Patterson, California Property Taxes
The median property tax rate in Patterson, CA is 1.53%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Patterson at $295,373, the typical annual property tax bill reaches $5,141, exceeding the national median of $2,690. Property taxes in Patterson 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 Patterson'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 Patterson 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
Patterson, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.53%
Estimate Property Tax Bill
$4,519
$4,268
Ownwell’s Patterson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Patterson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Patterson 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 Patterson, California
Property taxes in Patterson, CA, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Patterson is 1.53%, significantly higher than the U.S. national median of 0.99%. Local government entities within Patterson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Patterson 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 Patterson's effective property tax rate to other counties in California and the national median. For comparison, the 95363 zip code has the highest median property tax rate of 1.53%, while the same zip code also has the lowest median tax rate of 1.53%. Understanding how these cities compare with Patterson provides valuable insights into the varying tax landscape across Stanislaus County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Patterson Tax Rate
1.53%
Average Stanislaus County Tax Rate
1.15%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Patterson, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95363 | 1.16% | 1.19% | 1.53% | 2.04% | 2.63% |
Source: Ownwell
Property Tax Assessment Values Across Patterson, California
In Patterson, CA, 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 Stanislaus 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 Patterson, 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 Patterson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Patterson is $5,141 in the 95363 zip code, while the lowest median tax bill is also $5,141 in the same zip code.
Property Tax Assessment Values Across Patterson, California
Source: Ownwell
$112,275
$616,449
$1,120,622
Average Patterson Assessed Value
$295,373
Average Stanislaus County Assessed Value
$255,442
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Patterson, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95363 | $132,307 | $192,308 | $295,373 | $408,228 | $515,100 |
Source: Ownwell
Property Tax Bills Across Patterson, California
In Patterson, located in Stanislaus County, CA, property tax bills are calculated based on the assessed value of a home, which is typically determined by the county assessor. The assessed value is influenced by factors such as the property's market value, improvements made, and any applicable exemptions. Homeowners in Patterson experience a range of property tax bills, with the 25th percentile at $2,748 and the 75th percentile reaching $7,634. For those at the 90th percentile, the tax bill can be as high as $9,238. These figures highlight the variability in tax obligations, significantly impacting homeowners' financial planning. Compared to the national median property tax rate of 0.99%, the property tax burden in Patterson can be substantial, especially for homes with higher assessed values. The highest median tax bill in the area stands at $5,141, indicating that some homeowners may face considerable annual expenses. Understanding these factors is crucial for homeowners to effectively manage their finances and anticipate future tax liabilities.
Average Patterson Tax Bill
$5,141
Average Stanislaus County Tax Bill
$3,056
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Patterson, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95363 | $1,631 | $2,748 | $5,141 | $7,634 | $9,238 |
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 | |
|---|---|
| Stanislaus Tax Assessor | |
| Website | secure.stancounty.com |