Quantcast

St. Pete Standard

Tuesday, November 26, 2024

Effective property tax rate in Pinellas County were lighter than the national average in Q2 2022

Re 8

Property owners in Pinellas County paid 0.6% of the value of their homes in property taxes in the second quarter of 2022, which is less than 0.5 times the national average, according to the real estate analysis posted by the St. Pete Standard.

The median sales price of a Pinellas County home in the second quarter of 2022 was $344,000, based on data from the 353 properties sold during that time. In 2019 the median tax bill for the county was $1,941, which is 0.6% of the median value of the homes that were taxed.

This is 0.5 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Pinellas County real estate data showed homeowners in Redington Beach, Palm Harbor, and Madeira Beach paid the highest rates.

The following table compares Redington Beach with some other cities belonging to Pinellas County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2022.

CityQ2 2022 SalesQ2 2022 Median PriceMedian tax 2022Effective tax rate
Redington Beach1$250,000$5,0922%
Palm Harbor6$292,000$3,7311.3%
Madeira Beach10$424,500$5,2101.2%
Kenneth City4$113,500$1,0921%
Tarpon Springs9$245,000$2,4791%
Indian Shores4$768,750$5,6590.7%
Oldsmar4$407,500$2,7770.7%
Safety Harbor9$400,000$2,7390.7%
South Pasadena2$350,000$2,4770.7%
St Pete Beach6$695,000$5,0380.7%
Gulfport7$370,000$2,1170.6%
Largo31$300,000$1,7000.6%
Seminole24$366,550$2,0340.6%
St Petersburg127$315,000$1,9550.6%
Belleair Bluffs1$450,000$2,3530.5%
Clearwater54$372,500$2,0050.5%
Dunedin25$420,000$2,1120.5%
Indian Rocks Beach2$1,145,500$6,2430.5%
N Redington Beach1$997,000$5,4130.5%
Pinellas Park20$285,250$1,4930.5%
Redington Shores1$1,199,000$5,6540.5%
Belleair2$1,105,000$4,8530.4%
Treasure Island3$1,110,000$4,3430.4%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS