Deland, Florida Property Taxes
The median property tax rate in DeLand, FL is 0.90%, which is lower than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $272,362 in DeLand, the typical annual property tax bill amounts to $2,387, which is also below the national median of $2,690. Property taxes in DeLand are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding DeLand'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 DeLand 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
Deland, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$2,451
$2,275
$1,148
Average Tax Savings
Ownwell’s DeLand Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in DeLand with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DeLand 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 DeLand. 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 Deland, Florida
Property taxes in DeLand, Florida, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in DeLand is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within DeLand set these rates annually, and they can vary significantly across different neighborhoods. Each year, DeLand 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 DeLand's effective property tax rate to other counties in Florida and the national median. For comparison, the 32724 zip code has the highest median property tax rate of 0.93%, while the 32720 zip code has the lowest median tax rate of 0.85%. Understanding how these cities compare with DeLand 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 Deland Tax Rate
0.90%
Average Volusia County Tax Rate
0.93%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Deland, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32720 | 0.31% | 0.53% | 0.85% | 1.34% | 1.64% |
32724 | 0.34% | 0.58% | 0.93% | 1.31% | 1.62% |
Source: Ownwell
$1,148
Average Deland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Deland, Florida
In DeLand, 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 DeLand, 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. For example, the highest median tax bill in DeLand is $2,518 in the 32724 zip code, while the lowest is $2,232 in the 32720 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Deland Assessed Value
$272,362
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 Deland, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32720 | $134,926 | $184,385 | $261,060 | $341,222 | $453,186 |
32724 | $133,681 | $194,842 | $279,554 | $358,587 | $442,908 |
Source: Ownwell
$1,148
Average Deland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Deland, Florida
In DeLand, Volusia 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. For example, with a median home price of $272,362, homeowners in DeLand can expect property tax bills ranging from $1,223 at the 25th percentile to $5,007 at the 90th percentile. The highest median tax bill in the area is $2,518 in ZIP code 32724, while the lowest is $2,232 in ZIP code 32720. These tax bills can significantly impact homeowners' annual expenses. Ownwell can assist homeowners in DeLand by providing expert property tax appeal and exemption services. By reviewing the assessed value and identifying discrepancies or potential exemptions, Ownwell helps ensure homeowners are not overpaying on their property taxes. This can lead to substantial savings, making homeownership more affordable and manageable.
Average Deland Tax Bill
$2,387
Average Volusia County Tax Bill
$2,466
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Deland, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32720 | $668 | $1,178 | $2,232 | $3,478 | $4,891 |
32724 | $651 | $1,256 | $2,518 | $3,813 | $5,069 |
Source: Ownwell
$1,148
Average Deland 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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