Coalinga, California Property Taxes
The median property tax rate in Coalinga, CA is 1.16%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Coalinga, the typical annual property tax bill reaches $1,320, which is below the national median of $2,690. Property taxes in Coalinga are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Coalinga'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 Coalinga 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
Coalinga, 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 Coalinga Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Coalinga with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Coalinga 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 Coalinga, California
Property taxes in Coalinga, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Coalinga is 1.16%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Coalinga set these rates annually, and they can vary significantly across different neighborhoods. Each year, Coalinga 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 Coalinga's effective property tax rate to other counties in California and the national median. For comparison, the 93210 zip code has the highest median property tax rate of 1.16%, while the same zip code also has the lowest median tax rate of 1.16%. Understanding how these cities compare with Coalinga provides valuable insights into the varying tax landscape across Monterey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Coalinga Tax Rate
1.16%
Average Monterey County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coalinga, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93210 | 1.16% | 1.16% | 1.16% | 1.16% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Coalinga, California
In Coalinga, 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 Monterey 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 Coalinga, 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 Coalinga helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Coalinga are both $1,320, specifically in the 93210 zip code.
Property Tax Assessment Values Across Coalinga, California
Source: Ownwell
$16,130
$2,476,499
$4,936,868
Average Coalinga Assessed Value
$114,267
Average Monterey County Assessed Value
$410,665
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Coalinga, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93210 | $114,267 | $114,267 | $114,267 | $114,267 | $114,267 |
Source: Ownwell
Property Tax Bills Across Coalinga, California
In Coalinga, located in Monterey County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. In Coalinga, the median home price is $114,267. Property taxes for homeowners in this area are relatively consistent, with the 25th, 75th, and 90th percentile tax bills all being $1,320. This uniformity suggests a stable tax rate within the region. Several factors contribute to the final tax bill, including the property's assessed value and any applicable exemptions or deductions. Homeowners can expect their property tax bill to be influenced by local government budgets and public service funding requirements. Compared to the national median property tax rate of 0.99%, Coalinga's property taxes are reflective of the local property values and economic conditions. This impacts homeowners by determining their annual financial obligations for property ownership, influencing affordability and long-term investment decisions.
Average Coalinga Tax Bill
$1,320
Average Monterey County Tax Bill
$4,500
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Coalinga, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93210 | $1,320 | $1,320 | $1,320 | $1,320 | $1,320 |
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 |
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