Steinhatchee, Taylor County, Florida Property Taxes

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

Median Steinhatchee, FL effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Steinhatchee, FL home value: $126,720
Median annual Steinhatchee, FL tax bill: $1,160, $1,240 lower than the national median property tax bill of $2,400.

How are property taxes in Taylor County calculated?

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

Last Updated March 1, 2025

Steinhatchee, Taylor County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.19%

Estimate Property Tax Bill

$1,508

$1,399

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

Property Tax Rates Across Steinhatchee, Taylor County, Florida

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Steinhatchee’s effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.

Steinhatchee in Taylor County has a median property tax rate of 1.19%, which is notably higher than the national median of 1.02%. This means residents in Steinhatchee might find themselves paying more in property taxes compared to the average American homeowner. At the same time, this rate is consistent across the county, as Steinhatchee's tax rate is both the highest and lowest in the area. Understanding these dynamics can help property owners in Steinhatchee make informed decisions about their property investments and tax liabilities.

Property Tax Rates Across Steinhatchee, Taylor County, Florida

Source: Ownwell

0.57%

0.88%

1.19%

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 Steinhatchee Tax Rate

1.19%

Median Effective Taylor County Tax Rate

0.85%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Steinhatchee, Taylor County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32359	0.37%	0.57%	1.19%	1.45%	1.68%

Source: Ownwell

Property Tax Assessment Values Across Steinhatchee, Taylor County, Florida

When examining property taxes in Steinhatchee, Florida, 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 Taylor 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 Taylor County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Steinhatchee. For example, the median home price in Steinhatchee is $126,720, with tax bills ranging significantly across the county. Zip code 32359 has the highest median home price at $126,720.

Property Tax Assessment Values Across Steinhatchee, Taylor County, Florida

Source: Ownwell

$85,390

$106,055

$126,720

Median Steinhatchee Market Value

$126,720

Median Taylor County Market Value

$95,180

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Steinhatchee, Taylor County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32359	$51,388	$77,380	$126,720	$202,005	$304,292

Source: Ownwell

Property Tax Bills Across Steinhatchee, Taylor County, Florida

In Steinhatchee, located in Taylor County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. Homeowners in Steinhatchee can expect a median property tax bill of $1,160, which is significantly lower than the national median of $2,400. However, tax bills can vary widely, with amounts ranging from the 25th percentile tax bill of $655 to the 90th percentile tax bill of $3,475. Factors such as property improvements, market conditions, and local government budgets can influence these assessments and, consequently, the tax bill. Homeowners may struggle with high tax bills, especially if their property's assessed value does not accurately reflect its market value. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners potentially reduce their tax burden by ensuring their property assessments are fair and accurate.

Property Tax Bills Across Steinhatchee, Taylor County, Florida

Source: Ownwell

$504

$832

$1,160

Median Steinhatchee Tax Bill

$1,160

Median Taylor County Tax Bill

$767

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Steinhatchee, Taylor County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32359	$326	$655	$1,160	$2,145	$3,475

Source: Ownwell