Darwin, California Property Taxes
The median property tax rate in Darwin, CA is 1.37%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Darwin, the typical annual property tax bill reaches $379, which is significantly lower than the national median of $2,690. Property taxes in Darwin 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 Darwin'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 Darwin 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
Darwin, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$374
$354
Ownwell’s Darwin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Darwin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Darwin 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 Darwin, California
Property taxes in Darwin, CA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Darwin is 1.37%, significantly higher than the U.S. national median of 0.99%. Local government entities within Darwin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Darwin 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 Darwin's effective property tax rate to other areas in California and the national median. For comparison, the zip code 93522 has the highest median property tax rate of 1.37%, while the same zip code also has the lowest median tax rate of 1.37%. Understanding how these figures compare with Darwin provides valuable insights into the varying tax landscape across Inyo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Darwin Tax Rate
1.37%
Average Inyo County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Darwin, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93522 | 0.96% | 1.14% | 1.37% | 1.63% | 2.29% |
Source: Ownwell
Property Tax Assessment Values Across Darwin, California
In Darwin, 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 Inyo 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 Darwin, 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 Darwin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Darwin's median home price is $27,329, with the highest median tax bill of $379 in zip code 93522.
Average Darwin Assessed Value
$27,329
Average Inyo County Assessed Value
$188,456
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Darwin, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93522 | $6,276 | $13,322 | $27,329 | $45,461 | $67,416 |
Source: Ownwell
Property Tax Bills Across Darwin, California
In Darwin, located in Inyo County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the local tax assessor and is typically a percentage of the property's market value. For instance, with a median home price of $27,329, the property tax rate is applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and local tax rates. Homeowners in Darwin experience varying tax bills, with the 25th percentile paying around $253 annually, while those in the 75th percentile pay approximately $532. High-value properties can see tax bills as high as $655, which is still below the national median property tax rate of 0.99%. These property taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners need to stay informed about their property's assessed value and any potential exemptions to manage their tax liabilities effectively.
Average Darwin Tax Bill
$379
Average Inyo County Tax Bill
$1,960
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Darwin, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93522 | $142 | $253 | $379 | $532 | $655 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Inyo Tax Assessor | |
| Website | ca-inyo.publicaccessnow.com |