Ridgecrest, California Property Taxes
The median property tax rate in Ridgecrest, CA is 1.32%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Ridgecrest at $163,129, the typical annual property tax bill reaches $2,156, which is below the national median of $2,690. Property taxes in Ridgecrest are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence exemption. Understanding Ridgecrest'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 Ridgecrest 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
Ridgecrest, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.32%
Estimate Property Tax Bill
$2,153
$2,034
Ownwell’s Ridgecrest Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ridgecrest with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ridgecrest 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 Ridgecrest, California
Property taxes in Ridgecrest, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ridgecrest is 1.32%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Ridgecrest set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ridgecrest 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 Ridgecrest's effective property tax rate to other areas in Kern County and the national median. For comparison, the 93555 zip code has the highest median property tax rate of 1.32%, while the 93527 zip code has the lowest median tax rate of 1.06%. Understanding how these areas compare with Ridgecrest 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 Ridgecrest Tax Rate
1.32%
Average Kern County Tax Rate
1.42%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ridgecrest, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93527 | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
| 93555 | 1.06% | 1.19% | 1.32% | 1.51% | 1.98% |
| 93556 | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Ridgecrest, California
In Ridgecrest, 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 Ridgecrest, 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 zip code 93555 has the highest median tax bill at $2,161, while the zip code 93527 has the lowest at $164. Being aware of these valuation processes in Ridgecrest helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ridgecrest Assessed Value
$163,129
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 Ridgecrest, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93527 | $13,858 | $14,254 | $15,442 | $15,442 | $15,442 |
| 93555 | $35,737 | $87,716 | $163,698 | $244,000 | $327,726 |
| 93556 | $69,683 | $69,683 | $69,683 | $69,683 | $69,683 |
Source: Ownwell
Property Tax Bills Across Ridgecrest, California
Property tax bills in Ridgecrest, located in Kern County, CA, are determined based on the assessed value of a property, which is derived from its market value. The median home price in Ridgecrest is $163,129. Property taxes are calculated by applying the local tax rate to this assessed value. Various factors influence the tax bill, including property location, improvements, and exemptions. For example, the tax bill for the 25th percentile is $1,324, while the 75th percentile tax bill is $2,949. Homeowners in the 90th percentile can expect to pay around $3,883. These tax bills significantly impact homeowners, as they represent a substantial annual expense. The highest median tax bill in Ridgecrest is $2,161 in the 93555 zip code, while the lowest is $164 in the 93527 zip code. Compared to the national median property tax rate of 0.99%, Ridgecrest's property taxes can vary widely, affecting homeowners differently based on their property's assessed value and location.
Average Ridgecrest Tax Bill
$2,156
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Ridgecrest, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93527 | $148 | $152 | $164 | $164 | $164 |
| 93555 | $775 | $1,333 | $2,161 | $2,949 | $3,873 |
| 93556 | $826 | $826 | $826 | $826 | $826 |
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 |