Arvin, California Property Taxes
The median property tax rate in Arvin, CA is 1.81%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Arvin at $141,607, the typical annual property tax bill reaches $2,682, which is just below the national median of $2,690. Property taxes in Arvin 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 Arvin'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 Arvin 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
Arvin, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.81%
Estimate Property Tax Bill
$2,563
$2,421
Ownwell’s Arvin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arvin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arvin 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 Arvin, California
Property taxes in Arvin, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arvin is 1.81%, significantly higher than the U.S. national median of 0.99%. Local government entities within Arvin set these rates annually, and they can vary across different neighborhoods. Each year, Arvin 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. Understanding how these cities compare with Arvin provides valuable insights into the varying tax landscape across Kern County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arvin Tax Rate
1.81%
Average Kern County Tax Rate
1.42%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arvin, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93203 | 1.25% | 1.59% | 1.81% | 2.12% | 2.78% |
Source: Ownwell
Property Tax Assessment Values Across Arvin, California
In Arvin, 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 Kern County Assessor's Office 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 Arvin, 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 Arvin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 93203 has the highest and lowest median tax bill, both at $2,682.
Average Arvin Assessed Value
$141,607
Average Kern County Assessed Value
$197,658
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arvin, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93203 | $54,672 | $98,783 | $141,607 | $218,726 | $263,757 |
Source: Ownwell
Property Tax Bills Across Arvin, California
In Arvin, Kern County, CA, property tax bills are calculated based on the assessed value of a property, which is typically determined by the county assessor. This assessed value is a percentage of the market value, and in California, it is often influenced by the purchase price of the property, with annual increases capped at 2% under Proposition 13. The property tax rate in Arvin is generally consistent with the state average, and it includes various local levies and voter-approved bonds. Homeowners in Arvin can expect to pay a median property tax bill of approximately $2,682. The tax bill can vary significantly, with the 25th percentile at $2,153 and the 75th percentile at $3,564. For those at the 90th percentile, the tax bill can reach up to $4,011. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Homeowners should be aware of these factors as they can significantly influence their annual financial planning.
Average Arvin Tax Bill
$2,682
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Arvin, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93203 | $1,546 | $2,153 | $2,682 | $3,564 | $4,011 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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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 | |
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Kern Tax Assessor | |
Website | www.kerncounty.com |