Alligator Point, Franklin County, Florida Property Taxes
Property Taxes in Alligator Point, Florida
Median Alligator Point, Florida effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Alligator Point, Florida home value: $492,001
Median annual Alligator Point, Florida tax bill: $4,541, $2,141 higher than the national median property tax bill of $2,400.
How are property taxes in Franklin calculated?
Property taxes in Alligator Point, Florida are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Alligator Point's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Alligator Point, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Alligator Point, Franklin County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.94%
Estimate Property Tax Bill
$4,625
$4,292
How Does the Alligator Point Property Tax Calculator Work?
Use this Alligator Point property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and the calculator applies Alligator Point's median effective tax rate of 0.94% — based on actual property records in Franklin County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. The calculator applies Alligator Point's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Alligator Point: rates range from 0.94% in 32346 to 0.94% in 32346, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Alligator Point.
About Alligator Point Property Taxes
About Property Taxes in Alligator Point, Franklin, Florida
Alligator Point's median effective property tax rate of 0.94% is lower than the Florida state median of 1.10% and lower than the national median of 1.02%. This rate reflects the Franklin County base levy combined with local school district levies and Municipal Service Benefit Units (MSBUs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Alligator Point. Homeowners in ZIP code 32346 carry a median effective rate of 0.94%, while those in 32346 pay 0.94%. This spread reflects how school district boundaries and local assessment districts are drawn across Franklin County. Understanding which part of Alligator Point you live in can make a meaningful difference to your annual tax bill.
Alligator Point homeowners who believe their assessed value is too high can file a formal appeal with the local Property Appraiser before the September 4, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Alligator Point, Franklin County, Florida
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Alligator Point's effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Alligator Point Tax Rate
0.94%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Franklin County Tax Rate
0.82%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Alligator Point, Franklin County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32346 | 0.83% | 0.91% | 0.94% | 1.08% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Alligator Point, Franklin County, Florida
When examining property taxes in Alligator Point, Florida, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. Franklin County estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Franklin County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of {month when notices are sent}.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Alligator Point.
For example, the median home price in Alligator Point is $492,001, with tax bills ranging significantly across the county. 32346 has the highest median home price at $492,001.
Property Tax Assessment Values Across Alligator Point, Franklin County, Florida
Source: Ownwell
$82,988
$352,376
$621,764
Median Alligator Point Market Value
$492,001
Median Franklin County Market Value
$282,446
Median Florida Market Value
$310,033
Median United States Market Value
$235,294
Property Tax Assessment Values Across Alligator Point, Franklin County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32346 | $398,321 | $484,301 | $492,001 | $496,211 | $906,377 |
Source: Ownwell
Property Tax Bills Across Alligator Point, Franklin County, Florida
Property tax bills in Alligator Point are based on the assessed value of a home and the local tax rate set by Franklin County and other taxing authorities. For a home with a median market value of $492,001, the bill is calculated by applying the tax rate to the assessed value after any exemptions or adjustments that may apply. The result is the amount a homeowner owes each year.
In Alligator Point, property tax bills are substantial compared with the national median property tax bill of $2,400. The 25th percentile bill is $4,302, the median tax bill is $4,541, and the 75th percentile bill is $5,394. At the high end, the 90th percentile reaches $9,592. These bills can have a significant effect on homeowners, especially when assessed values rise faster than household budgets.
Median Alligator Point Tax Bill
$4,541
Median Franklin County Tax Bill
$2,305
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$2,400
Property Tax Bills Across Alligator Point, Franklin County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32346 | $4,022 | $4,302 | $4,541 | $5,394 | $9,592 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Appeal Deadline | September 4 |
Links | |
|---|---|
| Franklin Property Appraiser | |
| Website | franklin-search.gsacorp.io |