Debary, Florida Property Taxes
The median property tax rate in DeBary, FL is 0.79%, which is lower than both the national median of 0.99% and the Florida state median of 1.14%. With the median home value in DeBary, the typical annual property tax bill is $2,548, falling below the national median of $2,690. Property taxes in DeBary are calculated based on the tax assessed value, which often is lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding DeBary's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of DeBary or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Debary, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$2,537
$2,398
$1,148
Average Debary, Florida Tax Savings
Ownwell’s DeBary Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in DeBary with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DeBary to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in DeBary. 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 Debary, Florida
Property taxes in Debary, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Debary is 0.79%, which is lower than the U.S. national median of 0.99%. Local government entities within Debary set these rates annually, and they can vary significantly across different neighborhoods. Each year, Debary 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 Debary's effective property tax rate to other counties in Florida and the national median. For comparison, the zip code 32713 has the highest median property tax rate of 0.79%, while the same zip code also has the lowest median tax rate of 0.79%. Understanding how these areas compare with Debary provides valuable insights into the varying tax landscape across Volusia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Debary Tax Rate
0.79%
Average Volusia County Tax Rate
0.93%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Debary, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32713 | 0.39% | 0.56% | 0.79% | 1.17% | 1.39% |
Source: Ownwell
$1,148
Average Debary Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Debary, Florida
In DeBary, 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 Volusia County Property Appraiser 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. In DeBary, assessment notices 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. Being aware of these valuation processes in DeBary helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in DeBary is $321,082, with tax bills ranging from $1,544 at the 25th percentile to $4,892 at the 90th percentile. The highest and lowest median tax bills, both at $2,548, are found in zip code 32713.
Average Debary Assessed Value
$321,082
Average Volusia County Assessed Value
$274,208
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Debary, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32713 | $166,995 | $229,266 | $321,082 | $396,584 | $482,889 |
Source: Ownwell
$1,148
Average Debary Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Debary, Florida
In Debary, located in Volusia County, FL, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine your annual property tax bill. For example, with a median home price of $321,082, homeowners in Debary can expect tax bills ranging from $1,544 at the 25th percentile to $4,892 at the 90th percentile. The median tax bill in the area is $2,548, which is significantly lower than the national median property tax rate of 0.99%. Several factors influence the assessed value, including property size, location, and market conditions. High property taxes can place a financial burden on homeowners, making it essential to ensure your property is accurately assessed. Ownwell can help homeowners in Debary by providing property tax appeal and exemption services. Our experts review your property's assessed value, identify potential discrepancies, and file appeals on your behalf, potentially saving you hundreds or even thousands of dollars on your property tax bill.
Average Debary Tax Bill
$2,548
Average Volusia County Tax Bill
$2,466
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Debary, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32713 | $826 | $1,544 | $2,548 | $3,653 | $4,892 |
Source: Ownwell
$1,148
Average Debary Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Volusia Property Appraiser | |
| Website | vcpa.vcgov.org |
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