Miramonte, California Property Taxes
The median property tax rate in Miramonte, CA is 1.18%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Miramonte, the typical annual property tax bill reaches $1,183, which is below the national median of $2,690. Property taxes in Miramonte are calculated based on the assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Miramonte'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 Miramonte 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
Miramonte, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Miramonte Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Miramonte with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Miramonte 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 Miramonte, California
Property taxes in Miramonte, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Miramonte stands at 1.18%, which is higher than the U.S. national median of 0.99%. Local government entities within Miramonte set these rates annually, and they can vary significantly across different neighborhoods. Each year, Miramonte 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 Miramonte's effective property tax rate to other areas in Fresno County and the national median. For comparison, the zip code 93675 has the highest median property tax rate of 1.18%, while zip code 93641 has the lowest median tax rate of 1.18%. Understanding how these areas compare with Miramonte 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 Miramonte Tax Rate
1.18%
Average Fresno County Tax Rate
1.22%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Miramonte, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93603 | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% |
| 93621 | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% |
| 93641 | 1.02% | 1.14% | 1.18% | 1.18% | 1.18% |
| 93675 | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Miramonte, California
In Miramonte, 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 Fresno County Assessor 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 Miramonte, 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. Being aware of these valuation processes in Miramonte helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Miramonte is $4,086 in the 93675 zip code, while the lowest is $802 in the 93603 zip code.
Average Miramonte Assessed Value
$104,317
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 Miramonte, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93603 | $57,341 | $61,365 | $68,072 | $113,564 | $140,860 |
| 93621 | $157,346 | $223,891 | $334,798 | $445,706 | $512,251 |
| 93641 | $29,034 | $56,474 | $104,226 | $181,781 | $245,000 |
| 93675 | $346,886 | $346,886 | $346,886 | $346,886 | $346,886 |
Source: Ownwell
Property Tax Bills Across Miramonte, California
In Miramonte, Fresno County, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The median home price in Miramonte is $104,317. Property taxes are then applied to this assessed value at a rate that can vary. For instance, the tax bill at the 25th percentile is $666, while at the 75th percentile, it rises to $2,056, and at the 90th percentile, it reaches $2,839. These figures illustrate the range homeowners might expect to pay, depending on their property's assessed value and applicable exemptions. The highest median tax bill in the area is $4,086, found in the 93675 zip code, while the lowest is $802 in the 93603 zip code. With the national median property tax rate at 0.99%, Miramonte's tax bills can significantly impact homeowners' finances, influencing decisions on property investments and long-term residency. Understanding these factors is crucial for homeowners to manage their expenses effectively.
Average Miramonte Tax Bill
$1,183
Average Fresno County Tax Bill
$2,693
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Miramonte, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93603 | $675 | $723 | $802 | $1,338 | $1,659 |
| 93621 | $1,853 | $2,637 | $3,943 | $5,250 | $6,034 |
| 93641 | $314 | $659 | $1,140 | $2,050 | $2,794 |
| 93675 | $4,086 | $4,086 | $4,086 | $4,086 | $4,086 |
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 |