Winton, California Property Taxes
The median property tax rate in Winton, CA is 1.04%, 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 $141,634, the typical annual property tax bill in Winton is $1,434, which is below the national median of $2,690. Property taxes in Winton are calculated based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Winton'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 Winton 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
Winton, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$1,473
$1,391
Ownwell’s Winton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Winton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Winton 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 Winton, California
Property taxes in Winton, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Winton is 1.04%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Winton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Winton 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 Winton's effective property tax rate to other counties in California and the national median. For comparison, the 95388 zip code has the highest median property tax rate of 1.04%, while the 95388 zip code also has the lowest median tax rate of 1.04%. Understanding how these cities compare with Winton 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 Winton Tax Rate
1.04%
Average Merced County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Winton, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95388 | 0.96% | 1.01% | 1.04% | 1.07% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Winton, California
In Winton, 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 Winton, 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 Winton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 95388, with a median tax bill of $1,434.
Average Winton Assessed Value
$141,634
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 Winton, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95388 | $51,093 | $90,270 | $141,634 | $231,568 | $306,000 |
Source: Ownwell
Property Tax Bills Across Winton, California
In Winton, located in Merced County, CA, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the county assessor and is typically a percentage of your home's market value. The median home price in Winton is $141,634, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property improvements, neighborhood changes, and overall market trends can influence the assessed value. For instance, the 25th percentile of tax bills in Winton is $902, while the 75th percentile reaches up to $2,341, and the 90th percentile peaks at $2,988. Homeowners in Winton should be aware that their property tax bill can significantly impact their annual expenses. Compared to the national median property tax rate of 0.99%, Winton's property tax rate can lead to varying financial obligations, making it essential for homeowners to stay informed and possibly seek appeals or exemptions to manage their costs effectively.
Average Winton Tax Bill
$1,434
Average Merced County Tax Bill
$2,293
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Winton, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95388 | $517 | $902 | $1,434 | $2,341 | $2,988 |
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 |