Fresno, California Property Taxes
The median property tax rate in Fresno, CA is 1.23%, which is considerably higher than both the national median of 0.99% and the California state median of 1.21%. With a median home value of $207,925 in Fresno, the typical annual property tax bill reaches $2,533, falling just below the national median of $2,690. Property taxes in Fresno are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Fresno's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Fresno or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fresno, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,557
$2,416
Ownwell’s Fresno Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fresno with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fresno to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Fresno, California
Property taxes in Fresno, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fresno is 1.23%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Fresno set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fresno estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Fresno's effective property tax rate to other counties in California and the national median. For comparison, the 93701 zip code has the highest median property tax rate of 1.28%, while the 93720 zip code has the lowest median tax rate of 1.20%. Understanding how these areas compare with Fresno provides valuable insights into the varying tax landscape across Fresno County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fresno Tax Rate
1.23%
Average Fresno County Tax Rate
1.22%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fresno, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93650 | 0.91% | 1.15% | 1.21% | 1.27% | 1.30% |
93701 | 1.15% | 1.25% | 1.28% | 1.30% | 1.35% |
93702 | 1.16% | 1.20% | 1.27% | 1.29% | 1.32% |
93703 | 1.15% | 1.19% | 1.24% | 1.27% | 1.29% |
93704 | 1.16% | 1.20% | 1.24% | 1.27% | 1.38% |
93705 | 1.15% | 1.21% | 1.26% | 1.27% | 1.29% |
93706 | 1.07% | 1.15% | 1.23% | 1.30% | 1.37% |
93710 | 1.17% | 1.21% | 1.25% | 1.26% | 1.27% |
93711 | 1.18% | 1.20% | 1.23% | 1.26% | 1.27% |
93720 | 1.17% | 1.18% | 1.20% | 1.22% | 1.25% |
93721 | 1.16% | 1.25% | 1.27% | 1.31% | 1.40% |
93722 | 1.16% | 1.20% | 1.22% | 1.26% | 1.30% |
93723 | 1.17% | 1.22% | 1.27% | 1.33% | 1.43% |
93725 | 1.07% | 1.16% | 1.27% | 1.30% | 1.37% |
93726 | 1.16% | 1.20% | 1.26% | 1.27% | 1.28% |
93727 | 1.14% | 1.20% | 1.25% | 1.30% | 1.37% |
93728 | 1.16% | 1.21% | 1.27% | 1.29% | 1.32% |
93730 | 1.17% | 1.19% | 1.21% | 1.24% | 1.27% |
93737 | 1.16% | 1.19% | 1.22% | 1.31% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Fresno, California
In Fresno, California, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the county appraisal district for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Fresno, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, the highest median tax bill in Fresno is $5,698 in the 93730 zip code, while the lowest median tax bill is $913 in the 93650 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Fresno Assessed Value
$207,925
Average Fresno County Assessed Value
$220,090
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fresno, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93650 | $18,260 | $36,250 | $78,844 | $150,299 | $230,020 |
93701 | $39,909 | $53,340 | $82,939 | $148,323 | $208,834 |
93702 | $45,176 | $63,113 | $91,847 | $138,311 | $198,233 |
93703 | $61,560 | $88,141 | $124,800 | $185,135 | $241,409 |
93704 | $84,956 | $127,062 | $207,454 | $303,416 | $412,731 |
93705 | $57,602 | $94,520 | $139,435 | $207,687 | $273,374 |
93706 | $36,907 | $53,446 | $91,892 | $159,888 | $239,700 |
93710 | $94,351 | $138,826 | $195,796 | $280,580 | $346,181 |
93711 | $140,802 | $210,057 | $307,726 | $441,722 | $642,000 |
93720 | $146,079 | $211,953 | $300,750 | $396,894 | $508,103 |
93721 | $20,727 | $51,970 | $91,974 | $153,270 | $211,933 |
93722 | $102,438 | $158,023 | $225,254 | $302,940 | $382,500 |
93723 | $188,466 | $284,345 | $356,970 | $442,369 | $540,701 |
93725 | $37,633 | $80,890 | $139,257 | $220,335 | $302,392 |
93726 | $73,474 | $107,162 | $150,323 | $219,222 | $275,706 |
93727 | $90,538 | $151,490 | $257,217 | $345,933 | $429,424 |
93728 | $39,018 | $73,841 | $120,330 | $201,052 | $270,000 |
93730 | $257,701 | $348,770 | $470,206 | $707,516 | $983,315 |
93737 | $234,137 | $299,568 | $370,013 | $444,752 | $540,926 |
Source: Ownwell
Property Tax Bills Across Fresno, California
In Fresno, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. The property tax rate in Fresno is applied to this assessed value to determine the annual tax bill. For instance, the median home price in Fresno is $207,925, and property tax bills can vary significantly across different areas within the county. Factors such as the location of the property, any improvements made, and applicable exemptions or deductions can influence the assessed value and subsequently the tax bill. In Fresno, the 25th percentile tax bill is $1,436, while the 75th percentile tax bill reaches $3,921. The 90th percentile tax bill climbs to $5,403, demonstrating the range that homeowners might expect to pay. Homeowners in Fresno's zip code 93730 experience the highest median tax bill at $5,698, whereas those in zip code 93650 enjoy the lowest median tax bill at $913. Understanding these factors helps homeowners anticipate their annual property tax obligations and manage their finances accordingly.
Average Fresno Tax Bill
$2,533
Average Fresno County Tax Bill
$2,693
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Fresno, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93650 | $205 | $427 | $913 | $1,813 | $2,624 |
93701 | $498 | $682 | $1,024 | $1,741 | $2,462 |
93702 | $567 | $787 | $1,136 | $1,760 | $2,530 |
93703 | $744 | $1,066 | $1,513 | $2,275 | $2,955 |
93704 | $1,030 | $1,542 | $2,511 | $3,725 | $5,277 |
93705 | $674 | $1,134 | $1,704 | $2,536 | $3,332 |
93706 | $466 | $657 | $1,116 | $1,950 | $2,857 |
93710 | $1,138 | $1,634 | $2,351 | $3,396 | $4,137 |
93711 | $1,688 | $2,533 | $3,707 | $5,323 | $7,729 |
93720 | $1,728 | $2,518 | $3,571 | $4,721 | $6,063 |
93721 | $285 | $694 | $1,118 | $1,813 | $2,674 |
93722 | $1,208 | $1,904 | $2,757 | $3,708 | $4,700 |
93723 | $2,239 | $3,566 | $4,537 | $5,708 | $6,955 |
93725 | $456 | $991 | $1,734 | $2,796 | $3,882 |
93726 | $874 | $1,287 | $1,842 | $2,677 | $3,373 |
93727 | $1,054 | $1,805 | $3,222 | $4,391 | $5,489 |
93728 | $511 | $934 | $1,484 | $2,453 | $3,262 |
93730 | $3,049 | $4,177 | $5,698 | $8,464 | $11,926 |
93737 | $2,879 | $3,679 | $4,689 | $5,610 | $6,759 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | November 30 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | December 10 |
Due Date #2 | April 10 |
Links | |
---|---|
Fresno Tax Assessor | |
Website | www.co.fresno.ca.us |