Grand Ridge, Calhoun County, Florida Property Taxes
Median Grand Ridge, FL effective property tax rate: 0.50%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Grand Ridge, FL home value: $45,060
Median annual Grand Ridge, FL tax bill: $305, $2,095 lower than the national median property tax bill of $2,400.
How are property taxes in Calhoun County calculated?
Property taxes in Grand Ridge, 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 Grand Ridge's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grand Ridge, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grand Ridge, Calhoun County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.5%
Estimate Property Tax Bill
$225
$209
Property Tax Rates Across Grand Ridge, Calhoun County, Florida
Local government entities in Grand Ridge, Calhoun County, FL, set property tax rates that can vary significantly within the state. Each year, the county estimates its budgetary needs to provide essential services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While setting tax rates involves votes and legal considerations, this is the core of the annual process.
Grand Ridge's effective property tax rate is notably lower than the national median rate of 1.02%. This makes it an appealing location for property owners seeking lower property tax obligations. The median property tax rate in Florida is also lower than the national average, reflecting the state's overall favorable tax environment.
In comparison to other cities in Florida, Grand Ridge maintains a competitive property tax rate, aligning with the state's trend of offering attractive tax rates. This can be an important consideration for potential homeowners and investors looking for cost-effective property ownership.
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 Grand Ridge Tax Rate
0.50%
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 Calhoun County Tax Rate
0.75%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grand Ridge, Calhoun County, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32442 | 0.11% | 0.25% | 0.50% | 1.42% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Grand Ridge, Calhoun County, Florida
When examining property taxes in Grand Ridge, FL, 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 Calhoun 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.
In Calhoun 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 Grand Ridge. For example, the median home price in Grand Ridge is $45,060, with tax bills ranging significantly across the county. Zip code 32442 has the highest median home price at $45,060.
Property Tax Assessment Values Across Grand Ridge, Calhoun County, Florida
Source: Ownwell
$41,187
$62,115
$83,043
Median Grand Ridge Market Value
$45,060
Median Calhoun County Market Value
$72,335
Median Florida Market Value
$310,033
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grand Ridge, Calhoun County, Florida
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32442 | $23,292 | $28,831 | $45,060 | $91,632 | $126,735 |
Source: Ownwell
Property Tax Bills Across Grand Ridge, Calhoun County, Florida
Median Grand Ridge Tax Bill
$305
Median Calhoun County Tax Bill
$505
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$2,400
Property Tax Bills Across Grand Ridge, Calhoun County, Florida
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
32442 | $33 | $141 | $305 | $525 | $986 |
Source: Ownwell