Palm Beach Gardens Property Tax
In-depth Palm Beach County, FL Property Tax Information
Get in-depth information on all of the factors that affect your targeted property's taxes with a free account. Access a rundown of its value, tax rates and tax exemptions, like in the sample below.
See detailed property tax information from the sample report for 3543 S Ocean Blvd, Palm Beach County, FL
Property Tax Calculation
The Florida Property Tax Statute and the Florida State Constitution are the main legal documents regarding taxation in the State of Florida. Taxes are determined at local levels, being used for schools, fire and police protection, and other public services and benefits.
Market Value
Market value is the price a property would sell for when both buyer and seller seek the best price and neither is under pressure to buy or sell. Market value in Florida is evaluated as of January 1, based upon sales of comparable properties in the previous year.
Assessed Value
Assessed value is the property's value before any exemptions are deducted but after the application of any assessment reductions, limitations or caps, and taking into account the value placed on any agricultural land. For non-homestead properties, the assessed value is the value placed on a property after a 10% cap is factored. Usually assessed value is equal to market value.
Property Tax
Base tax is calculated by multiplying property's assessed value by the corresponding millage rates and is an estimate of what an owner not benefiting from any exemptions would pay. The rates are expressed as millages (i.e the actual rates multiplied by 1000).
Special assessments are applicable in some taxing districts and are calculated based on a rate schedule set by each governing body, instead of on property value.
Current tax is calculated by adding special assessments to the base tax amount, and it represents the final amount the current owner is paying.
Actual taxes might differ from the figures displayed here due to various abatement and financial assistance programs.
For more information please visit the web pages of Palm Beach County's Appraiser and Tax Collector or look up this property's current tax situation.
Tax per Square Foot
Click on the map to expand.
This map shows property tax in correlation with square footage of the property.
Property tax | $6,898 |
---|---|
Tax year | 2021 |
Square feet | 1,372 |
Tax per sqft | $5 |
Assessment History
Palm Beach County Stats for Property Taxes
For an easier overview of the difference in tax rates between counties, explore the charts below. You can also get additional insights on median home values, income levels and homeownership rates in your area.
Effective tax rate (%)
Palm Beach County
0.0103% of Asessed Home Value
Florida
0.0089% of Asessed Home Value
National
0.0114% of Asessed Home Value
Median real estate taxes paid
Median home value
Median income
Owner occupied housing (%)
Renter occupied housing (%)
Looking for Tax Rates in Your Area?
Instantly view tax ranges per square foot in specific areas by navigating the map below. You can also search for a property by address and explore its micro tax report.
Frequently Asked Questions on Property Taxes
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Source: https://www.propertyshark.com/mason/info/Property-Taxes/FL/Palm-Beach-County/
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