Bard, California Property Taxes
The median property tax rate in BARD, CA is 1.10%, slightly higher than the national median of 0.99% but below California's state median of 1.21%. With a median home value in BARD, the typical annual property tax bill is $651, which is significantly less than the national median of $2,690. Property taxes in BARD are calculated based on the assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding BARD's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of BARD or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bard, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$650
$614
Ownwell’s BARD Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BARD with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BARD 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 Bard, California
Property taxes in BARD, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in BARD is 1.10%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within BARD set these rates annually, and they can vary significantly across different neighborhoods. Each year, BARD 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 BARD's effective property tax rate to other counties in California and the national median. For comparison, the 92222 zip code has the highest median property tax rate of 1.10%, while the 92222 zip code also has the lowest median tax rate of 1.10%. Understanding how these cities compare with BARD provides valuable insights into the varying tax landscape across Imperial County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bard Tax Rate
1.10%
Average Imperial County Tax Rate
1.13%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bard, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92222 | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Bard, California
In BARD, 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 Imperial 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 BARD, 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 instance, the zip code with the highest median tax bill in BARD is 92222, with a tax bill of $651. By being aware of these valuation processes, property owners can identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bard Assessed Value
$59,066
Average Imperial County Assessed Value
$178,448
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bard, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92222 | $59,066 | $59,066 | $59,066 | $59,066 | $59,066 |
Source: Ownwell
Property Tax Bills Across Bard, California
In BARD, located in Imperial County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is typically a percentage of the property's market value, determined by the county assessor. Once the assessed value is established, the property tax rate is applied to calculate the annual tax bill. The median home price in BARD is $59,066, and the property tax rate in this area results in a median tax bill of $651, which is notably lower than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including property improvements, location, and local tax levies. For homeowners, this means that any significant changes to their property's value or the introduction of new local taxes can affect their annual tax obligations. The relatively low property tax in BARD provides a financial advantage for homeowners, allowing them to allocate more of their budget toward other expenses or investments.
Average Bard Tax Bill
$651
Average Imperial County Tax Bill
$2,053
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Bard, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92222 | $651 | $651 | $651 | $651 | $651 |
Source: Ownwell