Union County Property Taxes
The median property tax rate in Union County is 0.97%, which is slightly lower than the national median of 0.99% and significantly lower than Florida's state median of 1.14%. With a median home value of $71,721 in Union County, the typical annual property tax bill is $664, well below the national median of $2,690. Property taxes in Union County are calculated based on the tax assessed value, which is generally lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Union County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Lake Butler or another part of Union County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Union County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$696
$658
Ownwell’s Union County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Union County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Union County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Union County, Florida
Property taxes in Union County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Union County is 0.97%, which is slightly below the U.S. national median of 0.99%. Local government entities within Union County set these rates annually, and they can vary significantly between different areas within the county. Each year, Union County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Union County's effective property tax rate with other areas in Florida and the national median. For comparison, the city of Worthington Springs has one of the higher property tax rates in Florida at 1.55%, while the city of Raiford boasts one of the lowest at 0.88%. Analyzing how Union County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Union County Tax Rate
0.97%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Union County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Lake Butler | 0.48% | 0.72% | 0.97% | 1.49% | 1.92% |
| Lawtey | 0.43% | 0.65% | 0.98% | 1.04% | 1.64% |
| Raiford | 0.43% | 0.64% | 0.88% | 1.64% | 1.95% |
| Worthington Springs | 0.57% | 0.91% | 1.55% | 1.81% | 2.40% |
Source: Ownwell
Property Tax Assessment Values Across Union County, Florida
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Union County. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Union County Appraisal District. The assessed value, however, 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 Union County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, in Lake Butler, homeowners face the highest median tax bill at $680, while those in Lawtey have the lowest at $514. Being aware of these valuation processes in Union County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Union County Assessed Value
$71,721
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Union County, Florida
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Lake Butler | $29,044 | $46,268 | $73,699 | $118,423 | $167,639 |
| Lawtey | $29,655 | $35,877 | $55,081 | $90,657 | $118,909 |
| Raiford | $26,725 | $36,756 | $58,812 | $87,879 | $116,716 |
| Worthington Springs | $13,140 | $24,277 | $43,766 | $70,434 | $115,845 |
Source: Ownwell
Property Tax Bills Across Union County, Florida
In Union 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 determine the annual tax bill. For example, a home with a median price of $71,721 would have its tax bill calculated using the local rate, resulting in varying amounts depending on specific assessments and exemptions. Several factors influence the final tax bill, including property location, exemptions for which the homeowner may qualify, and any changes in the assessed value of the property. In Union County, the tax bill can range significantly. At the 25th percentile, homeowners might pay around $411, while those at the 75th percentile could see bills up to $1,205. The 90th percentile tax bill can reach as high as $1,863. Notably, Lake Butler has the highest median tax bill at $680, whereas Lawtey has the lowest at $514. These variations impact homeowners differently, depending on their property's assessed value and applicable exemptions.
Average Union County Tax Bill
$664
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Union County, Florida
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Lake Butler | $206 | $424 | $680 | $1,244 | $1,911 |
| Lawtey | $176 | $367 | $514 | $937 | $1,129 |
| Raiford | $157 | $294 | $573 | $810 | $1,283 |
| Worthington Springs | $182 | $352 | $603 | $952 | $1,935 |
Source: Ownwell