Orange City, Florida Property Taxes
The median property tax rate in Orange City, FL is 0.83%, 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 $241,026 in Orange City, the typical annual property tax bill is $2,116, falling below the national median of $2,690. Property taxes in Orange City are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Orange City'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 Orange City or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Orange City, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$2,001
$1,893
$1,148
Average Orange City, Florida Tax Savings
Ownwell’s Orange City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orange City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orange City 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 Orange City. 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 Orange City, Florida
Property taxes in Orange City, Florida, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orange City is 0.83%, which is lower than the U.S. national median of 0.99%. Local government entities within Orange City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orange City 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 Orange City's effective property tax rate to other areas in Florida and the national median. For comparison, the 32763 zip code has the highest median property tax rate of 0.83%, while the same zip code also has the lowest median tax rate of 0.83%. Understanding how these cities compare with Orange City 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 Orange City Tax Rate
0.83%
Average Volusia County Tax Rate
0.93%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orange City, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32763 | 0.35% | 0.45% | 0.83% | 1.39% | 1.66% |
Source: Ownwell
$1,148
Average Orange City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Orange City, Florida
In Orange City, Florida, understanding the distinction between "market value" and "assessed value" is essential for grasping property taxes. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as 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 Orange City, 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 Orange City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Orange City is $241,026, with tax bills ranging from $1,020 at the 25th percentile to $4,346 at the 90th percentile. The zip code 32763 has the highest median tax bill of $2,116.
Average Orange City Assessed Value
$241,026
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 Orange City, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32763 | $149,134 | $193,720 | $241,026 | $304,611 | $381,616 |
Source: Ownwell
$1,148
Average Orange City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Orange City, Florida
In Orange City, Volusia County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value typically reflects a percentage of the property's market value. Factors such as property size, location, and improvements can influence this assessed value. Homeowners in Orange City face property tax bills that vary widely, with the 25th percentile tax bill at $1,020 and the 75th percentile reaching $3,184. The highest median tax bill in the area is $2,116, found in the 32763 zip code. The property tax rate in Orange City is influenced by local government budgets and voter-approved measures. This variability can significantly impact homeowners, making it essential to ensure their property is fairly assessed. Ownwell can assist homeowners by providing property tax appeal and exemption services. By analyzing comparable property values and identifying discrepancies in assessments, Ownwell helps homeowners potentially lower their tax bills, ensuring they pay only their fair share.
Average Orange City Tax Bill
$2,116
Average Volusia County Tax Bill
$2,466
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across Orange City, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32763 | $754 | $1,020 | $2,116 | $3,184 | $4,346 |
Source: Ownwell
$1,148
Average Orange City 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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