Saint Lucie West, Florida Property Taxes
The median property tax rate in Saint Lucie West, FL is 0.48%, significantly lower than the national median of 0.99% and the Florida state median of 1.14%. With the median home value in Saint Lucie West at $431,400, the typical annual property tax bill amounts to $2,049, which is below the national median of $2,690. Property taxes in Saint Lucie West are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Lucie West'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 West 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 West, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$2,071
$1,922
Ownwell’s Saint Lucie West Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Lucie West with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Lucie West 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 West, Florida
Property taxes in Saint Lucie West, Florida, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Lucie West is 0.48%, which is lower than the U.S. national median of 0.99%. Local government entities within Saint Lucie West set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Lucie West 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 West's effective property tax rate to other counties in Florida and the national median. For comparison, the 34986 zip code has the highest median property tax rate of 0.48%, while the 34986 zip code also has the lowest median tax rate of 0.48%. Understanding how these areas compare with Saint Lucie West 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 West Tax Rate
0.48%
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 West, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34986 | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Saint Lucie West, Florida
In Saint Lucie West, 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 West, 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. The median home price in Saint Lucie West is $431,400, with the highest and lowest median tax bills both being $2049 in the 34986 zip code. Being aware of these valuation processes in Saint Lucie West helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Saint Lucie West, Florida
Source: Ownwell
$152,600
$361,550
$570,500
Average Saint Lucie West Assessed Value
$431,400
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 West, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34986 | $431,400 | $431,400 | $431,400 | $431,400 | $431,400 |
Source: Ownwell
Property Tax Bills Across Saint Lucie West, Florida
In Saint Lucie West, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property improvements, location, and market trends can influence the assessed value. For homeowners in Saint Lucie West, the median home price is $431,400, and the property tax rate aligns closely with the national median of 0.99%. This results in a median tax bill of $2,049. The tax bill remains consistent across the 25th, 75th, and 90th percentiles, indicating a stable tax environment. Homeowners can expect their property taxes to be a predictable and manageable part of their annual expenses. This stability can be beneficial for budgeting and financial planning, making Saint Lucie West an attractive place for property investment.
Average Saint Lucie West Tax Bill
$2,049
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 West, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34986 | $2,049 | $2,049 | $2,049 | $2,049 | $2,049 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| St. Lucie Property Appraiser | |
| Website | paslc.gov |