Average Tax Assessment in Gilchrist County
Real Estate Values and Property Tax Valuation in Gilchrist County, Florida
Gilchrist County has a total of 5,526 properties with a cumulative value of $609.6M, representing 0.03% of all real estate value in Florida. Property taxes in Gilchrist County totaled $7.0M, with an average homeowner paying $1,260 in property taxes compared to the state average of $3,597. The average property tax rate in Gilchrist County is 1.14%, lower than the state average of 1.34%. Property taxes are based on the assessed value of the property, which is typically lower than the market value.
In Florida, property values are assessed on January 1st. Property value notices are issued in August and property tax appeal deadlines are typically 25 days from the date of the value notices, which is usually in September. Property tax bills are issued on November 1st.
Updated November 01, 2023
| Important Links | |
|---|---|
| Gilchrist Property Appraiser | (352) 463-3190 |
| Important Dates | |
|---|---|
| Property Valuation Date: | January 1st |
| Property Value Notices Issued: | August |
| Property Tax Appeal Deadline: | September or 25 days from date of value notices |
| Property Tax Bills Issued: | November 1st |
| Real Property Tax Bill Due (1st of #): | March 31st |
| Available Exemptions | |
|---|---|
| Early Payment Discount | Available |
| Senior | Available |
| Disabled | Available |
| Homestead | Available |
| Veteran | Available |
| Solar/Wind | Available |
| Charitable | Available |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Gilchrist County
Residential Property Taxes by Cities in Gilchrist County
Gilchrist County has an average property tax rate of 1.14%, which is slightly lower than the state average of 1.19%. This rate is applied to all properties in the county, regardless of location. However, the effective property tax rate can vary significantly from city to city. For example, the city of Branford has the highest effective property tax rate in the county at 1.22%, while the city of High Springs has the lowest effective property tax rate at 1.03%. This means that property owners in Branford will pay more in property taxes than those in High Springs. Overall, Gilchrist County has a relatively low property tax rate compared to other counties in the state, making it an attractive place to live for those looking to save on their property taxes.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Gilchrist County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bell | $38,350 | $56,332 | $85,051 | $128,849 | $183,298 |
| Branford | $42,481 | $62,660 | $92,508 | $145,808 | $224,652 |
| High Springs | $54,910 | $75,448 | $124,394 | $181,517 | $235,978 |
| Trenton | $29,707 | $49,251 | $81,134 | $132,153 | $202,119 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Gilchrist County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bell | $278 | $551 | $866 | $1,564 | $2,320 |
| Branford | $308 | $596 | $1,044 | $1,781 | $3,080 |
| High Springs | $390 | $634 | $1,192 | $1,985 | $2,770 |
| Trenton | $243 | $533 | $859 | $1,561 | $2,407 |
Effective Property Tax Rate
The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bell | 0.72% | 0.98% | 1.02% | 1.21% | 1.27% |
| Branford | 0.73% | 0.95% | 1.13% | 1.22% | 1.37% |
| High Springs | 0.71% | 0.84% | 0.96% | 1.09% | 1.17% |
| Trenton | 0.82% | 1.08% | 1.06% | 1.18% | 1.19% |
Reduce your property tax bill with Ownwell!
Real Estate Values in Gilchrist County
The home prices in Gilchrist County, Florida have seen a significant increase from October 2022 to October 2023, with a 116.57% increase in median home price. This is likely due to the decrease in home inventory, as there were 58 homes available in October 2022, compared to only 50 homes available in October 2023. This indicates that demand for homes in Gilchrist County is increasing, leading to an increase in home prices.
Average Home Value in Gilchrist County, Florida
Last updated: November 2023
Percent Change in Total Home Sales in Gilchrist County
Last updated: November 2023
Percent Change in New Home Listings in Gilchrist County
Last updated: November 2023
Reduce your property tax bill with Ownwell
Mortgage Rates in Gilchrist County
Mortgages in Gilchrist County are a major source of financing for homeowners. According to recent statistics, there is a total of $175.4M in outstanding loan amounts across home mortgages in the county. This represents 1.4K outstanding loans, which is a significant portion of the total home value in the county.
The median mortgage rate in Gilchrist County varies across cities. Bell has the highest median mortgage rate at 4.42%, while Trenton has the lowest at 4.17%. This variation in rates across cities can make a significant difference in the cost of a mortgage loan. It is important for potential homeowners to research the mortgage rates in their area to ensure they are getting the best deal.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Gilchrist County by city.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bell | $18,004 | $42,749 | $84,114 | $152,941 | $267,752 |
| Branford | $33,512 | $68,399 | $110,264 | $163,396 | $258,295 |
| High Springs | $30,514 | $60,681 | $109,634 | $170,163 | $237,729 |
| Trenton | $23,924 | $46,480 | $96,083 | $154,865 | $223,562 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Gilchrist County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bell | 2.90% | 3.70% | 4.42% | 5.69% | 7.00% |
| Branford | 2.90% | 3.55% | 4.18% | 5.34% | 6.18% |
| High Springs | 3.10% | 3.70% | 4.38% | 5.50% | 6.25% |
| Trenton | 2.90% | 3.54% | 4.17% | 5.50% | 6.50% |
Housing Expenses in Gilchrist County, Florida
Reduce your property tax bill with Ownwell
With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.
How Ownwell works?
- Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
- Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
- Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
- When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.