Property Taxes in Dunnellon, Florida
Median Dunnellon, Florida effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Dunnellon, Florida home value: $198,734
Median annual Dunnellon, Florida tax bill: $1,424, $976 lower than the national median property tax bill of $2,400.
How are property taxes in Citrus calculated?
Property taxes in Dunnellon, 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 Dunnellon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dunnellon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Dunnellon Property Tax Calculator Work?
Use this Dunnellon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Dunnellon's median effective tax rate of 0.75% — 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 Dunnellon'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 Dunnellon: rates range from $1374.00 in 34433 to $1374.00 in 34433, 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 Dunnellon.
About Dunnellon Property Taxes
About Property Taxes in Dunnellon, Citrus, Florida
Dunnellon’s median effective property tax rate of 0.75% 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 combined with local school district levies and Municipal Service Benefit Units that vary by subdivision throughout the city.
Property tax rates are not uniform across Dunnellon. Homeowners in ZIP code 34433 carry a median effective rate of 0.70%, and the same ZIP also shows the city’s lowest rate. This spread reflects how school district boundaries and local assessment districts are drawn across Citrus County. Understanding which part of Dunnellon you live in can make a meaningful difference to your annual tax bill.
Dunnellon 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 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 Dunnellon, 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 Dunnellon'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 Ă· 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 Dunnellon Tax Rate
0.75%
Our median effective property tax rate (tax bill Ă· 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 Dunnellon, Citrus County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34433 | 0.29% | 0.41% | 0.70% | 1.28% | 1.47% |
| 34434 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Dunnellon, Citrus County, Florida
When examining property taxes in Dunnellon, 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 August 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 Dunnellon is $198,734, with tax bills ranging significantly across the county. 34433 has the highest median home price at $189,493.
Property Tax Assessment Values Across Dunnellon, Citrus County, Florida
Source: Ownwell
$109,440
$180,513
$251,586
Median Dunnellon Market Value
$198,734
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 Dunnellon, Citrus County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34433 | $83,663 | $127,211 | $189,493 | $267,110 | $369,819 |
| 34434 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Dunnellon, Citrus County, Florida
Property tax bills in Dunnellon are based on the assessed value of a home, not its market price. Local taxing authorities apply their tax rates to that assessed value, and the final bill reflects the combination of county, city, school, and other local levies. For homeowners, this means a higher assessed value can lead to a larger bill, while exemptions or appeal outcomes can reduce what is owed.
With a median home price of $198,734, property taxes in Dunnellon are an important part of homeownership costs. The median tax bill in the area is $1,374, which is below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Bills can vary widely, from $641 at the 25th percentile to $2,539 at the 75th percentile and $3,608 at the 90th percentile, depending on the home and its assessed value.
Median Dunnellon Tax Bill
$1,424
Median Citrus County Tax Bill
$1,572
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$3,209
Property Tax Bills Across Dunnellon, Citrus County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34433 | $372 | $634 | $1,374 | $2,378 | $3,440 |
| 34434 | N/A | N/A | N/A | N/A | N/A |
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 |