Property Taxes in Crescent City, Florida
Median Crescent City, Florida effective property tax rate: 1.31%, significantly higher than the national median of 1.02%, and higher than the Florida state median of 1.10%.
Median Crescent City, Florida home value: $107,200
Median annual Crescent City, Florida tax bill: $1,085, lower than the national median property tax bill of $2,400.
How are property taxes in Putnam County calculated?
Property taxes in Crescent City, 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 Crescent City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Crescent City, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Crescent City Property Tax Calculator Work?
Use this Crescent City property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Crescent City's median effective tax rate of 1.31% — based on actual property records in Putnam 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 Crescent City'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 Crescent City: rates range from 1.31% in 32112 to 1.31% in 32112, 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 Crescent City.
About Crescent City Property Taxes
About Property Taxes in Crescent City, Putnam, Florida
Crescent City’s median effective property tax rate of 1.31% is higher than the Florida state median of 1.10% and higher than the national median of 1.02%. This rate reflects the Putnam County levy combined with local taxing authorities that affect assessed values across the city.
Property tax rates are not uniform across Crescent City. Homeowners in ZIP code 32112 carry a median effective rate of 1.31%, while the lowest rate is also 1.31%. This means there is no ZIP-code spread in the city, but your assessed value still plays a major role in your annual tax bill.
Crescent City homeowners who believe their assessed value is too high can file a formal appeal with the Property Appraiser before the September 15, 2026 deadline each year.
If your estimated bill 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 Crescent City, Putnam 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 Crescent City’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 Ă· 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 Crescent City Tax Rate
1.31%
Our median effective property tax rate (tax bill Ă· 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 Putnam County Tax Rate
1.08%
Median Effective Florida Tax Rate
1.10%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Crescent City, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32112 | 0.36% | 0.56% | 1.31% | 1.69% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Crescent City, Putnam County, Florida
When examining property taxes in Crescent City, 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 Putnam 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 Putnam 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. The median home price in Crescent City is $107,200, with tax bills ranging significantly across the county. Zip code 32112 has the highest median home price at $107,200.
Crescent City’s median property tax bill is $1,085, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Crescent City, Putnam County, Florida
Source: Ownwell
$59,235
$194,645
$330,055
Median Crescent City Market Value
$107,200
Median Putnam County Market Value
$127,430
Median Florida Market Value
$310,033
Median United States Market Value
$274,101
Property Tax Assessment Values Across Crescent City, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32112 | $41,978 | $66,950 | $107,200 | $197,520 | $357,854 |
Source: Ownwell
Property Tax Bills Across Crescent City, Putnam County, Florida
Property tax bills in Crescent City are based on the assessed value of a home and the local tax rate set by taxing authorities in Putnam County. The bill is determined by multiplying the assessed market value by the applicable tax rate, then applying any exemptions that may lower the amount owed. For homeowners, this means a higher assessed value can lead to a larger tax bill, while exemptions can reduce the final amount.
In Crescent City, the median home price is $107,200, and the median property tax bill is $1,085. That is below the national median property tax bill of $2,400, which can make local property taxes feel more manageable for many homeowners. Still, bills can vary widely, with some homeowners paying much less and others paying significantly more depending on their property’s assessed value and location within the county.
Median Crescent City Tax Bill
$1,085
Median Putnam County Tax Bill
$1,151
Median Florida Tax Bill
$3,263
Median United States Tax Bill
$3,209
Property Tax Bills Across Crescent City, Putnam County, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32112 | $262 | $578 | $1,085 | $2,049 | $3,969 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 8 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Putnam Property Appraiser | |
| Website | apps.putnam-fl.com |