Worthington Springs, Union County, Florida Property Taxes

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

Median Worthington Springs, FL effective property tax rate: 1.55%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Worthington Springs, FL home value: $43,766
Median annual Worthington Springs, FL tax bill: $603, $1,797 lower than the national median property tax bill of $2,400.

How are property taxes in Union County calculated?

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

Last Updated March 1, 2025

Worthington Springs, Union County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.55%

Estimate Property Tax Bill

$678

$630

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

Property Tax Rates Across Worthington Springs, Union County, Florida

Local government entities set tax rates, which can vary widely within a state. 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, this is the annual process in a nutshell.

In Worthington Springs, located in Union County, FL, the effective property tax rate is notably higher than the national median of 1.02%. The city shares the same rate as the highest and lowest median tax rates in the state. This consistency in rates within the city indicates a uniform approach to property tax assessments, which may be beneficial for property owners seeking predictability in their annual tax bills.

Comparing this to the national landscape, Worthington Springs' property tax rate suggests a more significant financial commitment from property owners, potentially reflecting the quality of local services or the budgetary needs of the county. Understanding these rates can be crucial for homeowners and prospective buyers when evaluating the overall cost of property ownership in the area.

Property Tax Rates Across Worthington Springs, Union County, Florida

Source: Ownwell

0.88%

1.22%

1.55%

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 Worthington Springs Tax Rate

1.55%

Median Effective Union County Tax Rate

0.97%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Worthington Springs, Union County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32697	0.57%	0.91%	1.55%	1.81%	2.40%

Source: Ownwell

Property Tax Assessment Values Across Worthington Springs, Union County, Florida

When examining property taxes in Worthington Springs, 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 Union 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 Union 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 Worthington Springs. For example, the median home price in Worthington Springs is $43,766, with tax bills ranging significantly across the county. Zip code 32697 has the highest median home price at $43,766.

Property Tax Assessment Values Across Worthington Springs, Union County, Florida

Source: Ownwell

$43,766

$58,733

$73,699

Median Worthington Springs Market Value

$43,766

Median Union County Market Value

$71,721

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Worthington Springs, Union County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32697	$13,140	$24,277	$43,766	$70,434	$115,845

Source: Ownwell

Property Tax Bills Across Worthington Springs, Union County, Florida

In Worthington Springs, located in Union County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is influenced by factors such as the home's market value, location, and any applicable exemptions. In Worthington Springs, the median home price is $43,766, resulting in a typical tax bill of around $603, which is significantly lower than the national median property tax bill of $2,400. Homeowners in Worthington Springs may find that their tax bills fall between the 25th percentile of $352 and the 90th percentile of $1,935, depending on specific property characteristics and exemptions. Ownwell assists homeowners by reviewing their property assessments and identifying opportunities for appeals or exemptions, potentially lowering their tax burden. By leveraging expert knowledge and experience, Ownwell can help homeowners in Worthington Springs navigate the property tax system, ensuring they pay only their fair share and potentially saving them money on their annual tax bills.

Property Tax Bills Across Worthington Springs, Union County, Florida

Source: Ownwell

$514

$597

$680

Median Worthington Springs Tax Bill

$603

Median Union County Tax Bill

$664

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Worthington Springs, Union County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32697	$182	$352	$603	$952	$1,935

Source: Ownwell