Paris Loraine, California Property Taxes
The median property tax rate in Paris Loraine, CA is 1.16%, which is higher than the national median of 0.99% but slightly lower than the California state median of 1.21%. With the median home value in Paris Loraine at $83,287, the typical annual property tax bill amounts to $963, falling below the national median of $2,690. Property taxes in Paris Loraine are calculated based on the assessed value, which often is lower than the market value due to exemptions like the primary residence and agricultural exemptions. Gaining a thorough understanding of Paris Loraine's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in significant annual savings. Whether you're in the heart of Paris Loraine or another part of Kern County, understanding the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Paris Loraine, 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 Paris Loraine Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Paris Loraine with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Paris Loraine 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 Kern County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Paris Loraine, California
Property taxes in Paris Loraine, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Paris Loraine stands at 1.16%, which is significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Paris Loraine set these rates annually, and they can vary significantly across different neighborhoods. Each year, Paris Loraine 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 Paris Loraine's effective property tax rate to other counties in California and the national median. For comparison, the highest median property tax rate in the region is 1.16%, while the lowest median tax rate is also 1.16%. Understanding how these cities compare with Paris Loraine 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 Paris Loraine Tax Rate
1.16%
Average Kern County Tax Rate
1.42%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Paris Loraine, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Paris Loraine, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Paris Loraine, CA. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Kern County Appraisal District 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 Paris Loraine, 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 the area is $83,287, with annual tax bills at the 25th, 75th, and 90th percentiles all being $963. 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 Paris Loraine helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Paris Loraine, California
Source: Ownwell
$11,832
$273,858
$535,884
Average Paris Loraine Assessed Value
$83,287
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 Paris Loraine, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Paris Loraine, California
In Paris Loraine, CA, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the Kern County Assessor's Office and is often a percentage of the market value of the property. For homeowners in Paris Loraine, the median home price is $83,287. The property tax rate in Kern County hovers around 1.16%, which is slightly above the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's assessed value, any applicable exemptions, and special assessments for local services. Homeowners can expect a tax bill around $963, which is consistent across various percentiles (25th, 75th, and 90th). These taxes fund essential services such as public schools, infrastructure, and emergency services, directly impacting the community's quality of life. Understanding these factors can help homeowners in Paris Loraine better anticipate their annual property tax obligations and plan accordingly.
Average Paris Loraine Tax Bill
$963
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Paris Loraine, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
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 |