Turlock, California Property Taxes
The median property tax rate in Turlock, CA is 1.06%, slightly higher than the national median of 0.99% but lower than California's state median of 1.21%. With a median home value of $281,064 in Turlock, the typical annual property tax bill amounts to $2,986, surpassing the national median of $2,690. Property taxes in Turlock are calculated based on the tax assessed value, which is often below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Turlock'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 Turlock 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
Turlock, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$2,979
$2,814
Ownwell’s Turlock Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Turlock with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Turlock 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 Turlock, California
Property taxes in Turlock, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Turlock is 1.06%, which is higher than the U.S. national median of 0.99%. Local government entities within Turlock set these rates annually, and they can vary significantly across different neighborhoods. Each year, Turlock 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 Turlock's effective property tax rate to other counties in California and the national median. For comparison, the zip code 95380 has both the highest and lowest median property tax rate of 1.06%. Understanding how these cities compare with Turlock 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 Turlock Tax Rate
1.06%
Average Merced County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Turlock, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95380 | 1.01% | 1.05% | 1.06% | 1.07% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Turlock, California
In Turlock, 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 Turlock, 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 Turlock helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Turlock is $2,986 in the 95380 zip code, while the lowest is also $2,986 in the same zip code.
Average Turlock Assessed Value
$281,064
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 Turlock, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95380 | $63,382 | $183,511 | $281,064 | $486,262 | $648,760 |
Source: Ownwell
Property Tax Bills Across Turlock, California
In Turlock, located in Merced County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value typically reflects the market value of the property at the time of purchase, adjusted annually for inflation. The property tax rate in Turlock aligns closely with the national median property tax rate of 0.99%, but specific rates can vary depending on local levies and assessments. Factors influencing the property tax bill include the home's assessed value, any applicable exemptions, and local tax rates. For instance, the median home price in Turlock is $281,064, leading to property tax bills that can range significantly. Homeowners in the 25th percentile pay around $1,918 annually, while those in the 75th percentile face bills of approximately $5,132. The 90th percentile can see tax bills as high as $6,580. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for Turlock residents.
Average Turlock Tax Bill
$2,986
Average Merced County Tax Bill
$2,293
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Turlock, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95380 | $677 | $1,918 | $2,986 | $5,132 | $6,580 |
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 |