Citrus County, FL Property Tax Search
Looking for property tax information on a specific home?
Simply type the address in the search box below to perform a quick property tax lookup and access relevant Citrus County, FL tax information instantly.
In-depth Citrus 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 324 E vine St, Citrus 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 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 values in Florida are evaluated as of January 1, based upon sales of comparable properties in the previous year.
| Land value | $147,800 | ||||||
| Building value | + | $351,387 | |||||
| Market value | = | $499,187 | |||||
Assessed Value
Assessed value is the value of property after any assessment reductions, limitations, or caps have been applied. The annual increase of assessed value in Florida is limited to: 1) 3% greater than the prior year, or 2) the percentage change in the Consumer Price Index, whichever is lower.
| Assessed value | = | $486,418 | |||||
| School board assessed value | = | $499,187 | |||||
Property Tax
Property tax is calculated by multiplying the property's assessed value by the millage rates applicable to it 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).
Notice that we used 2023 tax rates since 2024 values are not available yet.
| Tax description | Assessed value | Millage rate | Tax amount | ||
|---|---|---|---|---|---|
| City of Inverness | $486,418 | x | 7.7600 | = | $3,774.60 |
| General County | $486,418 | x | 6.9951 | = | $3,402.54 |
| Health Department | $486,418 | x | 0.0564 | = | $27.43 |
| Library | $486,418 | x | 0.3147 | = | $153.08 |
| Mosquito Control | $486,418 | x | 0.3958 | = | $192.52 |
| SWFWMD General | $486,418 | x | 0.2043 | = | $99.38 |
| Schools Capital Outlay | $499,187 | x | 1.5000 | = | $748.78 |
| Schools Discretionary | $499,187 | x | 0.7480 | = | $373.39 |
| Schools Local Req'd Effort | $499,187 | x | 3.1960 | = | $1,595.40 |
| Transportation Trust | $486,418 | x | 0.9860 | = | $479.61 |
| Property tax | = | $10,847 |
Actual taxes might differ from the figures displayed here due to various abatement and financial assistance programs or to non-ad valorem assessments, which are levied for functions such as storm water utility, solid waste collections or fire and rescue. For more information please visit Citrus County's Appraiser and Tax Collector or look up this property's current valuation and tax situation.
Property Shark is a comprehensive real estate data platform that offers valuable insights into property information, sales history, ownership details, and market trends. It provides users with access to property records, neighborhood data, and investment opportunities. With its user-friendly interface and robust search features, Property Shark is a valuable tool for real estate professionals... See More
A. Marku
I have been using Property Shark for many, many years as a tool to obtain some information for report writing purposes. I get all of my property information from this site- building permits, certificates of occupancy, heads up on whether there may be a database listing, historical photos, etc. I highly recommend utilizing property shark for property information.
S. Environmental
Property Shark is the ultimate go-to tool for real estate investors when it comes to conducting thorough due diligence. Its accuracy is nearly impeccable, enabling you to make well-informed decisions on property purchases with just 5 minutes of research. It serves as a comprehensive platform for real estate research, making it indispensable for all individuals involved in the industry.
S. Rahman
Citrus County Stats for Property Taxes
Looking for more property tax statistics in your area? Instantly view essential data points on Citrus County, as well as FL effective tax rates, median real estate taxes paid, home values, income levels and even homeownership rates.
Effective tax rate (%)
0.64% of Assessed Home Value
0.82% of Assessed Home Value
1.02% of Assessed Home Value
Median real estate taxes paid
$1,230
$2,386
$2,869
Median home value
$190,800
$292,200
$281,900
Median income
$52,569
$67,917
$75,149
Owner occupied housing (%)
85.4%
66.9%
64.8%
Renter occupied housing (%)
14.6%
33.1%
35.2%
Frequently Asked Questions on Property Taxes
Tap into one of the biggest real estate data sources and save time and effort with PropertyShark
To see the full range of factors that determine your targeted property's tax bill, explore the full property report. You'll find relevant tax information, as well as a range of data points on your target property, including sale and permit information.
Expand your research with a host of indispensable tools and services. From advanced property searches to pricing and comparison tools, everything you need is in one place.
Search Property Tax Records in Other Counties
- Alachua County Property Tax Search
- Baker County Property Tax Search
- Bay County Property Tax Search
- Bradford County Property Tax Search
- Brevard County Property Tax Search
- Broward County Property Tax Search
- Calhoun County Property Tax Search
- Charlotte County Property Tax Search
- Citrus County Property Tax Search
- Clay County Property Tax Search
- Collier County Property Tax Search
- Columbia County Property Tax Search
- Desoto County Property Tax Search
- Dixie County Property Tax Search
- Duval County Property Tax Search
- Escambia County Property Tax Search
- Flagler County Property Tax Search
- Franklin County Property Tax Search
- Gadsden County Property Tax Search
- Gilchrist County Property Tax Search
- Glades County Property Tax Search
- Gulf County Property Tax Search
- Hamilton County Property Tax Search
- Hardee County Property Tax Search
- Hendry County Property Tax Search
- Hernando County Property Tax Search
- Highlands County Property Tax Search
- Hillsborough County Property Tax Search
- Holmes County Property Tax Search
- Indian River County Property Tax Search
- Jackson County Property Tax Search
- Jefferson County Property Tax Search
- Lafayette County Property Tax Search
- Lake County Property Tax Search
- Lee County Property Tax Search
- Leon County Property Tax Search
- Levy County Property Tax Search
- Liberty County Property Tax Search
- Madison County Property Tax Search
- Manatee County Property Tax Search
- Marion County Property Tax Search
- Martin County Property Tax Search
- Miami-Dade County Property Tax Search
- Monroe County Property Tax Search
- Nassau County Property Tax Search
- Okaloosa County Property Tax Search
- Okeechobee County Property Tax Search
- Orange County Property Tax Search
- Osceola County Property Tax Search
- Palm Beach County Property Tax Search
- Pasco County Property Tax Search
- Pinellas County Property Tax Search
- Polk County Property Tax Search
- Putnam County Property Tax Search
- Santa Rosa County Property Tax Search
- Sarasota County Property Tax Search
- Seminole County Property Tax Search
- St Johns County Property Tax Search
- St Lucie County Property Tax Search
- Sumter County Property Tax Search
- Suwannee County Property Tax Search
- Taylor County Property Tax Search
- Union County Property Tax Search
- Volusia County Property Tax Search
- Wakulla County Property Tax Search
- Walton County Property Tax Search
- Washington County Property Tax Search