Fountain, Washington County, Florida Property Taxes
Median Fountain, Florida effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median Fountain, Florida home value: $99,102
Median annual Fountain, Florida tax bill: $884, $1,516 lower than the national median property tax bill of $2,400.
How are property taxes in Washington calculated?
Property taxes in Fountain, Florida 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 Fountain’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fountain, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fountain, Washington County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.22%
Estimate Property Tax Bill
$1,209
$1,122
Property Tax Rates Across Fountain, Washington County, Florida
Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Fountain, located in Washington County, FL, the effective property tax rate is a reflection of this process. The median property tax rate in Florida is 0.83%, which is lower than the national median of 1.02%. This suggests that property owners in Fountain may benefit from relatively lower property tax rates compared to other parts of the country. However, when compared to other cities in Florida, Fountain's tax rate might still be higher or lower, depending on local government decisions and budgetary needs. Understanding these factors can help property owners anticipate their tax liabilities and explore potential savings through property tax appeals or exemptions.
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 Fountain Tax Rate
1.22%
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 Washington County Tax Rate
0.80%
Median Effective Florida Tax Rate
1.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fountain, Washington County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32438 | 0.29% | 0.54% | 1.22% | 1.31% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Fountain, Washington County, Florida
When examining property taxes in Fountain, 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 Washington 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 Washington 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 Fountain. For example, the median home price in Fountain is $99,102, with tax bills ranging significantly across the county. Zip code 32438 has the highest median home price at $99,102.
Property Tax Assessment Values Across Fountain, Washington County, Florida
Source: Ownwell
$62,285
$81,685
$101,085
Median Fountain Market Value
$99,102
Median Washington County Market Value
$92,402
Median Florida Market Value
$276,648
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fountain, Washington County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32438 | $45,117 | $62,385 | $99,102 | $138,560 | $152,672 |
Source: Ownwell
Property Tax Bills Across Fountain, Washington County, Florida
In Fountain, located in Washington County, FL, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value, and the local tax rate is applied to this assessed value to determine the tax bill. Homeowners in Fountain typically face property tax bills ranging from $491 at the 25th percentile to $1994 at the 90th percentile. The median tax bill in the area stands at $884, which is significantly lower than the national median of $2400. This lower tax burden can be attributed to both the relatively low market values and tax rates in the region.
Factors such as changes in market value and local tax rates can impact the tax bill over time. Homeowners may find their bills increasing if property values rise or if local governments adjust tax rates. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By leveraging their expertise, homeowners can potentially reduce their tax liabilities, ensuring they pay only what is fair and just.
Median Fountain Tax Bill
$884
Median Washington County Tax Bill
$731
Median Florida Tax Bill
$2,953
Median United States Tax Bill
$2,400
Property Tax Bills Across Fountain, Washington County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32438 | $157 | $491 | $884 | $1,296 | $1,994 |
Source: Ownwell