Red Mountain, California Property Taxes
The median property tax rate in Red Mountain, CA is 2.43%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Red Mountain, the typical annual property tax bill reaches $356, which is below the national median of $2,690. Property taxes in Red Mountain 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 Red Mountain’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 Red Mountain 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
Red Mountain, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.43%
Estimate Property Tax Bill
$378
$357
$1,148
Average Red Mountain, California Tax Savings
Ownwell’s Red Mountain Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Red Mountain with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Red Mountain 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 Red Mountain. 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 Red Mountain, California
Property taxes in Red Mountain, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Red Mountain is 2.43%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Red Mountain set these rates annually, and they can vary significantly across different neighborhoods. Each year, Red Mountain 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 Red Mountain's effective property tax rate to other counties in California and the national median. For comparison, the ZIP code 93558 has the highest median property tax rate of 2.43%, while the same ZIP code also has the lowest median tax rate of 2.43%. Understanding how these cities compare with Red Mountain 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 Red Mountain Tax Rate
2.43%
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 Red Mountain, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93558 | 1.18% | 1.64% | 2.43% | 4.03% | 4.89% |
Source: Ownwell
$1,148
Average Red Mountain Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Red Mountain, California
In Red Mountain, 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 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 Red Mountain, 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. The median home price in Red Mountain is $15,550, with annual tax bills ranging from $308 at the 25th percentile to $644 at the 90th percentile. The highest and lowest median tax bills in the area are both $356, found in the 93558 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Red Mountain Assessed Value
$15,550
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 Red Mountain, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93558 | $5,544 | $8,142 | $15,550 | $28,823 | $45,948 |
Source: Ownwell
$1,148
Average Red Mountain Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Red Mountain, California
In Red Mountain, San Bernardino County, CA, property tax bills are calculated based on the assessed value of the home. The county assessor determines this value, which is then multiplied by the local tax rate to produce the tax bill. For Red Mountain, homeowners face tax bills ranging from $308 at the 25th percentile to $644 at the 90th percentile. The median home price in the area is $15,550, which is relatively low compared to national averages. Several factors influence the tax bill, including property size, age, location, and any improvements made. These taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Ownwell can help homeowners in Red Mountain save on their property tax bills by providing expert property tax appeal and exemption services. By leveraging their knowledge and experience, Ownwell ensures that homeowners are not overpaying and that their properties are accurately assessed, potentially leading to significant savings.
Average Red Mountain Tax Bill
$356
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 Red Mountain, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93558 | $247 | $308 | $356 | $478 | $644 |
Source: Ownwell
$1,148
Average Red Mountain 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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