Property Taxes in Beverly Hills, Florida
Median Beverly Hills, Florida effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Beverly Hills, Florida home value: $194,556
Median annual Beverly Hills, Florida tax bill: $1,727, $673 lower than the national median property tax bill of $2,400.
How are property taxes in Citrus calculated?
Property taxes in Beverly Hills, 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 Beverly Hills's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Beverly Hills, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Beverly Hills Property Tax Calculator Work?
Use this Beverly Hills property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Beverly Hills's median effective tax rate of 0.74% — based on actual property records in Citrus 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 Beverly Hills'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 Beverly Hills: rates range from 0.74% in 34465 to 0.74% in 34465, 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 Beverly Hills.
About Beverly Hills Property Taxes
About Property Taxes in Beverly Hills, Citrus, Florida
Beverly Hills’s median effective property tax rate of 0.74% is lower than the Florida state median of 1.10% and lower than the national median of 1.02%. This rate reflects the Citrus County base levy and local taxing authorities that affect homeowners throughout the area.
Property tax rates are not uniform across Beverly Hills. Homeowners in ZIP code 34465 carry a median effective rate of 0.74%, and the same ZIP code also reflects the city’s median tax bill of $1,727. That consistency shows how local assessments shape what homeowners pay in Citrus County.
Beverly Hills 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 Beverly Hills, Citrus 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 Beverly Hills'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 Beverly Hills Tax Rate
0.74%
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 Citrus County Tax Rate
0.77%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Beverly Hills, Citrus County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34465 | 0.28% | 0.47% | 0.74% | 1.21% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Beverly Hills, Citrus County, Florida
When examining property taxes in Beverly Hills, 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 Citrus 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 Citrus County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of August.
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 Beverly Hills is $194,556, with tax bills ranging significantly across the county. Zip code 34465 has the highest median home price at $194,556.
Property Tax Assessment Values Across Beverly Hills, Citrus County, Florida
Source: Ownwell
$109,440
$180,513
$251,586
Median Beverly Hills Market Value
$194,556
Median Citrus County Market Value
$201,952
Median Florida Market Value
$310,033
Median United States Market Value
$274,101
Property Tax Assessment Values Across Beverly Hills, Citrus County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34465 | $121,893 | $140,502 | $194,556 | $357,896 | $456,032 |
Source: Ownwell
Property Tax Bills Across Beverly Hills, Citrus County, Florida
Property tax bills in Beverly Hills are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value and any eligible exemptions. For homeowners, the assessed value is the starting point for determining how much tax is owed each year. When market values rise, tax bills can increase, even if the home has not changed.
In Beverly Hills, the median home price is $194,556, and the median property tax bill is $1,727. That is below the national median property tax bill of $2,400, which can make the area relatively more affordable for some homeowners. Still, actual bills vary widely. The 25th percentile tax bill is $797, while the 75th percentile is $2,768, and the 90th percentile reaches $4,160. These differences show how location, assessed value, and exemptions can affect what homeowners pay.
Median Beverly Hills Tax Bill
$1,727
Median Citrus County Tax Bill
$1,572
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$3,209
Property Tax Bills Across Beverly Hills, Citrus County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34465 | $437 | $797 | $1,727 | $2,768 | $4,160 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Appeal Deadline | September 8 |
| Tax Bill | |
| Due Date #1 | March 31 |
Links | |
|---|---|
| Citrus Property Appraiser | |
| Website | www.citruspa.org |