City Of Industry, California Property Taxes
The median property tax rate in City of Industry, CA is 1.50%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in City of Industry, the typical annual property tax bill reaches $2,418, slightly below the national median of $2,690. Property taxes in City of Industry 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 City of Industry'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 City of Industry 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
City Of Industry, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.5%
Estimate Property Tax Bill
$1,244
$1,175
$1,148
Average City Of Industry, California Tax Savings
Ownwell’s CITY OF INDUSTRY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in CITY OF INDUSTRY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in CITY OF INDUSTRY to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in CITY OF INDUSTRY. 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 City Of Industry, California
Property taxes in City of Industry, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in City of Industry is 1.50%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within City of Industry set these rates annually, and they can vary significantly across different neighborhoods. Each year, City of Industry 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 City of Industry's effective property tax rate to other areas in California and the national median. For comparison, the 91745 zip code has the highest median property tax rate of 1.90%, while the 91746 zip code has the lowest median tax rate of 1.39%. Understanding how these cities compare with City of Industry provides valuable insights into the varying tax landscape across Los Angeles County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average City Of Industry Tax Rate
1.50%
Average Los Angeles County Tax Rate
1.24%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across City Of Industry, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91744 | 1.23% | 1.27% | 1.49% | 2.00% | 2.39% |
91745 | 1.48% | 1.64% | 1.90% | 2.14% | 2.29% |
91746 | 1.35% | 1.37% | 1.39% | 1.52% | 1.60% |
91748 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average City Of Industry Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across City Of Industry, California
In City of Industry, 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 Los Angeles 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 City of Industry, 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 City of Industry helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $3,186 in the 91744 zip code, while the lowest median tax bill is $2,268 in the 91746 zip code.
Property Tax Assessment Values Across City Of Industry, California
Source: Ownwell
$54,919
$1,436,037
$2,817,155
Average City Of Industry Assessed Value
$82,959
Average Los Angeles County Assessed Value
$434,238
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across City Of Industry, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91744 | $24,409 | $33,532 | $54,919 | $411,317 | $465,338 |
91745 | $83,783 | $92,817 | $107,873 | $167,110 | $202,653 |
91746 | $181,074 | $199,116 | $229,188 | $234,435 | $237,583 |
91748 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average City Of Industry Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across City Of Industry, California
Property tax bills in the City of Industry, located in Los Angeles County, CA, are calculated based on the assessed value of the property, which is typically a percentage of its market value. The median home price in this area is $82,959. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Los Angeles County, tax bills can vary significantly, with the 25th percentile tax bill at $1,025 and the 90th percentile reaching up to $5,966. The highest median tax bill in the area is $3,186 in the 91744 zip code, while the lowest is $2,268 in the 91746 zip code. Homeowners in the City of Industry can benefit from Ownwell's property tax appeal and exemption services. By leveraging their expertise, Ownwell helps homeowners ensure their property is assessed accurately, potentially lowering their tax bills. This can result in significant savings, making homeownership more affordable and manageable in an area with varying tax obligations.
Average City Of Industry Tax Bill
$2,418
Average Los Angeles County Tax Bill
$5,343
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across City Of Industry, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91744 | $875 | $1,025 | $3,186 | $5,835 | $6,425 |
91745 | $1,698 | $2,024 | $2,568 | $2,841 | $3,004 |
91746 | $360 | $390 | $2,268 | $3,342 | $3,608 |
91748 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average City Of Industry Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | December 2 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | December 10 |
Due Date #2 | April 10 |
Links | |
---|---|
Los Angeles Tax Assessor | |
Phone | (213) 974-3211 |
Website | portal.assessor.lacounty.gov |
pio@assessor.lacounty.gov |
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