Tollhouse, California Property Taxes
The median property tax rate in Tollhouse, CA is 1.01%, 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 Tollhouse at $197,688, the typical annual property tax bill amounts to $1,914, which is below the national median of $2,690. Property taxes in Tollhouse are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Tollhouse'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 Tollhouse or another part of Fresno County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tollhouse, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$1,997
$1,886
Ownwell’s Tollhouse Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tollhouse with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tollhouse 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 Fresno County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Tollhouse, California
Property taxes in Tollhouse, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tollhouse is 1.01%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Tollhouse set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tollhouse 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 Tollhouse's effective property tax rate to other counties in California and the national median. For comparison, the 93667 zip code has the highest median property tax rate of 1.01%, while the same zip code also has the lowest median tax rate of 1.01%. Understanding how these cities compare with Tollhouse 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 Tollhouse Tax Rate
1.01%
Average Fresno County Tax Rate
1.22%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tollhouse, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93667 | 0.94% | 0.98% | 1.01% | 1.01% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Tollhouse, California
In Tollhouse, 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 Tollhouse, 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. For instance, the median home price in Tollhouse is $197,688, with property tax bills ranging from $1,134 at the 25th percentile to $3,591 at the 90th percentile. The zip code 93667 has both the highest and lowest median tax bill of $1,914. 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 Tollhouse helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tollhouse Assessed Value
$197,688
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 Tollhouse, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93667 | $62,590 | $116,242 | $197,688 | $283,854 | $358,430 |
Source: Ownwell
Property Tax Bills Across Tollhouse, California
In Tollhouse, Fresno County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and typically reflects the property's market value at the time of purchase, with annual adjustments for inflation not exceeding 2%. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions or deductions. For instance, homeowners in Tollhouse might see tax bills ranging from $1,134 at the 25th percentile to $3,591 at the 90th percentile. The median home price in Tollhouse is $197,688, which can help homeowners gauge their potential tax liability. Compared to the national median property tax rate of 0.99%, Tollhouse residents may find their tax rates to be relatively moderate, reflecting the local economic conditions and public service needs. Understanding these factors can help homeowners better plan their finances and take advantage of any available tax relief programs.
Average Tollhouse Tax Bill
$1,914
Average Fresno County Tax Bill
$2,693
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Tollhouse, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93667 | $615 | $1,134 | $1,914 | $2,765 | $3,591 |
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 |