Lebec, California Property Taxes
The median property tax rate in Lebec, 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 $168,232 in Lebec, the typical annual property tax bill is around $1,853, which is below the national median of $2,690. Property taxes in Lebec are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Lebec'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 Lebec or another part of Kern County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lebec, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$1,918
$1,811
Ownwell’s Lebec Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lebec with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lebec 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 Lebec, California
Property taxes in Lebec, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lebec is 1.14%, which is higher than the U.S. national median of 0.99%. Local government entities within Lebec set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lebec 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 Lebec's effective property tax rate to other counties in California and the national median. For comparison, the 93243 zip code 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 cities compare with Lebec 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 Lebec 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 Lebec, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93243 | 1.04% | 1.11% | 1.14% | 1.20% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Lebec, California
In Lebec, 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 Lebec, 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. For instance, the median home price in Lebec is $168,232, and the median tax bill can range from $1,020 at the 25th percentile to $4,408 at the 90th percentile. Being aware of these valuation processes in Lebec helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Lebec Assessed Value
$168,232
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 Lebec, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93243 | $38,183 | $86,399 | $168,232 | $286,201 | $401,189 |
Source: Ownwell
Property Tax Bills Across Lebec, California
In Lebec, Kern County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. For homeowners in Lebec, the median home price is $168,232. Property tax rates in this area can vary, but the national median property tax rate is 0.99%. The tax bill is influenced by various factors, including the property's assessed value, any applicable exemptions, and local tax rates. For instance, the 25th percentile tax bill in Lebec is $1,020, while the 75th percentile reaches $3,167. At the 90th percentile, homeowners might see tax bills as high as $4,408. These property taxes play a crucial role in funding local services and infrastructure, impacting the overall cost of homeownership. Understanding these factors helps homeowners anticipate their annual expenses and plan their finances accordingly.
Average Lebec Tax Bill
$1,853
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Lebec, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93243 | $442 | $1,020 | $1,853 | $3,167 | $4,408 |
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 |