Ponce De Leon, Walton County, Florida Property Taxes

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget annually to provide services, then dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Ponce de Leon’s effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.

Ponce de Leon, located in Walton County, Florida, boasts a property tax rate of 0.71%. This is significantly lower than the national median property tax rate of 1.02%, offering residents a more affordable tax environment. The uniformity of the tax rate across the county, with both the highest and lowest median tax rates at 0.71%, further highlights the consistency in the region. This can be particularly appealing for homeowners seeking predictability in their property tax bills. In comparison to the national median property tax bill of $2,400, residents in Ponce de Leon benefit from a more favorable tax climate, making it an attractive location for property ownership.