saint Lucie Village, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Saint Lucie Village, Florida
In Saint Lucie Village, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and reflects the property's market value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For homeowners in Saint Lucie Village, the tax rate is a crucial factor, as it directly influences the amount they will need to pay. Several factors are considered when determining the assessed value, including the property's location, size, condition, and comparable sales in the area. In Saint Lucie Village, the median home price is $167,600, and the property tax bill can vary significantly. For instance, the tax bill at the 25th, 75th, and 90th percentiles is consistently $2,137. This figure indicates that many homeowners in the area pay a similar amount in property taxes, which can impact their overall financial planning and housing affordability. Comparatively, the national median property tax rate is 0.99%, highlighting how local rates can differ from national trends.
Average Saint Lucie Village Tax Bill
$2,137
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 Saint Lucie Village, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Tax Bill | |
| Issued | November 1 |
Links | |
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| St. Lucie Property Appraiser | |
| Website | paslc.gov |