Mayo, Lafayette County, Florida Property Taxes
Property Taxes in Mayo, Florida
Median Mayo, Florida effective property tax rate: 0.96%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Mayo, Florida home value: $85,862
Median annual Mayo, Florida tax bill: $811, lower than the national median property tax bill of $2,400.
How are property taxes in Lafayette calculated?
Property taxes in Mayo, 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 Mayo's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mayo, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Mayo, Lafayette County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.96%
Estimate Property Tax Bill
$824
$765
How Does the Mayo Property Tax Calculator Work?
Use this Mayo property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mayo's median effective tax rate of 0.96% — based on actual property records in Lafayette 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 Mayo'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 Mayo: rates range from 0.96% in 32066 to 0.96% in 32066, 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 Mayo.
About Mayo Property Taxes
About Property Taxes in Mayo, Lafayette, Florida
Mayo’s median effective property tax rate of 0.96% is lower than the Florida state median of 1.10% and lower than the national median of 1.02%. This rate reflects the Lafayette 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 Mayo. Homeowners in ZIP code 32066 carry a median effective rate of 0.96%, while those in the same ZIP code also pay 0.96%. This reflects how school district boundaries and local assessment districts are drawn across Lafayette County. Understanding where you live in Mayo can still help you better evaluate your annual tax bill.
Mayo homeowners who believe their assessed value is too high can file a formal appeal with the local Property Appraiser before the September 15, 2025 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 Mayo, Lafayette 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 Mayo'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 Mayo Tax Rate
0.96%
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 Lafayette County Tax Rate
0.97%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mayo, Lafayette County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32066 | 0.47% | 0.67% | 0.96% | 1.68% | 2.26% |
Source: Ownwell
Property Tax Assessment Values Across Mayo, Lafayette County, Florida
When examining property taxes in Mayo, 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 Lafayette 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 Lafayette County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 Mayo.
For example, the median home price in Mayo is $85,862, with tax bills ranging significantly across the county. 32066 has the highest median home price at $85,862.
Property Tax Assessment Values Across Mayo, Lafayette County, Florida
Source: Ownwell
$85,862
$96,489
$107,116
Median Mayo Market Value
$85,862
Median Lafayette County Market Value
$90,324
Median Florida Market Value
$310,033
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mayo, Lafayette County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32066 | $22,726 | $41,286 | $85,862 | $165,656 | $250,035 |
Source: Ownwell
Property Tax Bills Across Mayo, Lafayette County, Florida
What determines property tax bills in Mayo, Florida?
Property tax bills in Mayo are based on the assessed value of a home and the local tax rate set by taxing authorities in Lafayette County. The assessed value is compared with the market value of the property, and that figure is used to calculate the bill. For homeowners, this means a higher assessed value can lead to a larger tax bill, while a lower assessed value can reduce what is owed.
How much do homeowners typically pay?
The median home price in Mayo is $85,862, and the median property tax bill is $811.00. That is well below the national median property tax bill of $2,400, showing that property taxes in this area are relatively modest. Still, bills can vary widely: the 25th percentile is $423, while the 75th percentile is $1,629 and the 90th percentile reaches $2,562.
What affects the final amount?
Factors like home value, exemptions, and local rates all play a role. Even small changes in assessed value can affect what homeowners pay each year.
Median Mayo Tax Bill
$811
Median Lafayette County Tax Bill
$866
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$2,400
Property Tax Bills Across Mayo, Lafayette County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32066 | $175 | $423 | $811 | $1,629 | $2,562 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Appeal Deadline | September 15 |
Links | |
|---|---|
| Lafayette Property Appraiser | |
| Website | www.lafayettepa.com |