Calipatria, California Property Taxes
The median property tax rate in Calipatria, CA is 1.23%, higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Calipatria at $96,309, the typical annual property tax bill is $1,228, which is below the national median of $2,690. Property taxes in Calipatria are calculated based on the tax assessed value, which often falls below market value due to exemptions like the primary residence and agricultural exemptions. Understanding Calipatria'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 Calipatria 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
Calipatria, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$1,185
$1,119
Ownwell’s Calipatria Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Calipatria with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Calipatria to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in seeing trends on a neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Imperial County for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Calipatria, California
Property taxes in Calipatria, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Calipatria is 1.23%, significantly higher than the U.S. national median of 0.99%. Local government entities within Calipatria set these rates annually, and they can vary across different neighborhoods. Each year, Calipatria 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 Calipatria's effective property tax rate to other counties in California and the national median. For comparison, the 92233 zip code has the highest median property tax rate of 1.23%, while the same zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Calipatria provides valuable insights into the varying tax landscape across Imperial County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Calipatria Tax Rate
1.23%
Average Imperial County Tax Rate
1.13%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Calipatria, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92233 | 1.08% | 1.16% | 1.23% | 1.26% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Calipatria, California
In Calipatria, 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 Imperial 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 Calipatria, 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. The median home price in Calipatria is $96,309, with tax bills ranging from $706 at the 25th percentile to $2,473 at the 90th percentile. Notably, the zip code 92233 has the highest and lowest median tax bill, both at $1,228. 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 Calipatria helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Calipatria Assessed Value
$96,309
Average Imperial County Assessed Value
$178,448
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Calipatria, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92233 | $31,793 | $57,048 | $96,309 | $151,006 | $198,929 |
Source: Ownwell
Property Tax Bills Across Calipatria, California
In Calipatria, located in Imperial County, CA, property tax bills are calculated based on the assessed value of the property, which is typically determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Calipatria, the median home price is $96,309. The property tax rate in Imperial County is consistent with the state average, resulting in varying tax bills across different percentiles. At the 25th percentile, homeowners can expect a tax bill of around $706, while those in the 75th percentile may see bills as high as $1,877. For the top 10% of property values, tax bills can reach up to $2,473. The highest and lowest median tax bills in the area are both $1,228, reflecting the uniformity in tax assessments within the zip code 92233. These property tax bills significantly impact homeowners, influencing their overall housing costs and financial planning.
Average Calipatria Tax Bill
$1,228
Average Imperial County Tax Bill
$2,053
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Calipatria, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92233 | $396 | $706 | $1,228 | $1,877 | $2,473 |
Source: Ownwell