Exeter, California Property Taxes
The median property tax rate in Exeter, CA is 1.09%, 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 $178,542 in Exeter, the typical annual property tax bill amounts to $1,889, which is below the national median of $2,690. Property taxes in Exeter are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Exeter'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 Exeter 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
Exeter, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$1,946
$1,838
Ownwell’s Exeter Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Exeter with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Exeter 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 Exeter, California
Property taxes in Exeter, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Exeter is 1.09%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Exeter set these rates annually, and they can vary significantly across different neighborhoods. Each year, Exeter 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 Exeter's effective property tax rate to other counties in California and the national median. For comparison, the 93221 zip code has the highest median property tax rate of 1.09%, while the same zip code also has the lowest median tax rate of 1.09%. Understanding how these cities compare with Exeter provides valuable insights into the varying tax landscape across Tulare County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Exeter Tax Rate
1.09%
Average Tulare County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Exeter, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93221 | 0.99% | 1.04% | 1.09% | 1.10% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Exeter, California
In Exeter, 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 Tulare 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 Exeter, 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 Exeter helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Exeter is $1889 in the 93221 zip code, while the lowest is also $1889 in the same zip code.
Average Exeter Assessed Value
$178,542
Average Tulare County Assessed Value
$173,848
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Exeter, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93221 | $62,368 | $111,670 | $178,542 | $259,918 | $368,522 |
Source: Ownwell
Property Tax Bills Across Exeter, California
In Exeter, located in Tulare County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. Homeowners in Exeter face a median property tax rate that contributes to their annual tax bills. For instance, the median home price in Exeter is $178,542, and tax bills can vary significantly. At the 25th percentile, homeowners might see tax bills around $1,168, while those at the 75th percentile could pay up to $2,764. The 90th percentile tax bills can go as high as $3,956. Factors that influence these tax bills include the property's assessed value, any applicable exemptions, and the specific tax rate set by local authorities. Compared to the national median property tax rate of 0.99%, Exeter's tax rates can have varying impacts on homeowners, influencing their overall financial planning and housing affordability.
Average Exeter Tax Bill
$1,889
Average Tulare County Tax Bill
$1,854
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Exeter, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93221 | $641 | $1,168 | $1,889 | $2,764 | $3,956 |
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 | |
|---|---|
| Tulare Tax Assessor | |
| Website | common1.mptsweb.com |