Middleton, Sumter County, Florida Property Taxes
Median Middleton, FL effective property tax rate: 1.94%, significantly higher than the national median of 1.02%, and higher than the Florida state median of 1.10%.
Median Middleton, FL home value: $310,310
Median annual Middleton, FL tax bill: $10,391, $7,991 higher than the national median property tax bill of $2,400.
How are property taxes in Sumter County calculated?
Property taxes in Middleton, FL 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 Middleton's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Middleton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Middleton, Sumter County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.94%
Estimate Property Tax Bill
$6,020
$5,586
Property Tax Rates Across Middleton, Sumter County, Florida
Local government entities are responsible for setting tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget annually to provide services, then dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
MIDDLETON in 12119, FL, has an effective property tax rate that stands out when compared to other cities in the state. The median property tax rate in Florida is 1.94%, which is significantly higher than the national median property tax rate of 1.02%. This places Florida on the higher end of the spectrum in terms of property tax rates nationwide. Understanding these figures can help property owners in MIDDLETON and across Florida make informed decisions about their property tax appeals and exemptions. With such a high rate, exploring potential savings through appeals or exemptions could be beneficial for property owners.
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 Middleton Tax Rate
1.94%
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 Sumter County Tax Rate
1.07%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Middleton, Sumter County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34762 | 1.94% | 1.94% | 1.94% | 1.94% | 1.94% |
Source: Ownwell
Property Tax Assessment Values Across Middleton, Sumter County, Florida
When examining property taxes in Middleton, 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. The Sumter County Property Appraiser 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 Sumter County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Middleton. For example, the median home price in Middleton is $310,310, with tax bills ranging significantly across the county. Zip code 34762 has the highest median home price at $310,310.
Property Tax Assessment Values Across Middleton, Sumter County, Florida
Source: Ownwell
$72,640
$237,193
$401,745
Median Middleton Market Value
$310,310
Median Sumter County Market Value
$310,780
Median Florida Market Value
$310,033
Median United States Market Value
$235,294
Property Tax Assessment Values Across Middleton, Sumter County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34762 | $167,870 | $237,695 | $310,310 | $370,460 | $476,602 |
Source: Ownwell
Property Tax Bills Across Middleton, Sumter County, Florida
In Middleton, Sumter County, FL, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This value is then multiplied by the local tax rate to calculate the tax bill. Factors such as property size, location, and improvements can influence the assessed value. With a median home price of $310,310, homeowners in Middleton face a significant tax burden, with tax bills often reaching $10,391, far exceeding the national median property tax bill of $2,400. This high tax bill can be a substantial financial burden for homeowners, impacting their overall cost of living and financial planning.
Ownwell provides valuable assistance to homeowners by offering property tax appeal and exemption services. By leveraging expertise in local tax regulations and market trends, Ownwell can help homeowners potentially reduce their assessed property value, thereby lowering their tax bills. This service not only helps alleviate financial stress but also ensures that homeowners are not overpaying on their property taxes.
Median Middleton Tax Bill
$10,391
Median Sumter County Tax Bill
$3,337
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$2,400
Property Tax Bills Across Middleton, Sumter County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34762 | $10,391 | $10,391 | $10,391 | $10,391 | $10,391 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 15 |
| Tax Bill | |
| Issued | November 1 |
| Due Date #1 | March 31 |
Links | |
|---|---|
| Sumter Property Appraiser | |
| Website | qpublic.schneidercorp.com |