Average Tax Assessment in Pasco County
Real Estate Values and Property Tax Valuation in Pasco County, Florida
Pasco County has a total of 214,373 properties with a cumulative value of $39.2B. This accounts for 1.89% of all real estate value in Florida. Property taxes in Pasco County totaled $534.5M, with the average homeowner paying $2,494 in property taxes, which is lower than the state average of $3,597. The average property tax rate in Pasco County is 1.36%, slightly higher than the state average of 1.34%. Properties are typically valued for tax purposes based on their 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 | |
|---|---|
| Pasco Tax Collector | (352) 521-4360 |
| Pasco Property Appraiser | (352) 521-4433 |
| 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 |
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Real Estate Statistics in Pasco County
Residential Property Taxes by Cities in Pasco County
Pasco County has an average property tax rate of 1.36%, which is slightly lower than the average rate in the rest of the state. This rate is applied to all properties in the county, regardless of their location. However, the effective property tax rate can vary significantly from city to city. For example, Odessa has the highest effective property tax rate in the county at 1.76%, while Dade City has the lowest at 1.14%. This means that property owners in Odessa will pay significantly more in taxes than those in Dade City.
Overall, Pasco County has a relatively low property tax rate compared to other counties in the state. However, it is important to note that the effective rate can vary significantly from city to city. Property owners should research the effective rate in their city before making any decisions about their taxes.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Pasco 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 |
|---|---|---|---|---|---|
| Dade City | $35,169 | $68,523 | $130,856 | $245,573 | $381,757 |
| Holiday | $52,922 | $85,538 | $107,158 | $137,300 | $195,845 |
| Hudson | $53,294 | $84,596 | $151,525 | $194,652 | $241,308 |
| Land O Lakes | $158,213 | $197,704 | $238,556 | $300,011 | $373,653 |
| Lutz | $98,320 | $174,769 | $213,204 | $279,851 | $358,058 |
| New Port Richey | $50,848 | $92,983 | $144,733 | $215,378 | $299,512 |
| Odessa | $127,092 | $206,886 | $297,409 | $392,626 | $479,480 |
| Port Richey | $69,361 | $93,860 | $118,425 | $140,460 | $164,795 |
| San Antonio | $124,745 | $161,130 | $199,881 | $237,422 | $285,556 |
| Spring Hill | $53,370 | $84,383 | $143,821 | $221,131 | $288,472 |
| Trinity | $207,878 | $241,953 | $285,184 | $338,721 | $392,224 |
| Wesley Chapel | $113,070 | $184,472 | $226,456 | $291,006 | $375,344 |
| Zephyrhills | $38,769 | $55,422 | $87,880 | $156,178 | $208,966 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Pasco County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Dade City | $416 | $723 | $1,403 | $2,821 | $4,551 |
| Holiday | $493 | $673 | $1,285 | $1,782 | $2,454 |
| Hudson | $500 | $796 | $1,506 | $2,427 | $3,406 |
| Land O Lakes | $1,484 | $2,377 | $3,706 | $5,196 | $6,611 |
| Lutz | $873 | $1,453 | $2,427 | $3,789 | $6,610 |
| New Port Richey | $539 | $850 | $1,598 | $2,590 | $4,023 |
| Odessa | $1,562 | $2,741 | $5,234 | $7,472 | $9,045 |
| Port Richey | $500 | $673 | $1,267 | $1,821 | $2,331 |
| San Antonio | $832 | $1,353 | $2,132 | $3,067 | $4,421 |
| Spring Hill | $479 | $713 | $1,360 | $2,631 | $4,741 |
| Trinity | $2,279 | $2,784 | $3,474 | $4,420 | $5,519 |
| Wesley Chapel | $1,100 | $2,312 | $3,645 | $5,342 | $7,185 |
| Zephyrhills | $431 | $675 | $1,072 | $1,933 | $3,337 |
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 |
|---|---|---|---|---|---|
| Dade City | 1.18% | 1.06% | 1.07% | 1.15% | 1.19% |
| Holiday | 0.93% | 0.79% | 1.20% | 1.30% | 1.25% |
| Hudson | 0.94% | 0.94% | 0.99% | 1.25% | 1.41% |
| Land O Lakes | 0.94% | 1.20% | 1.55% | 1.73% | 1.77% |
| Lutz | 0.89% | 0.83% | 1.14% | 1.35% | 1.85% |
| New Port Richey | 1.06% | 0.91% | 1.10% | 1.20% | 1.34% |
| Odessa | 1.23% | 1.32% | 1.76% | 1.90% | 1.89% |
| Port Richey | 0.72% | 0.72% | 1.07% | 1.30% | 1.41% |
| San Antonio | 0.67% | 0.84% | 1.07% | 1.29% | 1.55% |
| Spring Hill | 0.90% | 0.84% | 0.95% | 1.19% | 1.64% |
| Trinity | 1.10% | 1.15% | 1.22% | 1.30% | 1.41% |
| Wesley Chapel | 0.97% | 1.25% | 1.61% | 1.84% | 1.91% |
| Zephyrhills | 1.11% | 1.22% | 1.22% | 1.24% | 1.60% |
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Real Estate Values in Pasco County
The median home price in Pasco County, Florida decreased by 1.42% from October 2022 to October 2023, from $355.0K to $349.9K. At the same time, the home inventory in Pasco County decreased from 3.0K to 2.8K. This suggests that the housing market in Pasco County is becoming more competitive, as fewer homes are available for sale and prices are decreasing.
Average Home Value in Pasco County, Florida
Last updated: November 2023
Percent Change in Total Home Sales in Pasco County
Last updated: November 2023
Percent Change in New Home Listings in Pasco County
Last updated: November 2023
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Mortgage Rates in Pasco County
Pasco County has a total of $25.2 billion in outstanding home mortgage loans, with an estimated 108,000 loans in total. This represents a significant portion of the total home value in the county, and is indicative of the strong demand for housing in the area. The median mortgage rate in Pasco County varies across cities, with Dade City having the highest rate at 4.5% and Odessa having the lowest rate at 3.86%. This variation in rates is reflective of the different economic conditions across the county, and provides potential homeowners with a range of options when it comes to financing their home purchase. Overall, the high amount of outstanding loans and the variation in rates across cities demonstrate the strong demand for housing in Pasco County, and the availability of competitive mortgage rates.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Pasco County by city.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Dade City | $14,690 | $45,542 | $119,166 | $211,374 | $326,067 |
| Holiday | $16,539 | $41,985 | $90,164 | $149,153 | $213,911 |
| Hudson | $25,393 | $58,664 | $113,913 | $177,169 | $239,751 |
| Land O Lakes | $66,298 | $114,769 | $181,924 | $251,704 | $335,829 |
| Lutz | $36,873 | $78,780 | $163,953 | $250,143 | $338,564 |
| New Port Richey | $22,988 | $54,452 | $112,229 | $186,991 | $268,566 |
| Odessa | $93,521 | $176,880 | $263,138 | $342,784 | $437,222 |
| Port Richey | $18,496 | $41,442 | $83,876 | $133,843 | $192,598 |
| San Antonio | $42,790 | $74,969 | $131,271 | $198,910 | $269,067 |
| Spring Hill | $27,237 | $63,704 | $129,725 | $207,110 | $270,421 |
| Trinity | $69,578 | $115,764 | $179,585 | $262,253 | $349,582 |
| Wesley Chapel | $58,706 | $108,219 | $183,558 | $262,110 | $350,125 |
| Zephyrhills | $16,407 | $44,361 | $101,893 | $174,207 | $229,783 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Pasco County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Dade City | 3.00% | 3.69% | 4.50% | 6.29% | 7.65% |
| Holiday | 2.90% | 3.60% | 4.40% | 6.08% | 7.42% |
| Hudson | 2.90% | 3.53% | 4.20% | 5.79% | 7.11% |
| Land O Lakes | 2.93% | 3.59% | 4.15% | 5.50% | 6.49% |
| Lutz | 2.93% | 3.60% | 4.20% | 5.86% | 7.16% |
| New Port Richey | 2.90% | 3.59% | 4.30% | 6.03% | 7.30% |
| Odessa | 2.80% | 3.20% | 3.86% | 4.50% | 5.86% |
| Port Richey | 2.90% | 3.59% | 4.37% | 6.00% | 7.39% |
| San Antonio | 2.88% | 3.30% | 4.00% | 5.62% | 6.75% |
| Spring Hill | 2.93% | 3.59% | 4.30% | 5.87% | 7.14% |
| Trinity | 2.90% | 3.57% | 4.20% | 5.65% | 6.63% |
| Wesley Chapel | 2.90% | 3.56% | 4.11% | 5.51% | 6.62% |
| Zephyrhills | 2.90% | 3.59% | 4.40% | 6.01% | 7.42% |
Housing Expenses in Pasco County, Florida
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