Cottondale, Jackson County, Florida Property Taxes

Name: Property Tax Bills Across Cottondale, Jackson County, Florida
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Cottondale, FL effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Cottondale, FL home value: $99,517
Median annual Cottondale, FL tax bill: $624, which is $1,776 lower compared to the national median property tax bill of $2,400.

How are property taxes in Jackson County calculated?

Property taxes in Cottondale, 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 Cottondale's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cottondale, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cottondale, Jackson County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.67%

Estimate Property Tax Bill

$667

$619

Ownwell’s Cottondale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cottondale with just two data points. By entering your property's estimated assessed value, our calculator applies Cottondale’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Jackson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cottondale, Jackson County, Florida

Local government entities are responsible for setting tax rates, which can differ significantly within a state. Each county annually estimates the budget needed 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 votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Cottondale, located in Jackson County, the effective property tax rate provides an interesting perspective when compared to other cities in Florida and the national average. With a median property tax rate of 0.67%, Cottondale's rate is considerably lower than the national median of 1.02%. This can be advantageous for property owners in Cottondale, as it translates to lower annual tax bills compared to many other parts of the country. For residents, this means more of their hard-earned money stays in their pockets, potentially increasing disposable income and boosting local economic activity.

Property Tax Rates Across Cottondale, Jackson County, Florida

Source: Ownwell

0.61%

0.88%

1.16%

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 Cottondale Tax Rate

0.67%

Median Effective Jackson County Tax Rate

0.75%

Median Effective Florida Tax Rate

1.10%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cottondale, Jackson County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32431	0.20%	0.40%	0.67%	1.20%	1.52%

Source: Ownwell

Property Tax Assessment Values Across Cottondale, Jackson County, Florida

When examining property taxes in Cottondale, 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 Jackson 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 Jackson 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 Cottondale. For example, the median home price in Cottondale is $99,517, with tax bills ranging significantly across the county. Zip code 32431 has the highest median home price at $99,517.

Property Tax Assessment Values Across Cottondale, Jackson County, Florida

Source: Ownwell

$76,862

$111,413

$145,964

Median Cottondale Market Value

$99,517

Median Jackson County Market Value

$108,490

Median Florida Market Value

$310,033

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cottondale, Jackson County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32431	$34,418	$59,921	$99,517	$159,932	$233,936

Source: Ownwell

Property Tax Bills Across Cottondale, Jackson County, Florida

In Cottondale, located in Jackson County, FL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. With the median home price at $99,517, homeowners in Cottondale face a median tax bill of $624, significantly below the national median of $2,400. The 25th percentile tax bill is $345, while the 75th percentile reaches $1,215, illustrating a range of tax burdens across different properties. Factors such as property size, location, and improvements can affect the assessed value, impacting the final tax bill. For homeowners, this can mean varying financial obligations that may strain budgets. Ownwell offers expert property tax appeal and exemption services to help homeowners reduce their tax bills. By identifying discrepancies in assessments or applying for eligible exemptions, Ownwell can assist in lowering the financial burden, ensuring homeowners pay only their fair share.

Property Tax Bills Across Cottondale, Jackson County, Florida

Source: Ownwell

$532

$853

$1,173

Median Cottondale Tax Bill

$624

Median Jackson County Tax Bill

$762

Median Florida Tax Bill

$3,263

Median United States Tax Bill

$2,400

Property Tax Bills Across Cottondale, Jackson County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32431	$169	$345	$624	$1,215	$2,004

Source: Ownwell