Mims, Volusia County, Florida Property Taxes
Median Mims, FL effective property tax rate: 0.85%, significantly lower than the national median of 1.02%, but lower than the Florida state median of 1.14%. Median Mims, FL home value: $298,375. Median annual Mims, FL tax bill: $2,643, $243 higher than the national median property tax bill of $2,400.
How are property taxes in Volusia calculated?
Property taxes in Mims, 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 Mims’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mims, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mims, Volusia County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.85%
Estimate Property Tax Bill
$2,536
$2,354
$1,102
Average Tax Savings
Property Tax Rates Across Mims, Volusia County, Florida
Local government entities determine property tax rates, which can differ significantly within a state. Each year, counties estimate their budgets to deliver essential services and divide this by the total assessed value of all taxable properties in their area. This calculation determines the property tax rate. Although votes and regulations play a role in setting these rates and budgets, this is the fundamental annual process.
You can compare MIMS’s effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S. MIMS, located in Volusia County, has a median property tax rate of 0.85%, which is below the national median of 1.02%. This means that homeowners in MIMS might pay less in property taxes compared to the national average. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively. By staying informed, you can make strategic decisions about property investments and appeals, ensuring that you are not overpaying on your property taxes.
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 Mims Tax Rate
0.85%
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 Volusia County Tax Rate
0.93%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mims, Volusia County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32754 | 0.51% | 0.70% | 0.85% | 1.49% | 1.70% |
Source: Ownwell
$1,102
Average Mims Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Mims, Volusia County, Florida
When examining property taxes in Mims, 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 Volusia 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 Volusia 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 Mims.
For example, the median home price in Mims is $298,375, with tax bills ranging significantly across the county. Zip code 32754 has the highest median home price at $298,375.
Property Tax Assessment Values Across Mims, Volusia County, Florida
Source: Ownwell
$60,687
$277,766
$494,844
Median Mims Market Value
$298,375
Median Volusia County Market Value
$274,208
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mims, Volusia County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32754 | $116,831 | $214,078 | $298,375 | $421,433 | $538,603 |
Source: Ownwell
$1,102
Average Mims Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Mims, Volusia County, Florida
In Mims, located in Volusia County, Florida, property tax bills are calculated based on the assessed value of a home, which is determined by the local property appraiser. The assessed value is then multiplied by the local tax rate to determine the tax bill. With a median home price of $298,375, homeowners in Mims face tax bills that vary significantly. The tax bill at the 25th percentile is $1,651, while at the 75th percentile, it reaches $4,007. The 90th percentile tax bill climbs to $5,943. Notably, the median property tax bill of $2,643 in Mims is slightly above the national median of $2,400, reflecting the local tax rate's impact on homeowners.
Homeowners can often feel the burden of these taxes, but Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing your property’s assessment and identifying discrepancies, Ownwell can help reduce your tax burden, potentially saving you hundreds or even thousands of dollars annually.
Median Mims Tax Bill
$2,643
Median Volusia County Tax Bill
$2,466
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Mims, Volusia County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32754 | $943 | $1,651 | $2,643 | $4,007 | $5,943 |
Source: Ownwell
$1,102
Average Mims 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 1 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Volusia Property Appraiser | |
| Website | vcpa.vcgov.org |
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