Stevinson, California Property Taxes
The median property tax rate in Stevinson, CA is 1.07%, which is higher than the national median of 0.99% but lower than California's state median of 1.21%. With a median home value of $120,000 in Stevinson, the typical annual property tax bill amounts to $1,285, noticeably below the national median of $2,690. Property taxes in Stevinson are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Stevinson'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 Stevinson or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stevinson, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$1,284
$1,213
Ownwell’s Stevinson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stevinson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stevinson 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 Stevinson, California
Property taxes in Stevinson, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stevinson is 1.07%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Stevinson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stevinson 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 Stevinson's effective property tax rate to other counties in California and the national median. For comparison, the 95374 zip code has the highest median property tax rate of 1.07%, while the 95374 zip code also has the lowest median tax rate of 1.07%. Understanding how these cities compare with Stevinson 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 Stevinson Tax Rate
1.07%
Average Merced County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stevinson, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95374 | 1.01% | 1.05% | 1.07% | 1.11% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Stevinson, California
In Stevinson, 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 Stevinson, 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 Stevinson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Stevinson, the median home price is $120,000, with tax bills ranging from $641 at the 25th percentile to $4,026 at the 90th percentile. The highest and lowest median tax bills are both $1,285 in the 95374 zip code.
Average Stevinson Assessed Value
$120,000
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 Stevinson, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95374 | $27,561 | $54,368 | $120,000 | $216,540 | $370,998 |
Source: Ownwell
Property Tax Bills Across Stevinson, California
In Stevinson, property tax bills are calculated based on the assessed value of the property, which is determined by the Merced County Assessor's Office. The assessed value is typically a percentage of the property's market value. For homeowners in Stevinson, the median home price is $120,000. The property tax rate in Stevinson is influenced by various factors, including local government budgets and voter-approved measures. Homeowners in Stevinson can expect their tax bills to vary significantly. At the 25th percentile, the tax bill is approximately $641, while at the 75th percentile, it rises to around $2,284. For those at the 90th percentile, the tax bill can be as high as $4,026. The highest and lowest median tax bills in the area both stand at $1,285, indicating some consistency in certain neighborhoods. These tax bills impact homeowners by affecting their annual budgets and potentially influencing decisions about property investments and long-term residency.
Average Stevinson Tax Bill
$1,285
Average Merced County Tax Bill
$2,293
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Stevinson, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95374 | $335 | $641 | $1,285 | $2,284 | $4,026 |
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 |