Anza, California Property Taxes
The median property tax rate in Anza, CA is 1.20%, slightly higher than the national median of 0.99% but just below the California state median of 1.21%. With a median home value of $172,465, the typical annual property tax bill in Anza reaches $1,965, which is lower than the national median of $2,690. Property taxes in Anza are based on the assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Anza'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 Anza or another part of Riverside County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Anza, 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 Anza Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Anza with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Anza 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 Anza, California
Property taxes in Anza, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Anza is 1.20%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Anza set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anza 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 Anza's effective property tax rate to other counties in California and the national median. For comparison, the 92539 zip code has the highest median property tax rate of 1.20%, while the same 92539 zip code also has the lowest median tax rate of 1.20%. Understanding how these figures compare with Anza provides valuable insights into the varying tax landscape across Riverside County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anza Tax Rate
1.20%
Average Riverside County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anza, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92539 | 1.07% | 1.16% | 1.20% | 1.28% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Anza, California
In Anza, 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 Riverside County Assessor's Office 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 Anza, 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. The median home price in Anza is $172,465, with the 25th percentile tax bill at $1,153 and the 75th percentile tax bill at $3,109. The highest median tax bill is $1,965, found in zip code 92539, which also has the lowest median tax bill at the same amount. 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 Anza helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Anza Assessed Value
$172,465
Average Riverside County Assessed Value
$321,125
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Anza, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92539 | $51,964 | $94,087 | $172,465 | $278,822 | $376,010 |
Source: Ownwell
Property Tax Bills Across Anza, California
In Anza, located in Riverside County, CA, property tax bills are determined based on the assessed value of your home, which is typically a percentage of the market value. The median home price in Anza is $172,465. Property tax rates in this area influence the final tax bill, with the national median property tax rate being 0.99%. For homeowners in Anza, tax bills can vary significantly. The 25th percentile tax bill is $1,153, while the 75th percentile reaches $3,109. At the 90th percentile, homeowners may see tax bills as high as $4,126. The highest and lowest median tax bills in Anza are both recorded at $1,965, specifically in the 92539 zip code. These figures reflect the variability in property taxes, which can impact homeowners' annual financial planning. Factors such as property improvements, neighborhood changes, and local government budgets also play a role in determining the final tax amount. Understanding these elements can help homeowners better anticipate their property tax obligations.
Average Anza Tax Bill
$1,965
Average Riverside County Tax Bill
$4,079
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Anza, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92539 | $673 | $1,153 | $1,965 | $3,109 | $4,126 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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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 | |
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Riverside Tax Assessor | |
Website | ca-riverside-acr.publicaccessnow.com |