South Dos Palos, California Property Taxes
The median property tax rate in South Dos Palos, CA is 1.03%, which is 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 $78,248, the typical annual property tax bill in South Dos Palos is $759, significantly below the national median of $2,690. Property taxes in South Dos Palos are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding South Dos Palos's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of South Dos Palos 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
South Dos Palos, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$806
$761
Ownwell’s South Dos Palos Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in South Dos Palos with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South Dos Palos 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 South Dos Palos, California
Property taxes in South Dos Palos, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in South Dos Palos is 1.03%, higher than the U.S. national median of 0.99%. Local government entities within South Dos Palos set these rates annually, and they can vary significantly across different neighborhoods. Each year, South Dos Palos 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 South Dos Palos's effective property tax rate to other counties in California and the national median. For comparison, the 93665 zip code has the highest median property tax rate of 1.03%, while the 93665 zip code also has the lowest median tax rate of 1.03%. Understanding how these cities compare with South Dos Palos 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 South Dos Palos Tax Rate
1.03%
Average Merced County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across South Dos Palos, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93665 | 0.91% | 0.96% | 1.03% | 1.06% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across South Dos Palos, California
In South Dos Palos, 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 South Dos Palos, 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 South Dos Palos helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $748.00, found in zip code 93665.
Property Tax Assessment Values Across South Dos Palos, California
Source: Ownwell
$46,350
$376,911
$707,472
Average South Dos Palos Assessed Value
$78,248
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 South Dos Palos, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93665 | $28,838 | $50,693 | $76,878 | $126,405 | $230,106 |
Source: Ownwell
Property Tax Bills Across South Dos Palos, California
In South Dos Palos, property tax bills are calculated based on the assessed value of the home, which is determined by the Merced County Assessor's Office. The assessed value is often a percentage of the market value of the property. Homeowners in South Dos Palos can expect their property tax bills to vary significantly. At the 25th percentile, tax bills are around $478, while at the 75th percentile, they rise to approximately $1,166. For those in the 90th percentile, tax bills can reach as high as $2,262. The median home price in South Dos Palos is $78,248, and the property tax rate in this area is relatively modest compared to the national median property tax rate of 0.99%. The highest and lowest median tax bills in the area both stand at $748 in the 93665 zip code. These tax bills can impact homeowners by influencing their monthly housing costs and overall affordability of owning a home in South Dos Palos.
Average South Dos Palos Tax Bill
$759
Average Merced County Tax Bill
$2,293
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across South Dos Palos, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93665 | $307 | $474 | $748 | $1,167 | $2,262 |
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 |