Live Oak, Suwannee County, Florida Property Taxes
Property Taxes in Live Oak, Florida
Median Live Oak, Florida effective property tax rate: 0.88%, lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Live Oak, Florida home value: $121,797
Median annual Live Oak, Florida tax bill: $1,105, lower than the national median property tax bill of $2,400.
How are property taxes in Suwannee calculated?
Property taxes in Live Oak, 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 Live Oak's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Live Oak, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Live Oak, Suwannee County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$1,072
$995
How Does the Live Oak Property Tax Calculator Work?
Use this Live Oak property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Live Oak's median effective tax rate of 0.88% — based on actual property records in Suwannee 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. Our calculator applies Live Oak'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 Live Oak: rates range from $1,026.00 in 32064 to $1,120.00 in 32060, 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 Live Oak.
About Live Oak Property Taxes
About Property Taxes in Live Oak, Suwannee, Florida
Live Oak’s median effective property tax rate of 0.88% is lower than the Florida state median of 1.10% and lower than the national median of 1.02%. This rate reflects the Suwannee 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 Live Oak. Homeowners in ZIP code 32064 carry a median effective rate of 1.21%, while those in 32060 pay 0.86%. This spread — 0.35 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Suwannee County. Understanding which part of Live Oak you live in can make a meaningful difference to your annual tax bill.
Live Oak homeowners who believe their assessed value is too high can file a formal appeal with the Property Appraiser before September 15, 2026.
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 Live Oak, Suwannee 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 Live Oak'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 Live Oak Tax Rate
0.88%
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 Suwannee County Tax Rate
0.88%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Live Oak, Suwannee County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32060 | 0.51% | 0.70% | 0.86% | 1.38% | 1.71% |
| 32064 | 0.46% | 0.68% | 1.21% | 1.96% | 2.10% |
Source: Ownwell
Property Tax Assessment Values Across Live Oak, Suwannee County, Florida
When examining property taxes in Live Oak, 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 Suwannee 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 are sent in the spring each year and typically reach your mailbox by the middle of the season. 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.
For example, the median home price in Live Oak is $121,797, with tax bills ranging significantly across the county. Zip code 32060 has the highest median home price at $131,346. The median property tax bill in Live Oak is $1,105, below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Live Oak, Suwannee County, Florida
Source: Ownwell
$91,973
$114,698
$137,423
Median Live Oak Market Value
$121,797
Median Suwannee County Market Value
$122,658
Median Florida Market Value
$310,033
Median United States Market Value
$235,294
Property Tax Assessment Values Across Live Oak, Suwannee County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32060 | $52,594 | $82,990 | $131,346 | $197,948 | $276,285 |
| 32064 | $31,581 | $56,262 | $97,408 | $144,979 | $208,667 |
Source: Ownwell
Property Tax Bills Across Live Oak, Suwannee County, Florida
Property tax bills in Live Oak are based on the assessed market value of a home, not the purchase price alone. Local taxing authorities apply their tax rates to that assessed value, and the final bill can also reflect exemptions or other adjustments that lower the amount owed. Because the tax bill is tied to value, homeowners with similar homes can still see different bills if their properties are assessed differently.
For Live Oak homeowners, the median home price is $121,797, and the median tax bill is $1,120 in ZIP code 32060 and $1,026 in ZIP code 32064. Bills can vary widely across the city, with the 25th percentile at $726 and the 75th percentile at $1,789. At the 90th percentile, the tax bill reaches $2,689.
These differences show how property taxes can affect monthly budgets and long-term housing costs. When assessed values rise, tax bills often rise too, making it important for homeowners to understand how their bill is calculated.
Median Live Oak Tax Bill
$1,105
Median Suwannee County Tax Bill
$1,086
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$2,400
Property Tax Bills Across Live Oak, Suwannee County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32060 | $484 | $762 | $1,120 | $1,771 | $2,645 |
| 32064 | $307 | $631 | $1,026 | $1,845 | $2,844 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Appeal Deadline | September 15 |
Links | |
|---|---|
| Suwannee Property Appraiser | |
| Website | www.suwanneepa.com |