Orange Cove, California Property Taxes
The median property tax rate in Orange Cove, CA is 1.14%, 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 $231,355 in Orange Cove, the typical annual property tax bill amounts to $2,389, which is below the national median of $2,690. Property taxes in Orange Cove are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Orange Cove'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 Orange Cove 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
Orange Cove, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$2,637
$2,491
Ownwell’s Orange Cove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orange Cove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orange Cove 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 Orange Cove, California
Property taxes in Orange Cove, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Orange Cove is 1.14%, which is higher than the U.S. national median of 0.99%. Local government entities within Orange Cove set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orange Cove 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 Orange Cove's effective property tax rate to other counties in California and the national median. For comparison, the zip code 93646 has the highest median property tax rate of 1.14%, while the same zip code also has the lowest median tax rate of 1.14%. Understanding how these cities compare with Orange Cove 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 Orange Cove Tax Rate
1.14%
Average Tulare County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orange Cove, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93646 | 1.10% | 1.10% | 1.14% | 1.15% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Orange Cove, California
In Orange Cove, 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 Orange Cove, 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 Orange Cove is $231,355, with tax bills ranging from $1,069 at the 25th percentile to $2,710 at the 75th percentile. The highest and lowest median tax bills are both $2,389 in the 93646 zip code. 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 Orange Cove helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Orange Cove Assessed Value
$231,355
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 Orange Cove, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93646 | $56,602 | $138,899 | $231,355 | $244,716 | $255,830 |
Source: Ownwell
Property Tax Bills Across Orange Cove, California
In Orange Cove, located in Tulare County, CA, property tax bills are determined by assessing the market value of a home and applying the local tax rate to this value. The assessed value is based on the purchase price of the property, and annual increases are capped at 2% unless the property changes ownership or undergoes new construction. The median home price in Orange Cove is $231,355, which serves as a baseline for calculating property taxes. Homeowners in Orange Cove can expect their tax bills to vary significantly. For example, the 25th percentile tax bill is $1,069, while the 75th percentile tax bill is $2,710. At the higher end, the 90th percentile tax bill reaches $2,908. These figures indicate that property tax bills can vary widely based on the value of the property and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, the property tax rates in Orange Cove can significantly impact homeowners' annual expenses, making it crucial for residents to understand how their tax bills are calculated and what factors influence them.
Average Orange Cove Tax Bill
$2,389
Average Tulare County Tax Bill
$1,854
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Orange Cove, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93646 | $647 | $1,069 | $2,389 | $2,710 | $2,908 |
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 |