Livingston, California Property Taxes
The median property tax rate in Livingston, CA is 1.10%, slightly higher than the national median of 0.99% but lower than California's state median of 1.21%. With the median home value in Livingston at $201,936, the typical annual property tax bill amounts to $2,241, which is below the national median of $2,690. Property taxes in Livingston are calculated based on the assessed value, which often falls below market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Livingston'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 Livingston 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
Livingston, 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 Livingston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Livingston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Livingston 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 Livingston, California
Property taxes in Livingston, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Livingston is 1.10%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Livingston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Livingston 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 Livingston's effective property tax rate to other counties in California and the national median. For comparison, the 95334 zip code has the highest median property tax rate of 1.10%, while the lowest median tax rate is also 1.10%. Understanding how these cities compare with Livingston provides valuable insights into the varying tax landscape across Merced County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Livingston Tax Rate
1.10%
Average Merced County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Livingston, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95334 | 1.02% | 1.05% | 1.10% | 1.29% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Livingston, California
In Livingston, 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 Merced 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 Livingston, 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 Livingston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Livingston is $201,936, with the highest median tax bill being $2,241 in zip code 95334, which also has the lowest median tax bill at $2,241.
Average Livingston Assessed Value
$201,936
Average Merced County Assessed Value
$213,039
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Livingston, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95334 | $75,239 | $126,114 | $201,936 | $330,696 | $408,152 |
Source: Ownwell
Property Tax Bills Across Livingston, California
In Livingston, property tax bills are calculated based on the assessed value of a home, which is determined by the Merced County Assessor's office. This assessed value typically reflects the market value at the time of purchase, adjusted annually for inflation, not exceeding 2% per year under California's Proposition 13. The property tax rate in Livingston is influenced by local tax levies and voter-approved bonds, contributing to funding schools, infrastructure, and public services. Homeowners in Livingston can expect varying tax bills depending on their property's assessed value. For example, the tax bill for the 25th percentile is around $1,337, while those in the 75th percentile pay approximately $4,109. The 90th percentile tax bill can reach up to $5,453. Despite these variations, the median tax bill in Livingston stands at $2,241, which is significantly higher than the national median property tax rate of 0.99%. These property taxes play a crucial role in maintaining and improving the community's public resources and services.
Average Livingston Tax Bill
$2,241
Average Merced County Tax Bill
$2,293
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Livingston, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95334 | $770 | $1,337 | $2,241 | $4,109 | $5,453 |
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 | |
|---|---|
| Merced Tax Assessor | |
| Website | common3.mptsweb.com |