New Port Richey, Pasco County, Florida Property Taxes
Property Taxes in New Port Richey, Florida
Median New Port Richey, Florida effective property tax rate: 1.09%, significantly higher than the national median of 1.02%, and slightly lower than the Florida state median of 1.10%.
Median New Port Richey, Florida home value: $242,032
Median annual New Port Richey, Florida tax bill: $2,400, lower than the national median property tax bill of $2,400.
How are property taxes in Pasco calculated?
Property taxes in New Port Richey, 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 New Port Richey's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Port Richey, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
New Port Richey, Pasco County, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$2,638
$2,448
$774
Average Annual Tax Savings
How Does the New Port Richey Property Tax Calculator Work?
Use this New Port Richey property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies New Port Richey’s median effective tax rate of 1.09% — based on actual property records in Pasco 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 New Port Richey’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 New Port Richey: rates range from $2,043.00 in 34653 to $2,956.00 in 34655, primarily due to differences in school district levies and local assessment districts.
New Port Richey’s median property tax bill is $2,400, which is higher than the Florida median tax rate of 1.10% and lower than the national median property tax bill of $2,400. If your estimate is higher than expected, Ownwell can appeal your New Port Richey assessment — you only pay if we save you money.
About New Port Richey Property Taxes
About Property Taxes in New Port Richey, Pasco, Florida
New Port Richey’s median effective property tax rate of 1.09% is higher than the Florida state median of 1.10% and higher than the national median of 1.02%. This rate reflects the Pasco 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 New Port Richey. Homeowners in the 34652 ZIP code carry a median effective rate of 1.27%, while those in 34655 pay 0.99%. This spread — 0.28 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Pasco County. Understanding which part of New Port Richey you live in can make a meaningful difference to your annual tax bill.
New Port Richey homeowners who believe their assessed value is too high can file a formal appeal with the local Property Appraiser before September 15, 2026.
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 New Port Richey, Pasco 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 New Port Richey’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 New Port Richey Tax Rate
1.09%
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 Pasco County Tax Rate
1.35%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Port Richey, Pasco County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34652 | 0.34% | 0.62% | 1.27% | 1.63% | 1.88% |
| 34653 | 0.36% | 0.51% | 1.08% | 1.61% | 1.88% |
| 34654 | 0.42% | 0.61% | 1.02% | 1.58% | 1.86% |
| 34655 | 0.45% | 0.65% | 0.99% | 1.54% | 1.78% |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across New Port Richey, Pasco County, Florida
When examining property taxes in New Port Richey, 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 Pasco 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 Pasco County, assessment notices are sent in the spring each year. They'll 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. 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 New Port Richey.
For example, the median home price in New Port Richey is $242,032, with tax bills ranging significantly across the county. 34655 has the highest median home price at $315,403.
Property Tax Assessment Values Across New Port Richey, Pasco County, Florida
Source: Ownwell
$78,069
$315,100
$552,130
Median New Port Richey Market Value
$242,032
Median Pasco County Market Value
$272,015
Median Florida Market Value
$310,033
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Port Richey, Pasco County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34652 | $91,595 | $138,608 | $201,209 | $301,869 | $597,445 |
| 34653 | $113,553 | $164,370 | $220,889 | $284,260 | $342,666 |
| 34654 | $56,467 | $117,025 | $261,689 | $357,457 | $483,255 |
| 34655 | $164,819 | $217,126 | $315,403 | $397,278 | $521,667 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across New Port Richey, Pasco County, Florida
Property tax bills in New Port Richey are based on the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value, and the final bill can also reflect exemptions and other local factors. With a median home price of $242,032, homeowners in Pasco County can see very different bills depending on where they live and how their property is assessed.
In New Port Richey, the median property tax bill is $2,043 in ZIP code 34653 and $2,956 in ZIP code 34655, while the 25th percentile is $1,229 and the 75th percentile is $3,974. That means some homeowners pay less than the national median property tax bill of $2,400, while others pay more. Higher assessed values and local tax rates can raise the bill, which can put pressure on monthly budgets.
Ownwell helps homeowners lower their property tax bills by reviewing assessments and pursuing appeals when a home is overassessed.
Median New Port Richey Tax Bill
$2,400
Median Pasco County Tax Bill
$2,983
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$2,400
Property Tax Bills Across New Port Richey, Pasco County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 34652 | $589 | $1,060 | $2,274 | $3,785 | $6,612 |
| 34653 | $668 | $1,046 | $2,043 | $3,394 | $4,857 |
| 34654 | $510 | $1,002 | $2,167 | $3,959 | $5,595 |
| 34655 | $887 | $1,915 | $2,956 | $4,799 | $6,689 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 15 |
| Tax Bill | |
| Issued | November 1 |
| Due Date #1 | March 31 |
Links | |
|---|---|
| Pasco Property Appraiser | |
| Website | search.pascopa.com |