Laurel Hill, Walton County, Florida Property Taxes
Property Taxes in Laurel Hill, Florida
Median Laurel Hill, Florida effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Laurel Hill, Florida home value: $96,530
Median annual Laurel Hill, Florida tax bill: $473, $1,927 lower than the national median property tax bill of $2,400.
How are property taxes in Walton calculated?
Property taxes in Laurel Hill, 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 Laurel Hill's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Laurel Hill, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Laurel Hill, Walton County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.54%
Estimate Property Tax Bill
$521
$484
How Does the Laurel Hill Property Tax Calculator Work?
Use this Laurel Hill property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Laurel Hill's median effective tax rate of 0.54% — 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 Laurel Hill'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 Laurel Hill: rates range from 0.54% in 32567 to 0.54% in 32567, 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 Laurel Hill.
About Laurel Hill Property Taxes
About Property Taxes in Laurel Hill, Walton, Florida
Laurel Hill’s median effective property tax rate of 0.54% 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 levy and local taxing authorities that shape what homeowners pay on a $96,530 median home value.
Property tax rates are not uniform across Laurel Hill. In this case, the highest and lowest ZIP code are both 32567, with a median effective rate of 0.54%. That means the rate is consistent throughout the city, so location within Laurel Hill does not create a spread in the property tax rate.
Laurel Hill homeowners who believe their assessed value is too high can file a formal appeal with the Property Appraiser before the September 15, 2026 deadline each year.
If your estimated bill 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 Laurel Hill, 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 Laurel Hill'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 Laurel Hill Tax Rate
0.54%
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 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 Laurel Hill, Walton County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32567 | 0.20% | 0.32% | 0.54% | 0.82% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Laurel Hill, Walton County, Florida
When examining property taxes in Laurel Hill, 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. Walton 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 Walton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 Laurel Hill is $96,530, with a median tax bill of $473. The highest median home price is in 32567 at $96,530.
Property Tax Assessment Values Across Laurel Hill, Walton County, Florida
Source: Ownwell
$59,290
$654,110
$1,248,930
Median Laurel Hill Market Value
$96,530
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 Laurel Hill, Walton County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32567 | $29,609 | $64,716 | $96,530 | $160,513 | $241,904 |
Source: Ownwell
Property Tax Bills Across Laurel Hill, Walton County, Florida
Property tax bills in Laurel Hill are calculated from the assessed value of a home and the local tax rate set for Walton County. When a property’s market value is assessed for tax purposes, that value becomes the starting point for the bill, and local exemptions or other adjustments can change the final amount. Homeowners with higher assessed values generally pay more, while those with lower values pay less.
The typical home in Laurel Hill has a median home price of $96,530, and the median property tax bill is $473, which is far below the national median property tax bill of $2,400. That lower bill can make ownership more affordable, but it also means changes in assessed value can have a noticeable impact on annual costs. For many homeowners, understanding how the bill is determined is important because even small shifts in assessment can affect what they owe each year.
Median Laurel Hill Tax Bill
$473
Median Walton County Tax Bill
$3,340
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$2,400
Property Tax Bills Across Laurel Hill, Walton County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32567 | $96 | $255 | $473 | $834 | $1,413 |
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 |