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Rainbow Springs property tax, in one number.

0.71%effective tax rate on a home's value

The typical Rainbow Springs homeowner pays $2,210 a year on a $310,600 home. That's below the Marion County rate (0.74%) and well below the U.S. rate (0.94%).

Estimate my tax
Census ACS 5-year estimates, 2020–2024. Rate = median tax paid ÷ median home value.
Data from public sources
U.S. Census BureauAmerican Community Survey2020–2024 estimates

Rainbow Springs at a glance

Rainbow Springs is an unincorporated community (a Census-designated place) in Marion County. Five numbers that shape a typical property tax bill here.

$310,600
Median home value
$2,210
Median tax paid
$2,082
With a mortgage
$2,316
Mortgage paid off
90.9%
Of homes owner-occupied
Estimate my tax

Property tax calculator

Enter a home value to see a typical yearly bill at Rainbow Springs's average effective rate, or pick another area.

Estimate only. Uses average effective rates and doesn't apply homestead, senior or other exemptions, which lower many bills.
Estimated yearly tax
–
about – a month
−0.03 pts
Versus the Marion County rate
0.71% here, 0.74% for Marion County
  • Owners without a mortgage pay more.Homes owned outright paid a median $2,316, versus $2,082 for homes with a mortgage.
  • Share of income.The median bill equals about 3.9% of the median household income of $57,161.

The data, charted

Effective rate compared

ACS 2020–2024

Owners vs renters

2,890 occupied homes, ACS 2020–2024
Owner-occupied 90.9%Renter-occupied 9.1%

Cities in Marion County

Effective rate, ACS 2020–2024

Rainbow Springs compared

ACS 2020–2024
AreaMedian taxHome valueRate
Rainbow Springs$2,210$310,6000.71%
Marion County$1,806$243,1000.74%
Florida$2,730$359,0000.76%
United States$3,119$332,7000.94%

Other cities in Marion County

Effective property tax rates nearby.

Nearby

Good to know

What is the property tax rate in Rainbow Springs?

The effective rate is about 0.71%. The median homeowner pays $2,210 a year on a home worth a median $310,600 (ACS 2020–2024). The legal tax rates set by each taxing unit are different numbers; the effective rate is what owners actually pay as a share of value.

How much is property tax on a $300,000 home in Rainbow Springs?

About $2,130 a year, or roughly $178 a month, at Rainbow Springs's average effective rate of 0.71%. Homestead, senior, veteran or other exemptions can lower the real bill, and a recent purchase or reassessment can raise it.

Why is my bill different from this estimate?

Your bill depends on your home's assessed value from the county assessor, the exact taxing units where you live (county, city, school district, special districts) and any exemptions you get. These figures are medians across all owner-occupied homes, not a bill for any address.

How current is this data?

It comes from the U.S. Census Bureau's American Community Survey 5-year estimates for 2020–2024, the latest release. Homeowners report the taxes they paid, so the numbers lag current bills by one to two years. We update the site when the Census Bureau publishes new estimates each December.

Estimates, not your tax bill. These are Census survey medians for all owner-occupied homes (2020–2024). Your bill depends on your assessed value, the taxing units at your address and any exemptions. For your actual bill, check with your county assessor or tax collector. How we calculate this.

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