Onyx, California Property Taxes
The median property tax rate in ONYX, CA is 1.27%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in ONYX, the typical annual property tax bill reaches $790, which is well below the national median of $2,690. Property taxes in ONYX 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 ONYX'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 ONYX 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
Onyx, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$800
$755
Ownwell’s ONYX Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ONYX with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ONYX 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 Onyx, California
Property taxes in ONYX, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in ONYX is 1.27%, significantly higher than the U.S. national median of 0.99%. Local government entities within ONYX set these rates annually, and they can vary significantly across different neighborhoods. Each year, ONYX 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 ONYX's effective property tax rate to other areas in California and the national median. For comparison, the 93255 zip code has the same highest median property tax rate of 1.27%, while the lowest median tax rate also stands at 1.27% in the same zip code. Understanding how these cities compare with ONYX provides valuable insights into the varying tax landscape across Kern County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Onyx Tax Rate
1.27%
Average Kern County Tax Rate
1.42%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Onyx, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93255 | 1.07% | 1.16% | 1.27% | 1.48% | 1.84% |
Source: Ownwell
Property Tax Assessment Values Across Onyx, California
In ONYX, 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 Kern 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 ONYX, 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 ONYX helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 93255, with a median tax bill of $790, while the zip code with the lowest median tax bill is also 93255, with the same value of $790.
Average Onyx Assessed Value
$62,954
Average Kern County Assessed Value
$197,658
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Onyx, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93255 | $19,925 | $33,984 | $62,954 | $152,088 | $239,555 |
Source: Ownwell
Property Tax Bills Across Onyx, California
In ONYX, Kern County, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in ONYX is $62,954, and the property tax rate in this region is generally in line with the national median of 0.99%. Homeowners in ONYX can expect a wide range of tax bills. For instance, the tax bill at the 25th percentile is approximately $519, while at the 75th percentile, it rises to around $1,656. At the 90th percentile, homeowners might see a tax bill as high as $2,426. These variations are influenced by factors such as property improvements, neighborhood developments, and changes in market conditions. Understanding these elements is crucial for homeowners, as property taxes can significantly impact annual household expenses and long-term financial planning.
Average Onyx Tax Bill
$790
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Onyx, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93255 | $387 | $519 | $790 | $1,656 | $2,426 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Kern Tax Assessor | |
| Website | www.kerncounty.com |