Property Taxes in Lutz, Florida
Median Lutz, Florida effective property tax rate: 1.13%, significantly higher than the national median of 1.02%, and higher than the Florida state median of 1.10%.
Median Lutz, Florida home value: $425,652
Median annual Lutz, Florida tax bill: $4,988, higher than the national median property tax bill of $2,400.
How are property taxes in Hillsborough calculated?
Property taxes in Lutz, 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 Lutz's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lutz, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Lutz Property Tax Calculator Work?
Use this Lutz property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Lutz's median effective tax rate of 1.13% — based on actual property records in Hillsborough 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 Lutz'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 Lutz: rates range from $3,841.00 in 33559 to $6,089.00 in 33558, primarily due to differences in school district levies and local assessment districts. Lutz's median effective tax rate is higher than Florida's 1.10% state median, and the median tax bill is $4,988, compared with the national median property tax bill of $2,400.
If your estimate is higher than expected, Ownwell can appeal your Lutz assessment — you only pay if we save you money.
About Lutz Property Taxes
About Property Taxes in Lutz, Hillsborough, Florida
Lutz’s median effective property tax rate of 1.13% is higher than the Florida state median of 1.10% and higher than the national median of 1.02%. This rate reflects the Hillsborough County base levy combined with local school district levies and Municipal Service Benefit Units (MSBUs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Lutz. Homeowners in ZIP code 33558 carry a median effective rate of 1.24%, while those in 33549 pay 0.93%. This spread reflects how school district boundaries and local assessment districts are drawn across Hillsborough County.
Lutz homeowners who believe their assessed value is too high can file a formal appeal with the Property Appraiser before the September 12, 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 Lutz, Hillsborough 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 Lutz'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 Lutz Tax Rate
1.13%
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 Hillsborough County Tax Rate
1.29%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Lutz, Hillsborough County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33548 | 0.68% | 0.83% | 1.02% | 1.41% | 1.77% |
| 33549 | 0.62% | 0.71% | 0.93% | 1.54% | 1.83% |
| 33558 | 0.78% | 0.92% | 1.24% | 1.65% | 1.93% |
| 33559 | 0.62% | 0.78% | 1.18% | 1.75% | 1.99% |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Lutz, Hillsborough County, Florida
When examining property taxes in Lutz, 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 Hillsborough County appraisal district 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 Hillsborough County are sent in August each year. They 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. The median home price in Lutz is $425,652, with median tax bills at $4,988. Tax bills range from $3,077 at the 25th percentile to $10,917 at the 90th percentile, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400.
Property Tax Assessment Values Across Lutz, Hillsborough County, Florida
Source: Ownwell
$101,997
$417,091
$732,185
Median Lutz Market Value
$425,652
Median Hillsborough County Market Value
$293,822
Median Florida Market Value
$310,033
Median United States Market Value
$274,101
Property Tax Assessment Values Across Lutz, Hillsborough County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33548 | $165,074 | $323,515 | $471,717 | $681,032 | $961,461 |
| 33549 | $203,171 | $273,531 | $355,474 | $520,724 | $743,397 |
| 33558 | $257,713 | $360,252 | $466,976 | $601,337 | $750,522 |
| 33559 | $153,727 | $205,067 | $315,776 | $657,170 | $922,967 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Lutz, Hillsborough County, Florida
Property tax bills in Lutz are based on a home’s assessed value, local tax rates, and any exemptions a homeowner receives. With a median home price of $425,652, bills can vary widely across the city, and the amount owed depends on how your property is valued by the county and which taxing authorities apply. For many homeowners, that means a bill can be higher or lower than expected depending on the market and the assessment.
In Lutz, the 25th percentile tax bill is $3,077, the 75th percentile is $7,538, and the 90th percentile is $10,917. The highest median tax bill is $6,089 in ZIP code 33558, while the lowest median tax bill is $3,841 in ZIP code 33559. Compared with the national median property tax bill of $2,400, Lutz homeowners often pay more.
Ownwell helps homeowners review their assessed value, identify savings opportunities, and appeal unfair property taxes to reduce what they owe.
Median Lutz Tax Bill
$4,988
Median Hillsborough County Tax Bill
$3,758
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$3,209
Property Tax Bills Across Lutz, Hillsborough County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33548 | $1,951 | $3,342 | $4,874 | $8,385 | $12,472 |
| 33549 | $1,569 | $2,233 | $3,858 | $5,783 | $8,752 |
| 33558 | $2,783 | $4,312 | $6,089 | $8,180 | $10,598 |
| 33559 | $1,247 | $2,257 | $3,841 | $7,582 | $14,975 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 11 |
| Tax Bill | |
| Issued | November 1 |
| Due Date #1 | March 31 |
Links | |
|---|---|
| Hillsborough Property Appraiser | |
| Phone | (813) 272-6100 |
| Website | gis.hcpafl.org |