Caliente, California Property Taxes
The median property tax rate in Caliente, CA is 1.14%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $166,464 in Caliente, the typical annual property tax bill is $1,822, which is below the national median of $2,690. Property taxes in Caliente are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Caliente'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 Caliente 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
Caliente, 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 Caliente Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Caliente with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Caliente 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 Caliente, California
Property taxes in Caliente, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Caliente is 1.14%, which is higher than the U.S. national median of 0.99%. Local government entities within Caliente set these rates annually, and they can vary significantly across different neighborhoods. Each year, Caliente 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 Caliente's effective property tax rate to other areas in California and the national median. For comparison, the zip code 93518 has the highest median property tax rate of 1.14%, while the same zip code also has the lowest median tax rate of 1.14%. Understanding how these rates compare with Caliente 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 Caliente Tax Rate
1.14%
Average Kern County Tax Rate
1.42%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Caliente, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93518 | 0.95% | 1.09% | 1.14% | 1.21% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Caliente, California
In Caliente, 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 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 Caliente, 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 Caliente helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Caliente is $166,464, with the highest and lowest median tax bills recorded at $1,822 in the 93518 zip code.
Average Caliente Assessed Value
$166,464
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 Caliente, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93518 | $53,451 | $97,898 | $166,464 | $253,722 | $348,329 |
Source: Ownwell
Property Tax Bills Across Caliente, California
In Caliente, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Kern County Assessor's Office. The assessed value is typically a percentage of the property's market value. Homeowners in Caliente face a median property tax rate that translates into varying tax bills. For instance, the 25th percentile tax bill is $1,081, while the 75th percentile reaches $2,650. At the higher end, the 90th percentile tax bill is $3,666. Several factors influence these tax bills, including the property's location, size, and improvements, as well as local tax rates and levies approved by voters. Compared to the national median property tax rate of 0.99%, Caliente's rates can significantly impact homeowners' annual financial obligations. Homeowners in the 93518 zip code, which includes Caliente, experience a median tax bill of $1,822. Understanding these factors helps homeowners anticipate their tax liabilities and manage their budgets accordingly.
Average Caliente Tax Bill
$1,822
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Caliente, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93518 | $679 | $1,081 | $1,822 | $2,650 | $3,666 |
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 | |
|---|---|
| Kern Tax Assessor | |
| Website | www.kerncounty.com |