Perry, Taylor County, Florida Property Taxes
The median property tax rate in Perry, FL is 0.82%, which is notably lower than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $92,085 in Perry, the typical annual property tax bill amounts to $733, significantly below the national median of $2,690. Property taxes in Perry are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Perry's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in considerable annual savings. Whether you're in the heart of Perry or another part of Taylor County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Perry, Taylor County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.82%
Estimate Property Tax Bill
$755
$701
Ownwell’s Perry Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Perry with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Perry 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 Perry, Taylor County, Florida
Property taxes in Perry, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Perry is 0.82%, lower than both the Florida state median and the U.S. national median of 0.99%. Local government entities within Perry set these rates annually, and they can vary significantly across different neighborhoods. Each year, Perry 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 Perry's effective property tax rate to other counties in Florida and the national median. For comparison, the 32348 zip code has the highest median property tax rate of 0.99%, while the 32347 zip code has the lowest median tax rate of 0.71%. Understanding how these cities compare with Perry provides valuable insights into the varying tax landscape across Taylor County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Perry Tax Rate
0.82%
Average Taylor County Tax Rate
0.85%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Perry, Taylor County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32347 | 0.33% | 0.53% | 0.71% | 1.44% | 1.70% |
| 32348 | 0.37% | 0.57% | 0.99% | 1.50% | 1.75% |
Source: Ownwell
Property Tax Assessment Values Across Perry, Taylor County, Florida
In Perry, 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 Taylor 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 in Perry 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. In Perry, the highest median tax bill is $786 in the 32348 zip code, while the lowest median tax bill is $667 in the 32347 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Perry, Taylor County, Florida
Source: Ownwell
$85,390
$106,055
$126,720
Average Perry Assessed Value
$92,085
Average Taylor County Assessed Value
$95,180
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Perry, Taylor County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32347 | $31,435 | $55,882 | $93,130 | $144,328 | $215,138 |
| 32348 | $29,798 | $51,678 | $91,080 | $155,315 | $254,755 |
Source: Ownwell
Property Tax Bills Across Perry, Taylor County, Florida
Property tax bills in Perry, located in Taylor County, FL, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county's property appraiser and reflects the market value of the home. For instance, the median home price in Perry is $92,085. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the final tax bill, including property size, location, and any exemptions for which the homeowner qualifies. In Perry, the tax bills vary significantly, with the 25th percentile at $418 and the 75th percentile at $1,376, indicating a broad range of property values and tax burdens. The highest median tax bill in the area is $786 in the 32348 zip code, while the lowest is $667 in the 32347 zip code. Understanding these factors helps homeowners anticipate their tax obligations and manage their finances accordingly.
Average Perry Tax Bill
$733
Average Taylor County Tax Bill
$767
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Perry, Taylor County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32347 | $178 | $399 | $667 | $1,217 | $1,910 |
| 32348 | $186 | $431 | $786 | $1,485 | $2,676 |
Source: Ownwell