Pace, Santa Rosa County, Florida Property Taxes

Name: Property Tax Bills Across Pace, Santa Rosa County, Florida
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median PACE, FL effective property tax rate: 1.27%, significantly higher than the national median of 1.02%, but lower than the Florida state median of 1.14%.
Median PACE, FL home value: $74,026
Median annual PACE, FL tax bill: $908, $1,492 lower than the national median property tax bill of $2,400.

How are property taxes in Santa Rosa calculated?

Property taxes in PACE, 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 PACE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in PACE, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Pace, Santa Rosa County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.09%

Estimate Property Tax Bill

$273

$253

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

Property Tax Rates Across Pace, Santa Rosa County, Florida

Local government entities determine property tax rates, leading to significant variations within a state. This is because each county annually estimates the budget required to provide essential services and divides it by the total value of taxable property in its area, resulting in the property tax rate. Although there are votes and laws that influence tax rates and budgets, this is the basic annual process.

In PACE, located in Santa Rosa County, FL, the effective property tax rate can be compared to other cities within Florida, as well as the median property tax rates in both Florida and the U.S. The median property tax rate in Florida is 1.27%, which is higher than the national median of 1.02%. This comparison highlights the importance of understanding local property tax rates, as they directly impact homeowners' annual tax bills. Being informed about these rates can help property owners make better financial decisions and potentially save money through appeals and exemptions.

Property Tax Rates Across Pace, Santa Rosa County, Florida

Source: Ownwell

0.49%

0.79%

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 Pace Tax Rate

1.09%

Median Effective Santa Rosa County Tax Rate

0.77%

Median Effective Florida Tax Rate

1.10%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pace, Santa Rosa County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32571	0.27%	0.79%	1.09%	1.28%	1.31%

Source: Ownwell

Property Tax Assessment Values Across Pace, Santa Rosa County, Florida

When examining property taxes in Pace, 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 Santa Rosa 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 Santa Rosa County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Pace. For example, the median home price in Pace is $74,026, with tax bills ranging significantly across the county. The 32571 zip code has the highest median home price at $71,449.

Property Tax Assessment Values Across Pace, Santa Rosa County, Florida

Source: Ownwell

$25,000

$220,481

$415,962

Median Pace Market Value

$25,000

Median Santa Rosa County Market Value

$247,736

Median Florida Market Value

$310,033

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pace, Santa Rosa County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32571	$25,000	$25,000	$25,000	$89,396	$175,756

Source: Ownwell

Property Tax Bills Across Pace, Santa Rosa County, Florida

In Pace, located in Santa Rosa County, FL, property tax bills are determined by the assessed value of a home combined with the local tax rate. With a median home price of $74,026, homeowners in Pace experience a range of property tax bills. The 25th percentile tax bill is $442, while the 75th percentile reaches $1,625, and the 90th percentile is $2,173. Interestingly, the highest and lowest median tax bills in the area are both $872, found in the 32571 zip code. Compared to the national median property tax bill of $2,400, Pace homeowners benefit from relatively lower tax bills. However, even these amounts can be a burden for some families. This is where Ownwell steps in to help homeowners save on their property tax bills. By providing expert property tax appeal and exemption services, Ownwell ensures that homeowners pay only their fair share. Our team reviews your property's assessed value and works to reduce it, potentially lowering your tax bill and providing significant savings.

Property Tax Bills Across Pace, Santa Rosa County, Florida

Source: Ownwell

$678

$2,133

$3,587

Median Pace Tax Bill

$982

Median Santa Rosa County Tax Bill

$1,869

Median Florida Tax Bill

$3,263

Median United States Tax Bill

$2,400

Property Tax Bills Across Pace, Santa Rosa County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32571	$300	$551	$982	$1,951	$2,399

Source: Ownwell

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