32073 Property Tax Rate

Property owners in ZIP code 32073 (Orange Park, Florida) pay a median of $1,736/year in property taxes on homes valued at $258,100. This translates to an effective tax rate of 0.67%, which is 12% below the Florida state average of 0.76%.

The monthly property tax burden for a median-valued home in 32073 is approximately $145, which factors into escrow payments on mortgages. This ZIP code is located within Clay County. This is $909 less than the Florida average of $2,645/year.

Compared to similar ZIP codes in Florida, 32073 has higher property taxes. ZIP codes with similar effective rates include 32708 (0.67%) and 34695 (0.67%).

In Orange Park, property taxes represent approximately 2.3% of the median household income of $76,139, providing context for the relative tax burden on homeowners in this area.

Florida's Save Our Homes Act caps annual increases on homestead properties at 3% or the Consumer Price Index (whichever is lower), but this protection resets to full market value when you purchase. Clay County provides a $25,000 homestead exemption plus an additional $25,000 exemption on non-school assessed value — file Form DR 501 with the Clay County Property Appraiser within 30 days of taking occupancy. Contact the Clay County Property Appraiser to verify your homestead designation was recorded and to request a formal assessment review if your opening value exceeds recent comparable sales.