Wellborn, Suwannee County, Florida Property Taxes

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

Median Wellborn, FL effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Wellborn, FL home value: $78,601
Median annual Wellborn, FL tax bill: $886, $1,514 lower than the national median property tax bill of $2,400.

How are property taxes in Suwannee County calculated?

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

Last Updated March 1, 2025

Wellborn, Suwannee County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.17%

Estimate Property Tax Bill

$920

$853

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

Property Tax Rates Across Wellborn, Suwannee County, Florida

Local government entities determine property tax rates, which can differ significantly within a state. Annually, each county estimates its required budget to deliver services and divides 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 Wellborn, located in Suwannee County, Florida, the effective property tax rate is 1.17%, which is slightly above the national median of 1.02%. This rate is consistent across the county, as both the highest and lowest median tax rates are the same. When compared to the national median property tax bill of $2,400, property owners in Wellborn may find their tax bills to be relatively higher due to the higher rate. Understanding these rates can help property owners in Wellborn make informed decisions about their property investments and potential tax appeals.

Property Tax Rates Across Wellborn, Suwannee County, Florida

Source: Ownwell

1.14%

1.26%

1.38%

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 Wellborn Tax Rate

1.17%

Median Effective Suwannee County Tax Rate

1.19%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wellborn, Suwannee County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32094	0.62%	0.96%	1.17%	1.71%	2.22%

Source: Ownwell

Property Tax Assessment Values Across Wellborn, Suwannee County, Florida

When examining property taxes in Wellborn, 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 Suwannee 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 Suwannee 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 Wellborn. For example, the median home price in Wellborn is $78,601, with tax bills ranging significantly across the county. Zip code 32094 has the highest median home price at $78,601.

Property Tax Assessment Values Across Wellborn, Suwannee County, Florida

Source: Ownwell

$63,987

$79,695

$95,403

Median Wellborn Market Value

$78,601

Median Suwannee County Market Value

$82,568

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wellborn, Suwannee County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32094	$36,331	$53,471	$78,601	$122,981	$180,431

Source: Ownwell

Property Tax Bills Across Wellborn, Suwannee County, Florida

In Wellborn, located in Suwannee County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Wellborn is $78,601, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. While the national median property tax rate stands at 1.02%, Wellborn homeowners see a median tax bill of $886, with the 25th percentile at $629 and the 75th percentile reaching $1,408. This can significantly impact homeowners, as property taxes are a considerable annual expense. Ownwell assists homeowners in Wellborn by offering expert property tax appeal and exemption services. By reviewing assessments and identifying discrepancies, Ownwell can help reduce the tax burden, ensuring homeowners only pay their fair share. This service is essential in helping homeowners manage their expenses and potentially save hundreds on their property tax bills.

Property Tax Bills Across Wellborn, Suwannee County, Florida

Source: Ownwell

$727

$924

$1,121

Median Wellborn Tax Bill

$886

Median Suwannee County Tax Bill

$983

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Wellborn, Suwannee County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32094	$378	$629	$886	$1,408	$2,133

Source: Ownwell