Brooksville, Florida Property Taxes
Real Estate Values and Property Tax Valuation in Brooksville, Florida
The city of Brooksville has 22,620 properties with a cumulative value of $3.3B, representing 25.28% of all real estate value in Hernando County. Property taxes in Brooksville totaled $42.0M, with an average homeowner paying $1,859 in property taxes compared to the county average of $2,089. The average property tax rate in Brooksville is 1.29%, the same as the county average. 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 | |
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Hernando Property Appraiser | (352) 754-4190 |
Important Dates | |
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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 | |
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Early Payment Discount | Available |
Senior | Available |
Disabled | Available |
Homestead | Available |
Veteran | Available |
Solar/Wind | Available |
Charitable | Available |
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Real Estate Statistics in Brooksville, Florida
Residential Property Tax by ZIP code in Brooksville, Florida
Brooksville, Florida has an average property tax rate of 1.29%, which is the same as the average property tax rate for Hernando County. This rate applies to all properties in the city, regardless of their ZIP code. However, the effective property tax rate can vary across different ZIP codes in Brooksville. For example, the ZIP code 34601 has an effective property tax rate of 1.37%, while the ZIP code 34604 has an effective property tax rate of 1.2%. This difference is due to the fact that home values can vary significantly across different ZIP codes in Brooksville.
Overall, Brooksville has a relatively low property tax rate compared to other cities in Florida. This makes it an attractive place to live for those looking to save money on their property taxes. However, it is important to note that the effective property tax rate can vary significantly across different ZIP codes in Brooksville, so it is important to research the property tax rate for the specific ZIP code you are considering before making a decision.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each ZIP code in Brooksville, Florida. 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.
ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
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34601 | $37,869 | $61,198 | $107,227 | $193,684 | $292,132 |
34602 | $48,165 | $77,694 | $137,068 | $205,343 | $319,102 |
34604 | $45,324 | $93,042 | $163,722 | $215,232 | $290,028 |
34613 | $53,417 | $64,440 | $85,400 | $130,816 | $180,229 |
34614 | $74,188 | $117,790 | $162,055 | $206,448 | $278,676 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each ZIP code in Brooksville, Florida.
ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34601 | $514 | $832 | $1,337 | $2,264 | $3,791 |
34602 | $600 | $915 | $1,636 | $2,621 | $3,665 |
34604 | $637 | $992 | $1,757 | $2,739 | $3,611 |
34613 | $492 | $728 | $1,180 | $1,728 | $2,711 |
34614 | $811 | $1,193 | $1,874 | $2,756 | $3,636 |
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.
ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
34601 | 1.36% | 1.36% | 1.25% | 1.17% | 1.30% |
34602 | 1.25% | 1.18% | 1.19% | 1.28% | 1.15% |
34604 | 1.41% | 1.07% | 1.07% | 1.27% | 1.25% |
34613 | 0.92% | 1.13% | 1.38% | 1.32% | 1.50% |
34614 | 1.09% | 1.01% | 1.16% | 1.33% | 1.30% |
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Real Estate Values in Brooksville, Florida
Average Home Value in Brooksville, Florida
Last updated: November 2023
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We currently do not have this data but we are working to add this soon.
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Housing Expenses in Brooksville, Florida
Housing expenses are a major part of the average household budget in the state. In fact, housing expenses account for nearly one-third of total expenses for the average household. As inflation continues, housing expenses continue to rise, eating up an ever-increasing portion of the household budget. Property taxes are the second largest component of housing expenses for the average property owner in the state, making up a significant portion of the total housing expenses. As housing expenses continue to rise, it is important for households to budget carefully and plan for the future to ensure they can afford their housing expenses.
Monthly Consumer Expenses for South region
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