Dunnellon, Levy County, Florida Property Taxes
Property Taxes in Dunnellon, Florida
Median Dunnellon, Florida effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Dunnellon, Florida home value: $217,628
Median annual Dunnellon, Florida tax bill: $1,924, lower than the national median property tax bill of $2,400.
How are property taxes in Levy County 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
Dunnellon, Levy County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.94%
Estimate Property Tax Bill
$2,046
$1,898
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 0.94% — based on actual property records in Levy County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system 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 are 0.94% in 34431, 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, Levy, Florida
Dunnellon’s median effective property tax rate of 0.94% is lower than the Florida state median of 1.10% and lower than the national median of 1.02%. This rate reflects the Levy 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 Dunnellon. Homeowners in the 34431 ZIP code carry a median effective rate of 0.94%, while those in the same ZIP code pay 0.94%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Levy 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 local 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, Levy 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 ÷ 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
0.94%
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 Levy County Tax Rate
1.08%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dunnellon, Levy County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34431 | 0.47% | 0.59% | 0.94% | 1.37% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Dunnellon, Levy 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 Levy 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 Levy 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. The median home price in Dunnellon is $217,628, and the median tax bill is $1,924, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. Tax bills range across the county, with 34431 showing the highest median home price at $217,628.
Property Tax Assessment Values Across Dunnellon, Levy County, Florida
Source: Ownwell
$108,521
$173,011
$237,500
Median Dunnellon Market Value
$217,628
Median Levy County Market Value
$143,300
Median Florida Market Value
$310,033
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dunnellon, Levy County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34431 | $111,096 | $154,171 | $217,628 | $298,149 | $372,917 |
Source: Ownwell
Property Tax Bills Across Dunnellon, Levy County, Florida
Property tax bills in Dunnellon are based on the assessed value of a home, not the market price alone. Local taxing authorities apply the property tax rate to that assessed value, and exemptions or other adjustments can reduce the final bill. For homeowners, this means the amount owed can vary even among similar homes, depending on how each property is assessed and what tax relief applies.
In Dunnellon, the median home price is $217,628, and the median property tax bill is $1,924. That is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Tax bills in the area also vary widely, with the 25th percentile at $1,029 and the 75th percentile at $2,907.
For many homeowners, a higher assessed value can mean a higher bill, while exemptions can help lower it.
Median Dunnellon Tax Bill
$1,924
Median Levy County Tax Bill
$1,263
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$2,400
Property Tax Bills Across Dunnellon, Levy County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34431 | $740 | $1,029 | $1,924 | $2,907 | $4,003 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 15 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Levy Property Appraiser | |
| Website | qpublic.schneidercorp.com |