Saint Marks, Wakulla County, Florida Property Taxes

Name: Property Tax Bills Across Saint Marks, Wakulla County, Florida
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Saint Marks, FL effective property tax rate: 1.27%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Saint Marks, FL home value: $108,878
Median annual Saint Marks, FL tax bill: $1,272, $1,128 lower than the national median property tax bill of $2,400.

How are property taxes in Wakulla County calculated?

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

Last Updated March 1, 2025

Saint Marks, Wakulla County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.27%

Estimate Property Tax Bill

$1,383

$1,283

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

Property Tax Rates Across Saint Marks, Wakulla County, Florida

Local government entities set tax rates, and these can differ significantly within a state. Each year, counties estimate their budget needs for services and divide this by the total value of all taxable property within their area to determine the property tax rate. Although the process involves votes and laws, this is the annual routine in a nutshell.

Saint Marks in Wakulla County, Florida, showcases an effective property tax rate that stands out when compared to other cities in the state and the national landscape. The median property tax rate in Florida is 1.27%, which is notably above the national median of 1.02%. This means that property owners in Saint Marks might experience higher tax bills than the national average, which is $2400. However, it is essential to remember that tax rates are only one part of the equation, as the assessed value of properties also plays a crucial role. Understanding how these factors interact can help property owners make informed decisions about their property taxes and potential appeals or exemptions.

Property Tax Rates Across Saint Marks, Wakulla County, Florida

Source: Ownwell

1.04%

1.23%

1.41%

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 Saint Marks Tax Rate

1.27%

Median Effective Wakulla County Tax Rate

1.08%

Median Effective Florida Tax Rate

1.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Saint Marks, Wakulla County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32355	0.59%	0.92%	1.27%	2.11%	2.31%

Source: Ownwell

Property Tax Assessment Values Across Saint Marks, Wakulla County, Florida

When examining property taxes in Saint Marks, Florida, 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 Wakulla 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 Wakulla County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Saint Marks. For example, the median home price in Saint Marks is $108,878, with tax bills ranging significantly across the county. Zip code 32355 has the highest median home price at $108,878.

Property Tax Assessment Values Across Saint Marks, Wakulla County, Florida

Source: Ownwell

$96,771

$114,074

$131,377

Median Saint Marks Market Value

$108,878

Median Wakulla County Market Value

$127,534

Median Florida Market Value

$276,648

Median United States Market Value

$235,294

Property Tax Assessment Values Across Saint Marks, Wakulla County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32355	$37,121	$52,850	$108,878	$185,497	$249,452

Source: Ownwell

Property Tax Bills Across Saint Marks, Wakulla County, Florida

In Saint Marks, located in Wakulla County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the local property appraiser. This value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Saint Marks experience a range of tax bills, with the 25th percentile at $749 and the 75th percentile at $2,305, compared to the national median of $2,400. The highest median tax bill recorded in the area is $1,272 in the 32355 zip code. Factors such as property size, location, and market conditions can influence the assessed value, impacting the final tax bill. For homeowners, this can mean significant financial implications, especially if the property is over-assessed. Ownwell offers property tax appeal and exemption services to help homeowners reduce their tax burden. By analyzing property assessments and market trends, Ownwell identifies potential savings, ensuring homeowners pay only their fair share.

Property Tax Bills Across Saint Marks, Wakulla County, Florida

Source: Ownwell

$1,116

$1,268

$1,419

Median Saint Marks Tax Bill

$1,272

Median Wakulla County Tax Bill

$1,391

Median Florida Tax Bill

$2,953

Median United States Tax Bill

$2,400

Property Tax Bills Across Saint Marks, Wakulla County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32355	$458	$749	$1,272	$2,305	$3,572

Source: Ownwell