Oak Hills, California Property Taxes
The median property tax rate in Oak Hills, CA is 1.14%, which is higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Oak Hills, the typical annual property tax bill reaches $4,171, surpassing the national median of $2,690. Property taxes in Oak Hills are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Oak Hills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Oak Hills 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
Oak Hills, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$4,131
$3,902
$1,148
Average Oak Hills, California Tax Savings
Ownwell’s Oak Hills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Oak Hills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Oak Hills 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 Oak Hills. 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 Oak Hills, California
Property taxes in Oak Hills, CA, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oak Hills is 1.14%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Oak Hills set these rates annually, and they can vary significantly across different neighborhoods. Each year, Oak Hills 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 Oak Hills' effective property tax rate to other areas in San Bernardino County and the national median. For comparison, the 92344 zip code has the highest median property tax rate of 1.14%, while the 92345 zip code has the lowest median tax rate of 0.58%. Understanding how these areas compare with Oak Hills 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 Oak Hills Tax Rate
1.14%
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 Oak Hills, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92344 | 1.02% | 1.12% | 1.14% | 1.20% | 1.34% |
92345 | 0.34% | 0.43% | 0.58% | 0.72% | 0.81% |
Source: Ownwell
$1,148
Average Oak Hills Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Oak Hills, California
In Oak Hills, 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 Oak Hills, 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 Oak Hills helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $4,171 in zip code 92344, while the lowest is $4,024 in zip code 92345.
Average Oak Hills Assessed Value
$362,392
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 Oak Hills, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92344 | $159,596 | $240,505 | $362,261 | $499,254 | $637,180 |
92345 | $521,136 | $561,780 | $629,520 | $697,260 | $737,904 |
Source: Ownwell
$1,148
Average Oak Hills Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Oak Hills, California
In Oak Hills, property tax bills are calculated based on the assessed value of the property, which is determined by the San Bernardino County Assessor. The tax rate is then applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $362,392, the tax bill can vary significantly, ranging from $2,782 at the 25th percentile to $6,889 at the 90th percentile. Factors such as property improvements and market conditions can influence these assessments, impacting homeowners' tax obligations. Homeowners in Oak Hills face property tax bills that can be higher than the national median property tax rate of 0.99%. This makes it essential for them to ensure their property is accurately assessed. Ownwell can assist by providing expert property tax appeal and exemption services, ensuring that homeowners are not overpaying. By reviewing assessments and identifying potential errors or opportunities for exemptions, Ownwell helps homeowners save significantly on their property tax bills, offering peace of mind and financial relief.
Average Oak Hills Tax Bill
$4,171
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 Oak Hills, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92344 | $1,842 | $2,782 | $4,171 | $5,522 | $6,889 |
92345 | $1,910 | $2,702 | $4,024 | $5,345 | $6,138 |
Source: Ownwell
$1,148
Average Oak Hills 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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