Indian Wells, California Property Taxes
The median property tax rate in Indian Wells, CA is 0.88%, which is lower than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Indian Wells, the typical annual property tax bill amounts to $406, significantly less than the national median of $2,690. Property taxes in Indian Wells are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Indian Wells' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Indian Wells 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
Indian Wells, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$360
$340
Ownwell’s Indian Wells Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Indian Wells with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Indian Wells 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 Indian Wells, California
Property taxes in Indian Wells, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Indian Wells is 0.88%, which is lower than the U.S. national median of 0.99%. Local government entities within Indian Wells set these rates annually, and they can vary significantly across different neighborhoods. Each year, Indian Wells 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 Indian Wells' effective property tax rate to other counties in California and the national median. For comparison, the 92210 ZIP code has both the highest and lowest median property tax rate of 0.88%. Understanding how these cities compare with Indian Wells provides valuable insights into the varying tax landscape across Riverside County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Indian Wells Tax Rate
0.88%
Average Plumas County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Indian Wells, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92210 | 0.72% | 0.78% | 0.88% | 0.98% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Indian Wells, California
In Indian Wells, 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 Riverside County Assessor's Office 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 Indian Wells, 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. For example, the highest median tax bill in Indian Wells is $406 in the 92210 zip code, while the lowest median tax bill is also $406 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Indian Wells, California
Source: Ownwell
$25,259
$426,209
$827,159
Average Indian Wells Assessed Value
$40,938
Average Plumas County Assessed Value
$216,793
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Indian Wells, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92210 | $23,188 | $29,844 | $40,938 | $52,033 | $58,689 |
Source: Ownwell
Property Tax Bills Across Indian Wells, California
In Indian Wells, located in Plumas 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. Factors such as property size, location, and improvements are considered during assessment. Homeowners in Indian Wells experience property tax bills that vary significantly, with the 25th percentile tax bill at $267 and the 75th percentile at $546. The 90th percentile tax bill can go up to $629, indicating a range of tax obligations depending on property values and specific circumstances. Compared to the national median property tax rate of 0.99%, the property tax rate in Indian Wells can affect homeowners differently based on their property's assessed value and other contributing factors. The highest and lowest median tax bills in the area are both $406, located in zip code 92210, highlighting a relatively consistent tax environment within that region. Understanding these factors can help homeowners anticipate their annual property tax obligations and manage their finances accordingly.
Average Indian Wells Tax Bill
$406
Average Plumas County Tax Bill
$2,335
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Indian Wells, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92210 | $183 | $267 | $406 | $546 | $629 |
Source: Ownwell