Grand Ridge, Jackson County, Florida Property Taxes

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

Median Grand Ridge, FL effective property tax rate: 0.61%, 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: $105,680
Median annual Grand Ridge, FL tax bill: $638, $1,762 lower than the national median property tax bill of $2,400.

How are property taxes in Jackson 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, Jackson County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.61%

Estimate Property Tax Bill

$645

$598

Ownwell’s GRAND RIDGE Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in GRAND RIDGE with just two data points. By entering your property's estimated assessed value, our calculator applies GRAND RIDGE’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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Grand Ridge, Jackson County, Florida

Local government entities have the authority to set property tax rates, leading to significant variations within a state. Each year, counties estimate their budgetary needs to deliver essential services and divide this amount by the total assessed value of all taxable properties in their area. This calculation determines the property tax rate. Although the process involves votes and legal frameworks, this is the basic annual procedure.

In Grand Ridge, located in Jackson County, the effective property tax rate stands at 0.61%. This rate is notably lower than the national median property tax rate of 1.02%. Grand Ridge's rate is also reflective of the broader trend within Florida, where property taxes are generally lower compared to many other states. The median property tax rate in Florida aligns with Grand Ridge’s, showcasing the state’s relatively low property tax burden.

For property owners in Grand Ridge, this means a more favorable tax environment compared to other regions in the U.S., where the median property tax bill is around $2,400. This lower rate can be a significant factor for those considering property investments in the area, offering potential savings on annual property tax bills.

Property Tax Rates Across Grand Ridge, 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 Grand Ridge Tax Rate

0.61%

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 Grand Ridge, Jackson County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32442	0.20%	0.37%	0.61%	1.11%	1.30%

Source: Ownwell

Property Tax Assessment Values Across Grand Ridge, Jackson 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 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 March. 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 $105,680, with tax bills ranging significantly across the county. Zip code 32442 has the highest median home price at $105,680.

Property Tax Assessment Values Across Grand Ridge, Jackson County, Florida

Source: Ownwell

$76,862

$111,413

$145,964

Median Grand Ridge Market Value

$105,680

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 Grand Ridge, Jackson County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32442	$41,239	$68,136	$105,680	$163,328	$223,440

Source: Ownwell

Property Tax Bills Across Grand Ridge, Jackson County, Florida

In Grand Ridge, FL, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as location, size, and property condition. With a median home price of $105,680 in Grand Ridge, homeowners face tax bills that can vary significantly. The 25th percentile tax bill is $355, while the 75th percentile reaches $1,156, and the 90th percentile can be as high as $1,777. These figures highlight the variability in tax obligations, which can be burdensome for homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell can assist homeowners in Grand Ridge by identifying potential tax savings through appeals and exemptions. By reviewing property assessments and ensuring they are accurate, Ownwell helps reduce tax bills, providing financial relief and peace of mind. Homeowners can potentially save hundreds, if not thousands, on their property taxes with expert guidance.

Property Tax Bills Across Grand Ridge, Jackson County, Florida

Source: Ownwell

$532

$853

$1,173

Median Grand Ridge Tax Bill

$638

Median Jackson County Tax Bill

$762

Median Florida Tax Bill

$3,263

Median United States Tax Bill

$2,400

Property Tax Bills Across Grand Ridge, Jackson County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32442	$159	$355	$638	$1,156	$1,777

Source: Ownwell