How much are property taxes in Silver Springs Shores, FL?

Homeowners in Silver Springs Shores, FL pay a median of $1,406 (±$103) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $1,631.

Homes without a mortgage pay a median of $1,104.

That is about 0.7% of the median home value of $201,300.

In Silver Springs Shores, the median real estate tax went from $843 in 2015–2019 to $1,406 in 2020–2024 (+66.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median real estate taxes
$1,406 (±$103)
With a mortgage
$1,631
Without a mortgage
$1,104
Share of median value
0.7%

Real estate taxes in Silver Springs Shores against Marion County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Silver Springs ShoresMarion CountyFloridaUnited States
Median real estate taxes$1,406 (±$103)$1,806 (±$43)$2,730 (±$10)$3,119
Homes with a mortgage$1,631 (±$166)$1,998 (±$69)$2,993 (±$15)$3,489
Homes without a mortgage$1,104 (±$128)$1,552 (±$84)$2,319 (±$16)$2,576
Median home value$201,300 (±$9,931)$243,100 (±$4,168)$359,000 (±$930)$332,700

In Silver Springs Shores, the median real estate tax is lower than in Marion County ($1,806).

It is also lower than in Florida ($2,730).

It is lower than the national figure ($3,119).

In Marion County, Silver Springs Shores ranks 10 of 17 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 648 of 825.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Silver Springs Shores

The median tax ($1,406) is 0.7% of the median home value ($201,300).

Across Marion County the same ratio is 0.7%.

Across Florida it is 0.8%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Silver Springs Shores have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$843 (±$84)$1,406 (±$103)+66.8%Up after inflation
Median home value$83,700 (±$10,173)$201,300 (±$9,931)+140.5%Up after inflation
Median owner cost with a mortgage$854 (±$42)$1,208 (±$62)+41.5%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Silver Springs Shores

Nearest places with a published estimate, compared with Silver Springs Shores
PlaceDistanceMedian real estate taxesCompared with this place
Silver Springs Shores—$1,406 (±$103)—
Belleview4.3 mi$1,724 (±$155)Higher
Ocklawaha6.6 mi$1,337 (±$268)Not measurably different
Silver Springs7.8 mi$200 or less—
Silver Springs Shores East9.0 mi$1,829 (±$508)Not measurably different
Ocala9.4 mi$1,723 (±$132)Higher
Liberty Triangle13 mi$1,913 (±$121)Higher
Marion Oaks13 mi$1,912 (±$284)Higher
Lady Lake14 mi$2,373 (±$321)Higher

Nearby places with a measurably higher figure: Belleview, FL ($1,724), Ocala, FL ($1,723), Liberty Triangle, FL ($1,913).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Marion County, place by place

RankPlaceMedian real estate taxes
4Marion Oaks$1,912 (±$284)
5Silver Springs Shores East$1,829 (±$508)
6McIntosh$1,769 (±$288)
7Belleview$1,724 (±$155)
8Ocala$1,723 (±$132)
9Rainbow Park$1,498 (±$408)
10Silver Springs Shores$1,406 (±$103)
11Ocklawaha$1,337 (±$268)
12Rainbow Lakes Estates$1,315 (±$231)
13Dunnellon$1,188 (±$496)
14Reddick$1,086 (±$410)
15Ocala Estates$1,046 (±$564)
16Lake Kerr$913 (±$128)

Showing 13 of 17 places in Marion County, ranked from highest to lowest.

Silver Springs Shores is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Silver Springs Shores

How much are property taxes in Silver Springs Shores?

The median real estate tax paid by homeowners in Silver Springs Shores, FL is $1,406 (±$103) a year (2020–2024 American Community Survey).

What is the property tax rate in Silver Springs Shores?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.7% of the median home value in Silver Springs Shores, and the actual rate is set by the town, county and school district.

Have property taxes in Silver Springs Shores gone up?

In Silver Springs Shores, the median real estate tax went from $843 in 2015–2019 to $1,406 in 2020–2024 (+66.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Are property taxes in Silver Springs Shores higher than in Marion County?

In Silver Springs Shores, the median real estate tax is lower than in Marion County ($1,806).

It is also lower than in Florida ($2,730).

It is lower than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Silver Springs Shores CDP, Florida (place:66175, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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