32011 Property Tax Rate

Property owners in ZIP code 32011 (Callahan, Florida) pay a median of $1,532/year in property taxes on homes valued at $234,800. This translates to an effective tax rate of 0.65%, which is 15% below the Florida state average of 0.76%.

The monthly property tax burden for a median-valued home in 32011 is approximately $128, which factors into escrow payments on mortgages. This ZIP code is located within Nassau County. This is $1,113 less than the Florida average of $2,645/year.

Compared to similar ZIP codes in Florida, 32011 has higher property taxes. ZIP codes with similar effective rates include 32040 (0.65%) and 33036 (0.65%).

In Callahan, property taxes represent approximately 2.0% of the median household income of $77,121, providing context for the relative tax burden on homeowners in this area.

Florida reassesses homestead properties to market value at sale, then caps annual increases at 3% or CPI thereafter under the Save Our Homes Act. Nassau County homeowners qualify for a $25,000 homestead exemption plus up to $25,000 additional exemption on non-school assessed value — complete and file Form DR 501 with the Nassau County Property Appraiser within 30 days of closing. Request a Property Record Card from the Nassau County Property Appraiser to verify the assessed value and challenge it within 25 days of receipt if it appears inflated relative to your purchase price or comparable homes.