34450 Property Tax Rate
Inverness, Florida · Part of Citrus County
Effective Tax Rate
0.57%
54.7% below state avgMedian Annual Tax
$1,197
$100/mo escrow
Estimate Your Tax
Annual Tax
$1,197
Monthly
$100
Eff. Rate
0.57%
Buyer decision brief
What ZIP 34450 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
$100/mo
Based on median annual tax paid
State context
0.20 percentage points below the Florida average
Florida average: 0.76%
Data confidence
High confidenceThe Census margin of error is $148, about 12% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Citrus 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 34450 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
Strong ACS confidence
$148 tax MOE, 12% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Citrus County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 34450
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 $210,200, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.57%, 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 $100 per month before insurance, HOA dues, or special assessments.
Assessor verification
Citrus County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 34450 Compares
Median Annual Property Tax
ZIP 34450
0.57%
Effective rate
Florida Avg
0.76%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Florida
Lower than 90% of ZIP codes in Florida(10th percentile, 928 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 34450
Property owners in ZIP code 34450 (Inverness, Florida) pay a median of $1,197/year in property taxes on homes valued at $210,200. This translates to an effective tax rate of 0.57%, which is 26% below the Florida state average of 0.76%.
The monthly property tax burden for a median-valued home in 34450 is approximately $100, which factors into escrow payments on mortgages. This ZIP code is located within Citrus County. This is $1,448 less than the Florida average of $2,645/year.
Compared to similar ZIP codes in Florida, 34450 has lower property taxes. ZIP codes with similar effective rates include 32565 (0.57%) and 32333 (0.57%).
In Inverness, property taxes represent approximately 2.4% of the median household income of $48,955, providing context for the relative tax burden on homeowners in this area.
Under Florida's Save Our Homes Act, your assessment resets to market value at sale but then is capped at 3% annual increases once homestead status is established. Citrus County provides a $25,000 homestead exemption plus an additional $25,000 exemption on non-school taxes — file with the Citrus County Property Appraiser by March 1 of the year following purchase to activate the growth cap. Contact the Citrus County Property Appraiser's office before your first tax bill arrives to register for homestead exemption and confirm your base year valuation.
Frequently Asked Questions
What is the property tax rate in ZIP code 34450?
How much are property taxes in Inverness, FL (34450)?
How does ZIP 34450 compare to the Florida average?
What is the median home value in ZIP 34450?
What county is ZIP code 34450 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$148. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 34450 is part of Citrus County, Florida. View the full county profile for broader context and more data.
View Citrus County on TaxByCounty →Explore Inverness, FL
View all 3 ZIP codes in Inverness with property tax comparisons.
View Inverness Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 34450
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
34452
Inverness, FL
0.11 percentage points lower than ZIP 34450.
Rate
0.46%
Tax
$953
Quality
96
34453
Inverness, FL
0.00 percentage points lower than ZIP 34450.
Rate
0.57%
Tax
$990
Quality
91
34436
Floral City, FL
0.04 percentage points lower than ZIP 34450.
Rate
0.53%
Tax
$1,074
Quality
84
34434
Dunnellon, FL
0.03 percentage points lower than ZIP 34450.
Rate
0.54%
Tax
$1,134
Quality
96
34461
Lecanto, FL
0.02 percentage points lower than ZIP 34450.
Rate
0.55%
Tax
$1,577
Quality
89
34428
Crystal River, FL
0.00 percentage points lower than ZIP 34450.
Rate
0.57%
Tax
$1,340
Quality
96
33109
Miami Beach, FL
0.07 percentage points lower than ZIP 34450.
Rate
0.50%
Tax
$10,001
Quality
82
33921
Boca Grande, FL
0.07 percentage points lower than ZIP 34450.
Rate
0.50%
Tax
$10,001
Quality
68
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.