Colton, California Property Taxes
The median property tax rate in Colton, CA is 1.23%, which is notably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Colton at $197,409, the typical annual property tax bill amounts to $2,409, slightly below the national median of $2,690. Property taxes in Colton are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Colton'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 Colton 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
Colton, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
$1,272
$1,148
Average Colton, California Tax Savings
Ownwell’s Colton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Colton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Colton to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Colton. 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 Colton, California
Property taxes in Colton, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Colton is 1.23%, which is higher than the U.S. national median of 0.99%. Local government entities within Colton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Colton 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 Colton's effective property tax rate to other areas in San Bernardino County and the national median. For comparison, the zip code 92376 has the highest median property tax rate of 1.23%, while the zip code 92324 has the lowest median tax rate of 1.23%. Understanding how these areas compare with Colton provides valuable insights into the varying tax landscape across San Bernardino County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Colton Tax Rate
1.23%
Average San Bernardino County Tax Rate
1.20%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Colton, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92324 | 1.11% | 1.19% | 1.23% | 1.25% | 1.30% |
92376 | 1.23% | 1.23% | 1.23% | 1.23% | 1.23% |
Source: Ownwell
$1,148
Average Colton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Colton, California
In Colton, 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 San Bernardino 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 Colton, 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. For instance, the highest median tax bill in Colton is $4,220 in the 92376 zip code, while the lowest is $2,409 in the 92324 zip code. 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 Colton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Colton Assessed Value
$197,409
Average San Bernardino County Assessed Value
$273,138
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Colton, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92324 | $57,546 | $119,921 | $197,403 | $318,592 | $436,103 |
92376 | $342,033 | $342,033 | $342,033 | $342,033 | $342,033 |
Source: Ownwell
$1,148
Average Colton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Colton, California
Property tax bills in Colton, San Bernardino County, CA, are calculated based on the assessed value of the property, which is typically a percentage of the market value. The median home price in Colton stands at $197,409. Tax rates in the area can vary, but the median property tax rate is below the national median of 0.99%. Homeowners in Colton can expect tax bills ranging from $1,453 at the 25th percentile to $5,201 at the 90th percentile, with the highest median tax bill in the nearby zip code 92376 reaching $4,220. Several factors influence property tax bills, including property size, location, and any applicable exemptions. High property taxes can strain homeowners, making it essential to ensure accurate assessments and eligibility for exemptions. Ownwell assists homeowners by reviewing property assessments for errors and identifying potential exemptions, helping to lower tax bills. Our expert consultants can guide you through the appeal process, ensuring you only pay what is fair.
Average Colton Tax Bill
$2,409
Average San Bernardino County Tax Bill
$3,260
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Colton, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92324 | $677 | $1,453 | $2,409 | $3,826 | $5,201 |
92376 | $4,220 | $4,220 | $4,220 | $4,220 | $4,220 |
Source: Ownwell
$1,148
Average Colton Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | December 2 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | December 10 |
Due Date #2 | April 10 |
Links | |
---|---|
San Bernardino Tax Assessor | |
Website | pat.bhamaps.com |
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