Yosemite National Park, California Property Taxes
The median property tax rate in Yosemite National Park, CA is 1.02%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $325,856 in Yosemite National Park, the typical annual property tax bill amounts to $3,360, surpassing the national median of $2,690. Property taxes in Yosemite National Park 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 Yosemite National Park'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 Yosemite National Park or another part of Mariposa County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Yosemite National Park, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Yosemite National Park Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Yosemite National Park with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Yosemite National Park 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 Yosemite National Park, California
Property taxes in Yosemite National Park, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Yosemite National Park is 1.02%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Yosemite National Park set these rates annually, and they can vary significantly across different neighborhoods. Each year, Yosemite National Park 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 Yosemite National Park's effective property tax rate to other counties in California and the national median. For comparison, the 95389 zip code has both the highest and the lowest median property tax rate of 1.02%. Understanding how these cities compare with Yosemite National Park provides valuable insights into the varying tax landscape across Mariposa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Yosemite National Park Tax Rate
1.02%
Average Mariposa County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Yosemite National Park, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95389 | 1.01% | 1.01% | 1.02% | 1.13% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Yosemite National Park, California
In Yosemite National Park, 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 Mariposa 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 Yosemite National Park, 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 Yosemite National Park helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 95389 has both the highest and lowest median tax bill, valued at $3,360.
Property Tax Assessment Values Across Yosemite National Park, California
Source: Ownwell
$33,082
$179,469
$325,856
Average Yosemite National Park Assessed Value
$325,856
Average Mariposa County Assessed Value
$200,834
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Yosemite National Park, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95389 | $80,722 | $151,926 | $325,856 | $619,554 | $903,337 |
Source: Ownwell
Property Tax Bills Across Yosemite National Park, California
In Yosemite National Park, located in Mariposa County, CA, property tax bills are determined based on the assessed value of a property, which is typically a percentage of its market value. The median home price in the area is $325,856, and the property tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as property improvements, market conditions, and local government budget needs can influence the assessed value. For homeowners, this means that their property tax bill can vary significantly. For instance, the tax bill at the 25th percentile is $1,741, while at the 75th percentile, it rises to $6,474, and at the 90th percentile, it can reach up to $9,476. The highest and lowest median tax bills in the area are both $3,360, reflecting a consistent rate in the specific zip code 95389. Comparatively, the national median property tax rate is 0.99%, placing Mariposa County's rates within a competitive range. This variability impacts homeowners' financial planning and overall cost of living.
Average Yosemite National Park Tax Bill
$3,360
Average Mariposa County Tax Bill
$1,990
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Yosemite National Park, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95389 | $904 | $1,741 | $3,360 | $6,474 | $9,476 |
Source: Ownwell