Coarsegold, California Property Taxes
The median property tax rate in Coarsegold, CA is 1.02%, slightly above the national median of 0.99% but below the California state median of 1.21%. With a median home value of $273,412, the typical annual property tax bill in Coarsegold amounts to $2,708, just under the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Coarsegold'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 Coarsegold or another part of Madera County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Coarsegold, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$2,789
$2,634
Ownwell’s Coarsegold Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Coarsegold with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Coarsegold 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 Coarsegold, California
Property taxes in Coarsegold, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Coarsegold is 1.02%, slightly higher than the U.S. national median of 0.99%. Local government entities within Coarsegold set these rates annually, and they can vary significantly across different neighborhoods. Each year, Coarsegold 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 Coarsegold's effective property tax rate to other areas in Madera County and the national median. For comparison, the 93614 zip code has the highest median property tax rate of 1.02%, while the same zip code also represents the lowest median tax rate of 1.02%. Understanding how these areas compare with Coarsegold provides valuable insights into the varying tax landscape across Madera County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Coarsegold Tax Rate
1.02%
Average Madera County Tax Rate
1.10%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coarsegold, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93614 | 0.95% | 0.99% | 1.02% | 1.03% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Coarsegold, California
In Coarsegold, 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 Madera 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 Coarsegold, 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 Coarsegold helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Coarsegold, the zip code with the highest and lowest median tax bills is 93614, with a median tax bill of $2,708. The 25th percentile tax bill is $1,877, the 75th percentile is $3,651, and the 90th percentile is $4,653.
Average Coarsegold Assessed Value
$273,412
Average Madera County Assessed Value
$222,847
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Coarsegold, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93614 | $134,973 | $190,261 | $273,412 | $369,342 | $459,000 |
Source: Ownwell
Property Tax Bills Across Coarsegold, California
In Coarsegold, located in Madera County, CA, property tax bills are determined by a combination of the assessed value of the property and the applicable tax rate. The assessed value is typically based on the purchase price of the home and can be adjusted annually for inflation, not exceeding 2% per year. This assessed value is then multiplied by the tax rate to calculate the annual tax bill. For homeowners in Coarsegold, the median home price stands at $273,412. The property tax rate in this area can lead to varying tax bills. For instance, the 25th percentile tax bill is around $1,877, while the 75th percentile tax bill is approximately $3,651. At the higher end, the 90th percentile tax bill can reach up to $4,653. Compared to the national median property tax rate of 0.99%, the property tax rates in Coarsegold reflect the local economic conditions and public service needs. This can significantly impact homeowners, influencing their annual financial planning and long-term investment in their properties.
Average Coarsegold Tax Bill
$2,708
Average Madera County Tax Bill
$2,366
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Coarsegold, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93614 | $1,290 | $1,877 | $2,708 | $3,651 | $4,653 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Madera Tax Assessor | |
| Website | common3.mptsweb.com |