Real Estate Values and Property Tax Valuation in Tampa, Florida

Tampa has 213,967 properties with a cumulative value of $56.6B, making up 53.59% of all real estate value in Hillsborough County. Property taxes in Tampa totaled $786.2M across these properties, with an average of $3,678 paid by homeowners compared to the county average of $3,601. The average property tax rate in Tampa is 1.39%, lower than the county average of 1.47%. Properties are valued for tax purposes based on their market value, which is determined by the local assessor's office.

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.

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 DiscountAvailable
SeniorAvailable
DisabledAvailable
HomesteadAvailable
VeteranAvailable
Solar/WindAvailable
CharitableAvailable

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Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

Real Estate Statistics in Tampa, Florida

Total Real Estate Value
$56.6B
Total Real Property Taxes
$786.2M
Average Property Tax Rate
1.39%
# of Real Properties
213,967

Residential Property Tax by ZIP code in Tampa, Florida

Tampa property taxes are collected at an average rate of 1.39%, which is slightly lower than the average rate of 1.47% for Hillsborough County. This means that Tampa residents pay slightly less in property taxes than the rest of the county. However, property tax rates vary significantly across Tampa ZIP codes. For example, the ZIP code 33647 has an effective property tax rate of 1.88%, while the ZIP code 33603 has an effective property tax rate of 1.14%. This variation is due to differences in home values across ZIP codes. Generally, ZIP codes with higher home values have higher property tax rates, while ZIP codes with lower home values have lower property tax rates.

Tax Assessment Value

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each ZIP code in Tampa, 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 Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
33602$187,444$246,052$314,101$428,793$645,328
33603$123,152$157,598$203,613$262,916$336,672
33604$77,420$118,658$163,358$220,026$288,617
33605$75,313$92,057$117,996$159,006$198,262
33606$178,832$312,310$450,817$728,384$1,313,621
33607$115,569$143,496$176,422$227,520$292,313
33609$133,764$204,896$328,149$530,338$1,007,358
33610$71,057$100,635$132,706$164,224$208,542
33611$111,625$170,108$233,988$373,421$626,965
33612$62,800$106,206$141,784$185,387$248,315
33613$68,758$83,570$184,711$266,928$495,827
33614$63,466$103,263$165,932$215,440$260,922
33615$82,879$136,374$185,494$240,220$336,036
33616$154,850$183,206$223,488$307,906$418,067
33617$63,627$86,111$130,273$168,235$206,803
33618$121,642$165,456$240,733$338,070$472,893
33619$81,705$109,455$134,463$165,382$217,427
33624$117,298$160,063$216,241$264,772$324,129
33625$153,457$186,741$223,205$273,180$340,219
33626$153,093$241,746$303,500$407,638$541,444
33629$278,874$367,178$498,827$749,125$1,140,163
33634$125,460$157,962$194,914$231,160$293,169
33635$159,859$197,084$239,666$305,568$362,414
33637$116,006$136,138$159,127$185,465$206,513
33647$116,775$184,992$256,451$336,977$432,036

Property Tax Bill

This table shows the percentiles of actual property tax paid on residential properties for each ZIP code in Tampa, Florida.

ZIP Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
33602$1,372$3,051$4,958$6,915$10,325
33603$634$964$2,128$3,554$4,947
33604$487$781$1,622$2,855$4,202
33605$266$692$1,491$2,244$3,146
33606$2,047$3,564$6,171$10,040$18,051
33607$536$856$2,073$3,145$4,350
33609$1,143$2,254$4,480$7,823$14,164
33610$285$668$1,454$2,369$3,189
33611$772$1,565$3,064$5,300$9,039
33612$485$746$1,486$2,487$3,554
33613$796$1,115$1,901$3,748$7,387
33614$696$979$1,511$2,681$3,796
33615$878$1,186$2,103$3,348$4,829
33616$726$1,112$3,051$4,659$6,866
33617$498$798$1,279$2,309$3,166
33618$1,031$1,889$3,007$4,617$6,594
33619$652$930$1,806$2,591$3,727
33624$1,033$1,690$2,530$3,726$4,837
33625$1,295$1,847$2,935$4,148$5,264
33626$2,211$3,455$5,031$6,885$9,393
33629$2,244$3,843$6,792$10,902$17,101
33634$945$1,292$2,237$3,354$4,653
33635$1,573$2,236$3,141$4,328$5,626
33637$941$1,090$2,186$2,913$3,655
33647$1,925$2,932$4,679$6,685$9,009

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 Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
33602 0.73% 1.24% 1.58% 1.61% 1.60%
33603 0.51% 0.61% 1.05% 1.35% 1.47%
33604 0.63% 0.66% 0.99% 1.30% 1.46%
33605 0.35% 0.75% 1.26% 1.41% 1.59%
33606 1.14% 1.14% 1.37% 1.38% 1.37%
33607 0.46% 0.60% 1.18% 1.38% 1.49%
33609 0.85% 1.10% 1.37% 1.48% 1.41%
33610 0.40% 0.66% 1.10% 1.44% 1.53%
33611 0.69% 0.92% 1.31% 1.42% 1.44%
33612 0.77% 0.70% 1.05% 1.34% 1.43%
33613 1.16% 1.33% 1.03% 1.40% 1.49%
33614 1.10% 0.95% 0.91% 1.24% 1.45%
33615 1.06% 0.87% 1.13% 1.39% 1.44%
33616 0.47% 0.61% 1.37% 1.51% 1.64%
33617 0.78% 0.93% 0.98% 1.37% 1.53%
33618 0.85% 1.14% 1.25% 1.37% 1.39%
33619 0.80% 0.85% 1.34% 1.57% 1.71%
33624 0.88% 1.06% 1.17% 1.41% 1.49%
33625 0.84% 0.99% 1.31% 1.52% 1.55%
33626 1.44% 1.43% 1.66% 1.69% 1.73%
33629 0.80% 1.05% 1.36% 1.46% 1.50%
33634 0.75% 0.82% 1.15% 1.45% 1.59%
33635 0.98% 1.13% 1.31% 1.42% 1.55%
33637 0.81% 0.80% 1.37% 1.57% 1.77%
33647 1.65% 1.58% 1.82% 1.98% 2.09%

Reduce your property tax bill with Ownwell

Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

Real Estate Values in Tampa, Florida

Median Sale Price
$455.0K
Total Inventory
1310
% Change in Median Sale Price
19.74%
12-month Change

Average Home Value in Tampa, Florida

Last updated: November 2023

Average home value over time in Tampa, Florida

Last updated: November 2023

Total unique home listings in Tampa, Florida

Last updated: November 2023

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Housing Expenses in Tampa, 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

Reduce your property tax bill with Ownwell

Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.

How Ownwell works?

  1. 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.
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  4. 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.

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Frequently asked questions

We currently operate in Texas, California, Washington, Georgia, Florida and Illinois.
We use a private national data provider that cross-references with county recorder's offices to verify ownership. If in the event our system is unable to verify the property, our team will take further steps to investigate ownership and reach out to the customer for confirmation.
Our success rate varies across geographies; however, in any given year, we typically win more than 70% of our cases, saving clients an average of $1,457 on their property taxes.
Yes, in the market areas we serve, we have a dedicated Property Tax Consultant that is physically present in the market they are servicing. The specialist assigned to your property has the necessary geographical competence to provide exemplary service!
The average property tax rate in Tampa is 1.39%.
The following exemptions and discounts are available in Tampa: Charitable, Disabled, Early Payment Discount and Homestead