Defuniak Springs, Walton County, Florida Property Taxes

$774 avg. annual savings

No Upfront Costs

You only pay if we save

Property Taxes in Defuniak Springs, Florida

Median Defuniak Springs, Florida effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Defuniak Springs, Florida home value: $105,542
Median annual Defuniak Springs, Florida tax bill: $464, $1,936 lower than the national median property tax bill of $2,400.

How are property taxes in Walton County calculated?

Property taxes in Defuniak Springs, 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 Defuniak Springs's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Defuniak Springs, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Defuniak Springs, Walton County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.53%

Estimate Property Tax Bill

$559

$519

How Does the Defuniak Springs Property Tax Calculator Work?

Use this Defuniak Springs property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Defuniak Springs' median effective tax rate of 0.53% — based on actual property records in Walton 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 Defuniak Springs' 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 Defuniak Springs: rates range from $430.00 in 32433 to $592.00 in 32435, 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 Defuniak Springs.

About Defuniak Springs Property Taxes

About Property Taxes in Defuniak Springs, Walton, Florida

Defuniak Springs' median effective property tax rate of 0.53% is lower than the Florida state median of 1.10% and lower than the national median of 1.02%. This rate reflects the Walton 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 Defuniak Springs. Homeowners in the 32435 ZIP code carry a median effective rate of 0.59%, while those in 32433 pay 0.52%. This spread — 0.07 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Walton County. Understanding which part of Defuniak Springs you live in can make a meaningful difference to your annual tax bill.

Defuniak Springs homeowners who believe their assessed value is too high can file a formal appeal with the local Property Appraiser before the September 15, 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 Defuniak Springs, Walton 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 Defuniak Springs's effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.

Property Tax Rates Across Defuniak Springs, Walton County, Florida

Source: Ownwell

0.45%

0.61%

0.78%

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 Defuniak Springs Tax Rate

0.53%

Median Effective Walton County Tax Rate

0.74%

Median Effective Florida Tax Rate

1.10%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Defuniak Springs, Walton County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32433	0.19%	0.32%	0.52%	0.87%	1.10%
32435	0.20%	0.34%	0.59%	0.96%	1.17%

Source: Ownwell

Property Tax Assessment Values Across Defuniak Springs, Walton County, Florida

When examining property taxes in Defuniak Springs, 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 Walton 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 Walton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of March.

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 Defuniak Springs.

For example, the median home price in Defuniak Springs is $105,542, with tax bills ranging significantly across the county. 32435 has the highest median home price at $116,280.

Property Tax Assessment Values Across Defuniak Springs, Walton County, Florida

Source: Ownwell

$59,290

$654,110

$1,248,930

Median Defuniak Springs Market Value

$105,542

Median Walton County Market Value

$478,810

Median Florida Market Value

$310,033

Median United States Market Value

$235,294

Property Tax Assessment Values Across Defuniak Springs, Walton County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32433	$26,406	$45,154	$101,555	$172,337	$246,743
32435	$29,897	$63,218	$116,280	$191,738	$279,004

Source: Ownwell

Property Tax Bills Across Defuniak Springs, Walton County, Florida

Property tax bills in Defuniak Springs are based on the assessed value of a home and the local tax rate set for Walton County and other taxing authorities. The bill is calculated by applying those rates to the property’s taxable value, which can change when market conditions shift or when a home is reassessed. For homeowners, that means a higher assessed value can lead to a larger tax bill, while a lower assessed value can reduce what is owed.

In Defuniak Springs, the median home price is $105,542, and property tax bills vary widely across the city. The 25th percentile tax bill is $231, while the 75th percentile is $963 and the 90th percentile is $1,631. The highest median tax bill is $592 in ZIP code 32435, compared with $430 in ZIP code 32433. These differences show how location, assessment, and local tax rates can affect what homeowners pay each year.

Property Tax Bills Across Defuniak Springs, Walton County, Florida

Source: Ownwell

$302

$4,430

$8,557

Median Defuniak Springs Tax Bill

$464

Median Walton County Tax Bill

$3,340

Median Florida Tax Bill

$3,263

Median United States Tax Bill

$2,400

Property Tax Bills Across Defuniak Springs, Walton County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32433	$83	$215	$430	$899	$1,517
32435	$119	$278	$592	$1,120	$1,898

Source: Ownwell

Don't miss the deadline to petition!

Dates
Property Valuation Date	January 1
Appeal Deadline	September 15
Tax Bill
Issued	November 1

Links
Walton Property Appraiser
Website	beacon.schneidercorp.com

Frequently Asked Property Tax Questions in Defuniak Springs, Florida

How are property taxes calculated in Defuniak Springs, Florida?

Property taxes in Defuniak Springs, Florida are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Defuniak Springs, Florida?

To appeal your property taxes in Defuniak Springs, Florida, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Defuniak Springs, Florida?

Common property tax exemptions in Defuniak Springs, Florida include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Defuniak Springs, Florida?

Property tax deadlines in Defuniak Springs, Florida vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Defuniak Springs, Florida?

Ownwell provides professional property tax appeal services in Defuniak Springs, Florida. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.