Coalinga, California Property Taxes
The median property tax rate in Coalinga, CA is 1.06%, 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 at $307,679, the typical annual property tax bill reaches $3,274, surpassing 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
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$3,261
$3,080
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 crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Coalinga is 1.06%, which is higher than 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 areas and the national median. For comparison, the 93210 zip code has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these figures compare with Coalinga provides valuable insights into the varying tax landscape across San Benito County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Coalinga Tax Rate
1.06%
Average San Benito County Tax Rate
1.22%
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 | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
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 local appraisal district 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 $3,274, with the zip code 93210.
Average Coalinga Assessed Value
$307,679
Average San Benito County Assessed Value
$518,267
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 | $307,679 | $307,679 | $307,679 | $307,679 | $307,679 |
Source: Ownwell
Property Tax Bills Across Coalinga, California
In Coalinga, located in San Benito County, CA, property tax bills are calculated based on the assessed value of the property, which is typically determined by the county assessor. The assessed value is usually a percentage of the market value of the home. For example, with a median home price of $307,679, the property tax rate is applied to this assessed value to determine the annual tax bill. In Coalinga, homeowners can expect a median property tax bill of approximately $3,274, which is significantly higher than the national median property tax rate of 0.99%. This fixed tax bill suggests that local tax policies may standardize rates across different property values, impacting homeowners uniformly. Factors such as property improvements, neighborhood changes, and local government budgets can also influence the assessed value and, consequently, the tax bill. High property taxes can affect homeowners by increasing the overall cost of owning a home, potentially influencing decisions on buying or selling property in the area.
Average Coalinga Tax Bill
$3,274
Average San Benito County Tax Bill
$6,032
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 | $3,274 | $3,274 | $3,274 | $3,274 | $3,274 |
Source: Ownwell