32431 Property Tax Rate
Cottondale, Florida · Part of Jackson County
Effective Tax Rate
0.58%
66.8% below state avgMedian Annual Tax
$879
$73/mo escrow
Estimate Your Tax
Annual Tax
$879
Monthly
$73
Eff. Rate
0.58%
Buyer decision brief
What ZIP 32431 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$73/mo
Based on median annual tax paid
State context
0.19 percentage points below the Florida average
Florida average: 0.76%
Data confidence
Moderate confidenceThe Census margin of error is $177, about 20% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Jackson County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 32431 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Moderate ACS confidence
$177 tax MOE, 20% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County context only
Jackson County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 32431
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $152,200, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.58%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Florida and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $73 per month before insurance, HOA dues, or special assessments.
Assessor verification
Jackson County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 32431 Compares
Median Annual Property Tax
ZIP 32431
0.58%
Effective rate
Florida Avg
0.76%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Florida
Lower than 89% of ZIP codes in Florida(11th percentile, 928 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 32431
Property owners in ZIP code 32431 (Cottondale, Florida) pay a median of $879/year in property taxes on homes valued at $152,200. This translates to an effective tax rate of 0.58%, which is 24% below the Florida state average of 0.76%.
The monthly property tax burden for a median-valued home in 32431 is approximately $73, which factors into escrow payments on mortgages. This ZIP code is located within Jackson County. This is $1,766 less than the Florida average of $2,645/year.
Compared to similar ZIP codes in Florida, 32431 has higher property taxes. ZIP codes with similar effective rates include 34138 (0.58%) and 32505 (0.58%).
In Cottondale, property taxes represent approximately 1.7% of the median household income of $52,270, providing context for the relative tax burden on homeowners in this area.
If you're considering purchasing a home in 32431, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Jackson County's tax assessor directly.
Frequently Asked Questions
What is the property tax rate in ZIP code 32431?
How much are property taxes in Cottondale, FL (32431)?
How does ZIP 32431 compare to the Florida average?
What is the median home value in ZIP 32431?
What county is ZIP code 32431 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$177. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 32431 is part of Jackson County, Florida. View the full county profile for broader context and more data.
View Jackson County on TaxByCounty →Why compare these ZIPs?
Better comparison set for ZIP 32431
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
32445
Malone, FL
0.15 percentage points lower than ZIP 32431.
Rate
0.43%
Tax
$436
Quality
77
32442
Grand Ridge, FL
0.14 percentage points lower than ZIP 32431.
Rate
0.44%
Tax
$495
Quality
77
32448
Marianna, FL
0.09 percentage points lower than ZIP 32431.
Rate
0.49%
Tax
$529
Quality
84
32460
Sneads, FL
0.05 percentage points lower than ZIP 32431.
Rate
0.53%
Tax
$576
Quality
77
32440
Graceville, FL
0.01 percentage points lower than ZIP 32431.
Rate
0.57%
Tax
$485
Quality
82
33109
Miami Beach, FL
0.08 percentage points lower than ZIP 32431.
Rate
0.50%
Tax
$10,001
Quality
82
33921
Boca Grande, FL
0.08 percentage points lower than ZIP 32431.
Rate
0.50%
Tax
$10,001
Quality
68
34102
Naples, FL
$1,269,800 higher median home value than ZIP 32431.
Rate
0.60%
Tax
$8,480
Quality
89
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.